cryptocurrency

Goldman Sachs Wants Patent To Settle Trades in Bitcoin…

(TradersMagazine) Trading settlement and clearing could go the way of bitcoin, as white glove bulge bracket brokerdealer Goldman Sachs and fintech aficiondo has filed a patent for technology to settle securities in the cyber cryptocurrency. As first reported in Bitcoin Magazine on November 19, the United States Patent & Trademark Office (USPTO) published Goldman, Sachs & […] Read More

4 December, 2015
zuckerberg pledge

FB Zuckerberg Donates 99 Percent of Shares To Charity…

Facebook’s Mark Zuckerberg (who needs no further introduction) and his wife Priscilla are celebrating the birth of their first child ( a girl named Max) by announcing that he and his wife will move 99% of their shares in Facebook (NYSE:FB) to a charitable trust. For those without a calculator, that’s $45bil of net worth […] Read More

1 December, 2015
crowdfund etf

Yes, Now an ETF for Crowdfund Industry

MarketsMuse followers who noticed our June 29 2015 post “What’s Next? ETFs for Crowdfunding?”  and our curator’s somewhat parody-centric, but now prescient view that someone in the ETF world would soon come up with a crowdfund industry exchange-traded product can now share this post with others–as that prediction has come to fruition. Per brief blurb […] Read More

1 December, 2015
bond etf liquidity

Calling for Clarity: Corporate Bond ETF Liquidity

There continues to be a call for clarity with regard to the topic of corporate bond ETF liquidity and where/how corporate bond ETFs add or detract within the context of investors ability to get ‘best execution’ when secondary market trade in underlying corporate bonds is increasingly ‘illiquid.’ This not only a big agenda item for […] Read More

1 December, 2015
hedge fund etf

Hedge Fund ETF Pile On Leads To Crowd Control…

A pile on approach is impacting hedge fund emulator ETF products (e.g. $GURU, $ALFA), and leading to crowd control issues, according to a recent Bloomberg article re-distributed via TradersMagazine story with title: Hedge Fund-Replicating ETFs Hurt by Crowded Trade Selloff MarketsMuse curators carry the story here.. (Bloomberg) — Exchange-traded funds designed to mimic the strategies […] Read More

25 November, 2015
top fintech bankers

Institutional Investor’s Top-Ranked FinTech Bankers Include…

Institutional Investor Magazine has recently announced the world’s top 35 FinTech Bankers, and… As astutely noted by Institutional Investor Magazine’s Senior Editor Jeffrey Kutler, “The origin of the term “fintech” is difficult to pinpoint; only very recently has it become an accepted label for one of the hottest segments of the technology market. The availability […] Read More

18 November, 2015
USD long trade

Global Macro-Dollars and Donuts-The Long USD Trade

MarketsMuse Global Macro curators credited with metaphoric title “Dollars and Donuts”–a phrase many of those who trade on institutional desks should appreciate…Snippet below is courtesy of a.m. edition of institutional research unbundler SubstantiveResearch.com Neil Azous from Rareview Macro writes that for all attention being devoted to the equity market at the moment, the biggest sensitivity […] Read More

18 November, 2015
paris risk

Financial Markets Ignore Paris Terrorism-At Their Own Risk

Weekend’s Geopolitical Events Are Being Ignored.. MarketsMuse curators have been navigating commentary across the media throughout the weekend in search for the various financial industry pundits and opinionators who might add some context to the terrorism that shook Paris on Friday night. No surprise, we noticed the below opening from hot-off-the-press a.m. commentary from global […] Read More

16 November, 2015
vetedchallenge crowdrise

Hedge Fund Honcho Behind Crowdfund for Veterans Education

Marathon Asset Management CEO Bruce Richards Leads Crowdfund Campaign for “Veterans Education Challenge” Hedge Fund Honcho Will Match $1mm Raised via Crowdfunding Platform CrowdRise (RaiseMoney.com) For those Wall Street sharks and finance industry wonks who haven’t yet received the memo about crowdfunding, you might want to dial in to hedge fund industry icon Bruce Richards, […] Read More

13 November, 2015
HYG v VIX

High-Yield Credit Spreads, HYG and VIX-Reading The Tea Leaves

MarketsMuse followers have been reminded more than a few times that conventional wisdom requires investors to keep their eyes on corporate bond spreads so as to have a clear lens when considering the outlook for equity prices on a medium-to-longer time frame. The relationship between high-yield debt,most-often measured by HYG (the high-yield bond exchanged-traded fund) […] Read More

13 November, 2015
race-to-zero blackrock

ETF Fees-BlackRock Leads Race To Zero

Unless you are Rip Van Winkle, you don’t need to be a MarketsMuse to know that the primary value proposition put forth by the ETF industry has always been: “Lower Fees Vs. Mutual Funds!” Yes, the secondary ‘advantage’ is “liquidity,” given that investors can move in and out of exchange-traded-funds throughout the trading day, whereas […] Read More

11 November, 2015
NSX exchange

Big Dick Behind Yet Another New Exchange; NSX v…

Former Lehman Bros capo Richard Fuld likes acronyms, and somewhat out of character for the Big Dick many on Wall Street remember him to be,  he also apparently likes the idea of inserting himself into a consortium that has created yet another new exchange platform–that eschews the notion of maker-taker for being ‘bad policy’ and […] Read More

10 November, 2015
veterans day

How One Wall St Firm Honors Veterans Day

9 November (BrokerDealer.com)–Broker-Dealer Mischler Financial Group (“Mischler”) , the securities industry’s oldest minority investment bank and institutional brokerage owned and operated by Service-Disabled Veterans announced that in connection with the firm’s annual recognition of Veteran’s Day, Mischler has pledged a portion of the firm’s entire November 2015 profits to The Bob Woodruff Foundation (“BWF”), the […] Read More

9 November, 2015

Another Secondary Market To Trade Equity Crowdfund Deals

On the heels of an Oct 6 story at MarketsMuse about UK-based “Crowd2Fund.com”, now there’s another fintech entrant seeking to introduce secondary market trading of crowdfund deals. In a news release this week, Australia’s Equitise is joining with Syndex to create a new Alternative Trading System (ATS) to facilitate secondary market for crowdfunded securities. In […] Read More

31 October, 2015
ICE plan active ETFs

ICE Plans for More Active-Traded ETFs Put On Ice

The NYSE, a  division of Intercontinental Exchange (ICE) has encountered a slippery slope in the exchange’s effort to secure a bigger role in the ETF marketplace through a scheme that would expedite the creation of so-called actively-traded ETFs, which some MarketsMuse followers have dubbed ‘exchange-traded funds on testosterone.’ WSJ-The New York Stock Exchange this month […] Read More

30 October, 2015
nomura suspends leveraged ETF new creations

Nomura Says Sayonara to New Leveraged ETF Creations

Sayonara City As Japan Getting Crash Course in Leveraged Returns With Nikkei ETF MarketsMuse ETF update courtesy of Bloomberg LP Oct 15–Nomura Asset Management Co. said it would suspend on Friday the creation of new shares in a large leveraged exchange-traded fund, as well as two others, citing liquidity concerns. The move applies to the […] Read More

17 October, 2015
marketsmuse fixed income comment re SAB Miller deal

MarketsMuse -Timing of ABIBB for SABLN Deal

Guest Contributor and fixed income markets muse Ron Quigley, Managing Director of Fixed Income Syndicate for diversity firm Mischler Financial Group offers a Glass of Insight to the likely timing of the ABBIB acquisition of SABLN (AnheuserBusch proposed takeover of brewer SAB Miller). Below commentary is an extract from 15 October edition of Quigley’s Corner, […] Read More

16 October, 2015

Volatility is the New Asset Class-How To Harvest

MarketsMuse Strike Price curators are always looking for smart perspectives on how to bring more asset managers and institutional investors to better understand and embrace the use of options in a responsible manner. According to Todd Hawthorne,  lead portfolio manager of Boston Partners, volatility [which some immediately and sometimes, misguidedly associate with the CBOE VIX […] Read More

16 October, 2015