State Street Slashes SPDR ETF Fees; Issuers In A…

MarketsMuse blog update courtesy of extract from news report by Reuters’ Ashley Lau State Street Corp said on Tuesday it has slashed management fees on 41 of its SPDR exchange-traded funds, joining major ETF providers BlackRock Inc and Vanguard in their efforts to lower fees as price competition heats up. The price cuts at State […] Read More

3 February, 2015

Electronic Trading of Corporate Bonds: Buy-Side Says: Don’t Fix…

Marketsmuse.com continues coverage of corporate bond electronic trading initiatives with outtake courtesy of coverage by Traders Magazine and column authored by Wall Street & Technology’s Ivy Schmerken. MM editor note: Since it was our chief honcho who coined the phrase “electronification of markets” 20 years ago, we’re also the first to say “If anyone has […] Read More

3 February, 2015

Confused About Crude? You’re Not Alone; Global Macro Traders…

MarketsMuse excerpt from Feb 3 edition of Rareview Macro LLC’s  Sight Beyond Sight global macro commentary.. Professionals Not Discussing Crude Oil Strength…Short Euro Put on Hold This is simple. WTI crude oil is now up ~18% from the January 29th lows. It is not a question of whether the bounce continues or worth debating whether […] Read More

3 February, 2015

Global Macro Czar Paul Singer Says This About Buying…

Elliott Management Founder Says It’s ‘Nutty’ to Hold Government Debt Below MarketsMuse extract courtesy of FinAlternatives.com’s afternoon edition (which is courtesy of coverage from Bloomberg LP’s Kelly Bit) is a beauty for those who follow the musings of this global macro trading titan…and the comments are consistent with what makes Paul Singer, well, Paul Singer.. […] Read More

2 February, 2015

Guggenheim Investments Eyes Currency Hedged ETFs

MarketMuse update is courtesy of Reuters.  Guggenheim Investments, the seventh-largest ETF issuer in the United States, is considering trying on currency hedged ETFs for size. Guggenheim Investments is considering launching one or more currency hedged exchange-traded funds, one of the hottest and most sought-after financial products the last few months. “I will confirm that we’re interested […] Read More

2 February, 2015

Crude Oil, Contango and Confusion; Global Macro View

MarketsMuse provides below extracts from Feb 2 edition of Rareview Macro’s Sight Beyond Sight as a courtesy to our readers. The entire edition of today’s SBS newsletter is available via the link below. Professionals Taking Move in Crude Oil Seriously…Concern Over Deeper Move Lower in Risk No One Prepared for Deflation Risk to Subside Left […] Read More

2 February, 2015

A Little Known ETF, Recon Capital, Comes Out Big…

MarketMuse update courtesy of ETF Trends, Tom Lydon. Tom Lydon highlights Recon Capital ETF that follows a covered call strategy successful first year.  A little unknown exchange traded fund that follows a covered call strategy has generated robust dividend yields over its first year. The Recon Capital NASDAQ-100 Covered Call ETF (NasdaqGM: QYLD), which began trading on December […] Read More

30 January, 2015
bond trading platform, RVQB

Fixed Income Trading Technology Part 5-RVQB Throws Hat in…

MarketMuse update courtesy of repurpose from Brokerdealer.com, originally from Traders Magazine, one of the sell-side’s  top publications. Quantitative Brokers and RiskVal have formed a partnership to create and deliver a fixed income trading platform, called RVQB. The new sellside bond trading platform “combines powerful real-time analytics with seamless access to QB algorithms for best execution,” according to a […] Read More

29 January, 2015

Here We Go Again: OpenBondX Proposes Launch of Another…

While contemplating today’s news release profiling the proposed launch of the latest corporate bond electronic trading platform “OpenBondX,” MarketsMuse senior editors respectfully borrow Yogi Berra’s best line  ““It’s like déjà vu all over again.” But for those too young to remember that most famous Yankee, we’ll toss you a softball: “Here we go, yet one more hat […] Read More

28 January, 2015

The 1st Regulated Bitcoin Bourse? Frmr Goldman Sachs Algo…

MarketsMuse.com update courtesy of extracts from today’s edition of Traders Magazine. Yet another coin is being tossed into the fountain of Bitcoin dreams and wishes. The latest aspirant and first to file a full-blown registration for a “Bitcoin Bourse”with the CFTC is “LedgerX”, a company led by former 6-pack broker-dealer and MIT Alumni Paul Chou, […] Read More

28 January, 2015

LIVE FROM ETF.com Conference: Expert Bashes ETFMs

Markets Muse senior staff dumped their snow boots and instead, has boots on the ground at the Florida ETF boondoggle hosted by ETF.com. One of the more reportable take-aways (so far) is our capturing the following comment about the much talked about new product trend focused on non-transparent, hedge fund-esque ETFs,  courtesy of one industry […] Read More

27 January, 2015

Virtus Investment Partners Take on The ETF Market

MarketMuse update is courtesy of MarketWatch. Virtus Investment Partners (NASDAQ: VRTS), multi-manager asset management business,  announced that they have reached an agreement with ETF Issuer Solutions (ETFis) , a comprehensive platform for listing, operating, and distributing exchange traded funds. Virtus Investment Partners will acquire the majority interest from the deal.  The transaction will provide Virtus with manufacturing […] Read More

27 January, 2015

ETMFs vs ETFs

As the exchange-traded fund marketplace continues to evolve, the recent introduction of “exchange-traded managed funds”, aka ETMFs, has opened Pandora’s Box for those who have embraced “traditional” ETFs because of their transparency, real-time pricing (vs “end of day price setting”) and the relative ease of diagnosing liquidity by interrogating bid-offer markets in the respective underlying […] Read More

26 January, 2015

ETF Industry Growing At Rapid Rate; Assets Will Hit…

MarketMuse update courtesy of ETF Trends’ Tom Lydon.  The U.S. exchange traded products industry hit a major milestone last year, eclipsing $2 trillion in assets under management, but industry observers do not see that growth slowing. Rather, it is expected that ETFs will continue their exponential growth rate in the years ahead. While it took […] Read More

26 January, 2015

Corporate Bond ETFs: Trading Underlying Issues Is Not So…

Greenwich Associates study reveals difficulty in executing corporate bond trades; Transparency and Liquidity are Lacking MarketsMuse update courtesy of extract from Jan 23 Wall Street Letter, followed by our own comments (thanks to our Exec Editor’s providing more than average knowledge of corporate bond trading and the assortment of electronic exchange initiatives intended to increase […] Read More

24 January, 2015

China’s Stock Connect Cooks Up ETF Plan: One from…

MarketsMuse update courtesy of extract from BrokerDealer.com and Traders Magazine via Bloomberg LP (Bloomberg) — China is considering allowing international investors to buy bonds and exchange-traded funds (ETFs) through the link between the Hong Kong and Shanghai bourses. “We can offer more diversified products,” Huang Hongyuan, president of the Shanghai Stock Exchange, said through a […] Read More

24 January, 2015

Swiss National Bank’s Policy Decision: Still Confused? Here’s a…

Still confused about the ramifications re: last week’s Swiss National Bank (SNB) monetary policy change? Join the 1%’ers, including those global macro-focused market mavens, divas and divos who are dining on fresh mackerel in Davos, galloping their ponies in Greenwich, and/or skiing in Aspen. The good news is one leading expert (who, not surprisingly is […] Read More

23 January, 2015

Change is Coming: What to Expect With Bitcoin ETF

MarketMuse update courtesy of Inside Bitcoins’ Kyle Torpey.  Much of the bitcoin community is excited at the prospect of a bitcoin ETF due to the assumption that it could bring many new speculators into the market. After all, if everyone with access to assets traded on the NASDAQ can just as easily trade bitcoin in the same account as […] Read More

21 January, 2015