Boutique ETF & Options Broker Demonstrates Flawless Execution

Short post-a picture with sound tells a thousand words… Read More

7 November, 2012

CFTC Proposes to Break Up Derivatives Market Trades; ’15-Second…

  Courtesy of WSJ Reporter Scott Patterson WASHINGTON—Swaps trading is one the last bastions of Wall Street where brokers arrange deals over the phone. That clubby way of doing business could go the way of the rest of Wall Street, where trading takes place on computers, under a roughly 500-page draft set of rules designed […] Read More

26 October, 2012

What’s Next for ETF trading?: NASDAQ’s “iNAV pegged order…

The Nasdaq stock market submitted paperwork to regulators proposing fuller use of intraday net asset values (iNAV) in the pricing of equity ETFs, arguing that the integration of such a real-time pricing mechanism will limit the poor trade executions that dog the world of exchange-traded funds. While ETF traders and market makers would still be […] Read More

26 October, 2012

A Silver Bullet: Corporate Bond ETFs Dressed Up to…

By Jason Kephart   BlackRock Inc.’s exchange-traded fund arm, iShares, plans to launch a series of corporate bond ETFs that look and act like individual bonds. The proposed series of iShares Corporate Bond Funds will be a set of target-date ETFs, each holding a basket of investment-grade bonds set to expire in their given year. […] Read More

25 October, 2012

Debunking The Myth re: ETF Spreads

A daily double courtesy of IU’s Dave Nadig ETFs can be more efficient than the stocks they track, even in surprising places. At almost every conference and ETFs 101 webinar we do, you’ll hear us saying again and again that spreads matter. In fact, getting investors to understand the importance of spreads, depth of book, […] Read More

25 October, 2012

Errors Abound When It Comes to ETF Tracking Errors

Courtesy of Dave Nadig Here’s how I know the ETF Revolution has long since passed, and what we’re living in now is the new ETF normal: The questions from advisors are getting a lot smarter. I used to get emails about how creation and redemption worked. Now I get questions about tracking error. Unfortunately, most […] Read More

25 October, 2012

ETFs that “Tilt” for Institutional Investors

  Courtesy of Rosalyn Retkwa Most ETFs are still designed to track an index passively at a low cost. But the market can support only so many ETFs that simply copy an index, and with actively managed ETFs still problematic, there is a growing category in between: ETFs that use “factor-based strategies” to reweight indexes […] Read More

24 October, 2012

Axing the Taxes Using ETFs

By Ryan Issakainen Ryan Issakainen is an exchange-traded fund strategist for ETF provider First Trust. WHEATON, Ill. (MarketWatch) — One of the biggest attractions of exchange-traded funds is that they are often considerably more tax-efficient than mutual funds. Many ETFs regularly take steps to avoid the annual capital gains distributions that can disrupt the tax […] Read More

24 October, 2012

Tradeweb to Launch European ETF “Trading Hub” with “RFP”…

Courtesy of IndexUniverse.eu Rebecca Hampson The electronic trading platform for exchange-traded funds launched at the end of last month by electronic market place provider, Tradeweb, has been backed by ETF issuer, Source who says that it will create a central hub of liquidity in Europe, which the market currently lacks. Michael-John Lytle, managing director at […] Read More

19 October, 2012

Europe Dividend ETFs Offer Big Yields

Courtesy of  Daniela Pylypczak Amidst the seemingly never-ending eurozone drama, there have been some surprising bright spots in the space: Europe Dividend ETFs. These products have managed to maintain their footing, while at the same time provide investors with relatively handsome dividend yields. Currently, there are only two funds whose sole objective is to target […] Read More

12 October, 2012

Vanguard’s CIO Gus Sauter: Agency Execution is our Preference

  Courtesy of  Gregory Bresiger.. Excerpts from Part 3 of a series of interviews with Vanguard Chief Investment Officer Gus Sauter How does Vanguard Funds,’ famous for Fred Mertz like trading economy, go about finding the lowest possible costs? The process is detailed in Part Three of Traders Magazine’s Q&A with Vanguard chief investment officer Gus […] Read More

10 October, 2012

IndexIQ Launches QMN: Latest in Innovative Family of Absolute…

IndexIQ, a leading developer of liquid index-based alternative investment solutions, is launching the newest addition to its Exchange-Traded Fund family, the IQ Hedge Market Neutral Tracker ETF (QMN), on October 4, 2012, it was announced today. QMN is designed to offer investors liquid, transparent Market Neutral hedge fund exposure. QMN will seek to track, before […] Read More

4 October, 2012

Vanguard Drops MSCI..

Widely reported..and excuse our delayed tape i.e. dissemination. Excerpt courtesy of IndexUniverse Vanguard, the world’s biggest mutual fund company, has decided to segue away from some MSCI indexes over the next several months in favor of benchmarks created by FTSE. The move was motivated in part by lower index licensing costs and will involve its […] Read More

3 October, 2012

ETFs That Mature Like Bonds : Guggenheim Gets It

  Courtesy of WSJ Reporter Daisy Maxey While growth hasn’t been explosive, one family of defined-maturity ETFs, offered by Guggenheim Investments, a unit of Guggenheim Partners LLC, has grown to $1.6 billion since the first funds were launched about two years ago. And a defined-maturity municipal-bond fund group at BlackRock Inc.’s iShares unit has attracted […] Read More

3 October, 2012

The “ETF bid” and Feedback Loops: Corporate Bond ETFs

Courtesy of Brendan Conway They’re calling it the “ETF bid” — the idea that corporate bond prices get juiced when passively managed funds have to buy them. It’s known to happen in thinly traded stocks in some instances. So it shouldn’t come as a surprise that thinly traded, idiosyncratic markets like high-yield bonds are seeing […] Read More

1 October, 2012

WSJ Weekend: Managing ETF Costs-Focus on Fees & Order…

Courtesy of Jason Zweig / WSJ Columnist On Sept. 21, Charles Schwab, SCHW -0.74%the discount broker, cranked up its publicity machine to announce it is cutting expenses on its 15 exchange-traded funds, or ETFs, by an average of 50%, to as low as 0.04%. Invest $10,000 and you can pay as little as $4 a year. […] Read More

29 September, 2012

Gambling ETF (BJK) Jumped On NFL Ref News-Benzinga

Courtesy of Benzinga.com ETF Professor It might just be a coincidence, but one ETF benefited this week from the maelstrom over the NFL’s replacement referees and subsequent return to work by the league’s regular officials. That fund is the Market Vectors Gaming ETF (BJK: 34.01, -0.10, -0.29%). To say the replacement officials affected football wagers […] Read More

29 September, 2012

Why Actively Managed Mutual Funds Are Investing in ETFs

   Courtesy of Stan Luxenberg   09/28/12 – 10:23 AM EDT NEW YORK (TheStreet) — Actively managed mutual funds traditionally earned their fees by picking the most attractive stocks and bonds. But these days more portfolio managers are investing in ETFs. According to Morningstar, hundreds of mutual funds have taken the plunge. More than 130 […] Read More

28 September, 2012