rebate-schemes-market-structure-marketsmuse

Pay-to-Play Rebate Schemes Confuse Smartest Traders
In People Profiles, Tech Talk> By MarketsMuse Curator
Within the context of market structure, the ever-evolving rules of the road for those attempting to navigate how and where to secure best pricing when executing equities orders has become so convoluted thanks to pay-to-play rebate schemes, its not only the curators at MarketsMuse who are scratching their heads, even the most sophisticated traders from […] Read More

2 March, 2016
fbi-apple-battle

FBI Breaking Its Brand Image In Effort to Break…
In Tech Talk> By MarketsMuse Curator
James Comey, the former general counsel of global hedge fund Bridgewater Associates and current director of the FBI is, according to thought-leaders across the technology industry, “doing more to break the brand image of the country’s top law enforcement agency than it is in doing its job properly” as it continues to battle Apple Inc […] Read More

2 March, 2016
non-transparent-etf-eaton-vance-etmf

Eaton Vance Launches Non-Transparent ETF aka “ETMF”
In ETF News> By MarketsMuse Curator
Eaton Vance Corp. today launched the first-ever non-transparent, actively-managed ETFs. Their new creation is called an exchange-traded managed fund (ETMF) and goes under the brand name NextShares. Quite a coup considering last week’s MarketsMuse story “SEC Chair White Says I’ve Got a Dream” [for the SEC to actually read offering prospectus of complex ETFs before […] Read More

26 February, 2016
shot-across-bow

Symphony Pact With FlexTrade-Shot Across Bloomberg Bow
In People Profiles, Tech Talk> By MarketsMuse Curator
Symphony, the Wall Street-backed secure messaging platform first designed to displace Bloomberg LP’s most ubiquitous feature and further reduce the Street’s dependency and technology costs synonymous with having a Bloomberg terminal, has struck another blow in the bow of Bloomberg’s boat thanks to the consortium-owned deal with electronic execution system provider FlexTrade. If not widely […] Read More

26 February, 2016
wsl-2016-best-broker-dealer

2016 Wall Street Letter Award For Best Broker-Dealer Goes…
In Fixed Income, People Profiles, Strike Price> By MarketsMuse Curator
If not as widely-covered as the GOP or DNC primaries, financial industry publication Wall Street Letter (“WSL”) held its 5th Annual Institutional Trading Awards ceremony last night at NYC venue 583 Park Avenue and recognized best-in-class broker-dealers across 7 major categories, including Best Broker Dealer (OverAll), Best Broker-Dealer Research, Best BD-Client Service and Best Broker-Dealer […] Read More

24 February, 2016
sec-chair-white-marketsmuse

SEC Chair White: “I Have A Dream..”
In ETF News> By MarketsMuse Curator
SEC Mary Joe White has a dream, and even if she aspires to leverage the inspirational outlook of  Dr. Martin Luther King, securities industry members are debating whether her dream could prove to be a reality any sooner than the civil rights agenda expressed by Dr. King so many years ago.  In a series of […] Read More

19 February, 2016
bond-etf-trading

Bank Trading Desks Merge Bonds and ETFs
In ETF News, Fixed Income> By MarketsMuse Curator
Corporate Bonds and exchange-traded funds is a combination that first seemed counter-intuitive to the select universe of traders who are actually fluent in both corporate bond trading and equity trading; two practice areas that are distinctively different. “Stocks are bought and bonds are sold” as they used to say, and the nuances of trading these […] Read More

18 February, 2016
etf-sec-lending

Sec Lending Makes These ETFs Profitable
In ETF News> By MarketsMuse Curator
Its all about Securities Lending aka Sec Lending for certain ETFs to outperform and be profitable for investors looking for ways to offset the fund’s expense fees. MarketsMuse salutes Eric Balchunas at Bloomberg for his a.m. report: “Hedge Funds Will Pay for You to Own Small-Cap ETFs” (Bloomberg)- With many exchange-traded funds already dirt cheap, […] Read More

18 February, 2016
geared-etfs-sec-marketsmuse

SEC Aims To Ban Geared ETFs
In ETF News> By MarketsMuse Curator
The US SEC apparently has its cross-hairs on so-called ‘geared ETFs,’  those high-testosterone, levered instruments that incorporate derivatives so as to deliver an advertised 2x or 3x return for certain strategies versus a typical 1:1 correlation provided by plain vanilla exchange-traded funds.  The SEC proposal would effectively ban the use of those products altogether. As […] Read More

12 February, 2016
contango-uso-etf-oil

Only Idiots Use USO ETF to Trade Oil-It Can’t…
In ETF News, Global Macro Strategy> By MarketsMuse Curator
For those who are confused as to the near-term, or even longer-term price direction of Oil, even J.R. Ewing would tell you there isn’t an oil man in Texas, including Boone Pickens, who can see far beyond the prices posted at the pump. Especially when one gas station in Oklahoma is now selling one gallon […] Read More

11 February, 2016
junk-bond-etf-liquidity

Junk Bond ETFs-The Liquidity Debate Goes to SEC
In ETF News, Fixed Income> By MarketsMuse Curator
MarketsMuse ETF and Fixed Income curators have frequently spotlighted the ongoing debates as to whether corporate bond ETFs, and in particular, junk bond-specific exchange-traded-funds pose special risks. Some argue that a liquidity crisis could unravel the high yield bond sector if/when institutional investors decide that risk of recession continues to ratchet higher, leading all of […] Read More

8 February, 2016
global-macro-view

Global Macro Guru Says: Look Out Below
In ETF News, Global Macro Strategy> By MarketsMuse Curator
MarketsMuse curators are often most inspired by views expressed by those dedicated to interpreting and positing financial market outlooks via a global macro lens. This ‘style’ requires a disciplined process and for those who are best in the practice of this dark art, the projections are often prescient. With that, we point to opening commentary […] Read More

8 February, 2016
investors-impaired-rareview

Professional Investors Are Impaired Says MarketsMuse
In ETF News, Fixed Income, Global Macro Strategy, Strike Price> By MarketsMuse Curator
Referring to anyone as ‘being impaired’ is not a compliment. And, in the world of financial market punditry, where at least half of the experts are best at telling their audience what happened during the past 12 hours, while another 45% who position themselves as forecasters are right maybe 50% of the time, its no […] Read More

5 February, 2016

TradeWeb Muscles Into ETF Execution Space
In ETF News, Fixed Income, Tech Talk> By MarketsMuse Curator
Fixed Income trading platform TradeWeb, best known for its dominant role administering OTC government securities trading between global banks and institutional customers is muscling into the world of ETFs. Tradeweb has just launched an electronic over-the-counter marketplace for trading exchange traded funds using a “request-for-quote” aka “RFQ”- based platform that is modeled after a platform […] Read More

3 February, 2016

Global Macro View-Friday’s Stock Rally In Perspective
In ETF News, Fixed Income, Global Macro Strategy, Strike Price> By MarketsMuse Curator
MarketsMuse curators have canvassed assortment of guru-types who have attempted to decipher Friday’s stock rally, along with tuning in to the abundance of Monday morning quarterback views. For those who turn to the cartoon channel (i.e. CNBC), some pundits call it a dead cat bounce, more optimistic professional traders and pontificators would like to believe […] Read More

1 February, 2016
neo-exchange-etf

Invesco Pushes Canada’s Neo Exchange Into ETF Listing War
In ETF News> By MarketsMuse Curator
(Traders Magazine)- According to the ETF curators at MarketsMuse, “..If you’re going to dominate the ETF space, you should own your own exchange..” and with that,  Canada’s upstart Aequitas Neo Exchange has landed its first listed exchange traded fund in Canada – from mega money manager Invesco, whose Canada counterpart Invesco Canada is also an […] Read More

29 January, 2016
oil-global-macro-slippery-slope

Oil-Slippery Slope for Traders and Pundits Alike-Except One..
In ETF News, Global Macro Strategy> By MarketsMuse Curator
(SubstantiveResearch.com). Trading oil or simply just talking about where, when and why this commodity will assert a more predictable pricing direction has proven to be a slippery slope for professionals and pundits alike. Expressing views via the actual barrel (WTI) or via an ETF (e.g. USO, BNO etc) has been challenging for the best of […] Read More

29 January, 2016
nyse-etf-marketshare-slipping

NYSE Hold on ETF Business Slipping?
In ETF News> By MarketsMuse Curator
(Bloomberg LP)-NYSE Group Inc. may still be the king of exchange-traded funds among U.S. stock markets, but their hold on the ETF business might be slipping as Issuers, including BlackRock seek other listing venues and challengers to the throne are gaining ground. Last year, a record 23 ETFs left the company’s NYSE Arca exchange, shifting […] Read More

27 January, 2016