BrokerDealers Balk and Walk From Top ETF Adviser

F-Squared Investments Receives Wells Notice From SEC, and Brokers Back Away Extract courtesy of WSJ and reporter Chris Dieterich and Corrie Dreibusch Three large brokerage firms are distancing themselves from money manager F-Squared Investments Inc., amid regulatory scrutiny of whether the firm overstated its track record. RBC Wealth Management and Raymond James Financial Inc. RJF […] Read More

3 September, 2014

Options Exchanges Prepare For Worst Cases; “Algos Gone Wild”

NEW YORK (Reuters) – A year after Goldman Sachs <gs.n> bungled a software upgrade and lost tens of millions of dollars from unintended trades, the 12 U.S. stock options exchanges have crafted new rules for dealing with erroneous transactions, according to draft documents seen by Reuters. Under the proposed rules, unintended trades placed by professional […] Read More

29 August, 2014

Broker Dealer News: African Bank Down Fall

marketmuse.com blog post courtesy of extract from moneyweb.com and Robert Brand and Mike Cohen of Bloomberg   South African companies’ borrowing costs risk increasing after African Bank Investments Ltd.’s failure exposed flaws in the continent’s biggest corporate bond market that prevented investors from selling the lender’s debt. Read More

28 August, 2014

Macro Musing: Brother, Can You Spare A Dollar? $DXY…

Below courtesy of extract from a.m. edition of Rareview Macro’s “Sight Beyond Sight”…   MarketsMuse Editor note: notwithstanding the ‘caveat’ immediately below re: focus on FX, for those who are chewing on Apple ($APPL), MarketsMuse editorial team recommends a full read of below An astute friend and mentor once said: “Deciphering the tea leaves of macro […] Read More

20 August, 2014

What’s Next? ETF for Wall Street Women

MarketsMuse post courtesy of extract from Investors Business Daily..Editors clipped original headline: “Wall Street Women Touch Each Other: BrokerDealer ETF Gals Form “WE” “When you put 40 smart and gorgeous women together, great things will just happen,” said Linda Zhang, senior portfolio manager at Windhaven Investment Management in Boston. Earlier this year, Zhang helped to […] Read More

20 August, 2014

Junk Bond Outflows VWEHX: Garbage To Some; A Gem…

As Junk Bond ETF outflows accelerated in the past 6 weeks, MarketsMuse editor team has been intrigued by two most recent articles profiling where and whether it makes sense (and hence dollars) for high-yield bonds (and respective ETFs) within a portfolio. Per articles today from RIA Larry Swedroe via ETF.com and front page of WSJ […] Read More

18 August, 2014

Macro-Strategist Speaks Out Re Summer Sleepiness?: A Rareview with…

Below extract courtesy of this a.m. edition of Rareview Macro LLC’s daily publication “Sight Beyond Sight” Editor Note: Performance Speaks Louder Than Words, and the SBS model portfolio as of Aug 15 is a noteworthy +3.72% YTD (and 0.33% WTD) when compared to the universe of macro strategists who, according to news media, have been […] Read More

18 August, 2014

ETF Industry’s Spiderwoman Spins New Web To Advance Bitcoin…

marketmuse.com blog post courtesy of extract from bloomberg.com and Christopher Condon Tyler and Cameron Winklevoss are fighting for approval from regulators for their proposed bitcoin exchange-traded fund. They stand a chance because Spiderwoman is on the case. So nicknamed for her work on State Street Corp.’s “Spider,” the first ETF when it came to market in […] Read More

15 August, 2014

China To Add ETF Options to Menu of Shanghai…

Below extract courtesy of Futures & Options World Aug 11 article by William Mitting    ETF options could be launched in China as soon as this month as the country gears up for the full launch of options trading, a leading lawyer has said. China is undergoing a widespread reform of its financial markets as […] Read More

12 August, 2014

Technology Company Seeks to Shake Up the Way Corporate…

Below extract courtesy of Wall Street Journal, as reported by Katy Burne  Institutional equities-trading platform Liquidnet is preparing to launch a credit-trading network in the fall, following regulatory approval last week of its acquisition of high-yield bond platform Vega-Chi. The initiative is the latest example of a technology company seeking to shake up the way corporate bonds trade, amid a […] Read More

11 August, 2014

Broker-Neutral Trading Technology Firm Offers New Suite of Sweet…

Below extract courtesy of Wall Street Letter, as reported by WSL staff columnist Sean Creamer OMEX Systems, a provider of web-based, broker-neutral and FIX-compliant front, middle, and back office platforms for broker-dealers and buyside firms, will craft a direct market access offering to aid broker-dealers in choosing algo providers, according to John Houlahan, chief operations […] Read More

6 August, 2014

Agency BrokerDealer Enhances Offering for ETF Multi-Basket Trading

Below courtesy of Aug 6 edition of Wall Street Letter, article written by staff reporter Sean Creamer  WallachBeth to enhance multi-basket trading   WallachBeth Capital, a New York City-based agency brokerage, will enhance its existing portfolio and multi-basket trading in exchange-traded funds and other equities to make greater use of OMEX Systems, according to executive […] Read More

6 August, 2014

International ETF Launches Lead Growth of Exchange-Traded Funds; A…

Below courtesy of extract from today’s ETF.com and their reporter Heather Bell. Year-to-date through the end of July saw 118 fund launches versus 86 during the same time period last year. However, what’s notable about the increase in launches is the fact that it is driven almost entirely by international equity ETF. In the first […] Read More

6 August, 2014

Chit Chat: BD’s Put Cross-Hairs on Bloomberg IM; Perhaps…

Below courtesy of BrokerDealer.com blog post As an instant update to the July 31 BrokerDealer.com profiling Blabber, the instant chat and messaging application created by Goldman Sachs as a possible industry replacement for the ubiquitous Bloomberg LP IM/chat service, we thank Silicon Valley Business Journal contributor Jason McCormick for his coverage below. Perzo Inc., an […] Read More

4 August, 2014

ETFs with a Feminine Flair; $WIL She or Won’t…

MarketsMuse Editor Note: We so greatly enjoyed today’s WSJ column from Daisey Maxey, we felt compelled to provide extracts below (The entire column can be found by clicking on logo to your left) Catalyst Inc., a nonprofit focused on increasing opportunities for women in business, issued a report that shows that from 2004 to 2008, […] Read More

4 August, 2014

The Bears Are Coming! The Bears Are Coming! The…

Below courtesy of excerpt from Mark Hulbert’s column in the WSJ Weekend Journal (Aug2-Aug3) Over the past 45 years, the stock market has lost more than 20% each time three warning signs flashed simultaneously. After a selloff this past week dragged the Dow Jones Industrial Average into negative territory for the year, it’s worth noting […] Read More

4 August, 2014

Creating Your White Label ETF: Mark Your Calender Sept…

Courtesy of ETFtrends.com and reporter Max Chen Asset managers who want to dabble in the exchange traded fund space do not have to go it alone. Some of the most innovative ideas have been launched based on ETF service providers partnering with forward thinking managers. Those who are thinking about putting their own strategy to […] Read More

30 July, 2014

Trade Execution 101: High-Touch is NOT Out-of-Touch-Those Who Disagree…

Below courtesy of excerpt from front page article by Dan Strumpf “Markets Keeping Faith in Humanity” in July 29 WSJ Money & Investing section. “After years of ceding ground to trading via computer programs, buying and selling stock the old-fashioned way—over the phone or its modern equivalent of instant messaging—is holding its own… “…Last year, […] Read More

29 July, 2014