Buy-Side Traders Making Peace With Computers; Re-Embracing High-Touch.

Solid  WSJ article courtesy of reporter Telis Demos (Jan 27 WSJ).. MarketsMuse has taken liberty and extracted most interesting observations.. “…. In recent years, a computer typically would have swiftly matched such an order with a buyer, sidestepping trading floors altogether…..But more recent soft trading volume has left many traders unable to move stock as […] Read More

29 January, 2013

Credit Suisse Lists Covered-Call Gold ETN; $GLDI w Exposure…

Courtesy of Cinthia Murphy and Olly Ludwig Credit Suisse on Tuesday launched its Credit Suisse Gold Shares Covered Call ETN (NasdaqGM: GLDI), a strategy that provides long exposure to physical gold coupled with an overlay of call options. The ETN, comes with an annual expense ratio of 0.65 percent, will have notional exposure to the […] Read More

29 January, 2013

CBOE Looks to Broaden Appeal of VIX Products

Courtesy of Peter Chapman, Traders Magazine CBOE Holdings, buoyed by the phenomenal success of options and futures contracts based on its Volatility Index, is ratcheting up its efforts to broaden their appeal. “The volatility business is only eight years old, but we see terrific growth,” Ed Tilly, CBOE’s president and chief operating officer, told a […] Read More

28 January, 2013

New Kid on the Trading Block Promises Sell Side…

Courtesy of  MarketsMedia A new trading venue, which is set to launch across Europe at the end of the first quarter, claims it will revolutionize how sell-side firms can execute block trades. Called Squawker, the new London-based negotiation venue aims to allow sell-side firms to execute block trades anonymously using social-networking technology by helping firms […] Read More

27 January, 2013

BlackRock Chief Says Investors Using ETFs to Buy Stocks

Courtesy of Tom Lydon Exchange traded funds are one of the most popular vehicles that investors are using to buy stocks. Passive funds tracking U.S. stocks are gaining popularity as equity markets are on the mend, according to BlackRock’s chief executive. “What we are seeing, and the industry overall, are still a majority of flows […] Read More

22 January, 2013

A Gun-ETF? Don’t Shoot the Messenger..

Editor Note: MarketsMuse strongly advocates President Obama’s recently-proposed gun control legislation. The following article is consistent with our focus to remain fair and unbalanced while re-distributing relevant, 3rd party news stories impacting the ETF and options marketplaces. They say that there is an exchange traded fund for just about every investment strategy out there. So […] Read More

18 January, 2013

Courtesy of MarketsMedia.com Just 18 months after it shut down its nascent Twitter-based hedge fund, Derwent Capital Markets is back with its new offering—with the launch of what it says is the first social media-influenced trading platform. The new spread-betting platform, called DCM Dealer, which went live from this week, includes a feature that calculates […] Read More

16 January, 2013

ETFtrends: Are High-Yield Bond ETFs Overvalued After Big Run?

Courtesy of John Spence Junk bond ETFs have enjoyed four solid years of returns while investors’ hunger for income-producing assets has pushed the sector’s yields down near record-low levels. As 2013 gets underway, some investors are again wondering if high-yield corporate debt is overvalued after such a strong run. The only problem is that investors […] Read More

15 January, 2013

Options Market Poised For Pick-Up; Institutional Managers Re-Focus Risk…

The Outlook for 2013 Uncertainty around the elections, low volatility and anemic volumes in the equity markets drove the first year-over-year decline in options trading volume since 2002. But bright spots such as weekly and mini options portend a stronger 2013. Despite the options market doldrums in 2012, TABB Group believes the volume retreat is […] Read More

10 January, 2013

BlackRock To Buy Credit Suisse European ETF Business

(Reuters) – BlackRock Inc has won the bidding for Credit Suisse Group AG’s European exchange-traded fund business, according to a source familiar with the situation. The deal is expected to be announced shortly, said the source, who declined to be identified because the deal is not yet public. The value of the deal could not […] Read More

9 January, 2013

China Approves Government Bond ETF to Grow Debt Market

Courtesy of Bloomberg LP China approved the introduction of its first exchange-traded fund of government bonds as policy makers seek to expand the nation’s debt market. Guotai Asset Management Co.’s exchange-traded fund of Chinese sovereign debt will be listed on the Shanghai Stock Exchange and benchmarked against an index of five-year government bonds, according to […] Read More

9 January, 2013

ETF Trading Desk Head Says: “Risk is On…Today..”

Courtesy of the ETF Professor at Benzinga.com U.S. equities and other riskier assets are in rally mode in the first trading session of 2013 after lawmakers finally got around to agreeing on legislation that steered the U.S. away from the dreaded fiscal cliff. News that a deal was in the works ignited a rally on […] Read More

2 January, 2013

AdvisorShares Peritus High Yield ETF ($HYLD) Lists Options On…

AdvisorShares, a leading sponsor of 17 actively managed exchange-traded funds (ETFs), announced today that the AdvisorShares Peritus High Yield ETF (NYSE Arca: HYLD), the first high yield actively-managed ETF has met listing requirements of the Chicago Board Options Exchange® (CBOE®) and that HYLD options are now listed for trading on the CBOE. Read More

31 December, 2012

Actively-Managed ETFs Poised to Proliferate in 2013 (?)

Courtesy of WSJ Dec 28 Weekend Edition and reporter Joe Light The world of ETFs is about to get pumped up. A long-heralded blossoming of actively managed exchange-traded funds is one step closer, now that the Securities and Exchange Commission earlier this month removed a hurdle that discouraged money managers from releasing such products. For […] Read More

31 December, 2012

ETFs for IPOs; First Trust’s FPX Scores Big Gains…

Courtesy of WSJ’s Chris Dieterich The sprawling reach of exchange-traded funds has so far left initial public offerings virtually untouched, but the performance of the sole fund to focus on new stocks has proven worthy of investors’ attention – and could well encourage imitators. The pioneering fund, First Trust US IPO Index ETF, tracks an […] Read More

31 December, 2012

ICE-NYSE Deal: Derivatives Exchange CEO Gets Icey Response From…

Within the first several days since the  December 20 proposed merger announcement between NYSE Euronext and IntercontinentalExchange  (ICE), there has been no shortage of public responses, comments and of course, a lawsuit opposing the deal (filed last Friday by the New Jersey Carpenters Pension Fund). For those following this deal, today’s WSJ column by Jason […] Read More

26 December, 2012

Copper ETF Approved Over Hedge Fund’s Objections | FINalternatives

Commodities hedge fund RK Capital Management has lost its bid to stop a copper exchange-traded fund that it warned could “wreak havoc on the U.S. and global economy.” The Securities and Exchange Commission last week approved a rule change at NYSE Arca that will allow the launch of a physical copper ETF. That fund will […] Read More

18 December, 2012

ETF New Rules: SEC Says Derivatives for Actively-Managed ETFs…

Courtesy of Daniela Pylypczak     Back in March of 2010, the SEC began a review of the use of derivatives by ETFs, specifically actively-managed and leveraged funds. Norm Champ, Director of the SEC’s Division of Investment Management, stated that “The use and complexity of derivatives have grown significantly over the past two decades and […] Read More

15 December, 2012