Where’s a better place than Amsterdam for an International ETF conference in the month of May? Our global concierge says, “No place compares to Amsterdam, for a variety of reasons!” Which is exactly why IndexUniverse, the largest ETF conference producer, is once again hosting its “Annual InsideETFsEurope” for the third year in one of the […] Read More
As reported by FT.com, retail investors in the UK are rapidly wrapping their arms around ETF products, and platform providers are ramping up their offerings to facilitate the burgeoning growth in what is already a ubiquitous product in the US. According to the FT.com story, David Bower, head of iShares UK, said the ETF […] Read More
As reported by Reuters, U.S. securities regulators have widened their inquiry into the trillion-dollar market for exchange-traded funds, according to a person familiar with the matter. Prompted by a delay in a big trade at a popular ETF, the U.S. Securities and Exchange Commission is taking a closer look at a possible connection between high-frequency […] Read More
According to technology and trading firm ConvergEx Group, during the first 6 weeks of 2012, more than $8 billion has flowed in to U.S. Equity ETFs, while nearly $8 billion has “flown out” of U.S. equity mutual funds. “Some of the commentary surrounding these products has made them sound like the hoof beats which precede […] Read More
Despite cutting his GLD holdings at the end of 2011, Billionaire John Paulson is, according to a letter to investors obtained by Bloomberg LP, bullish on bullion, and adding to his 17 million+ share position in the yellow metal ETF. Similar stellar hedge fund managers, who have been trading the trend and more recently cashed […] Read More
A joint partnership between Normua Holdings and inter-dealer broker Tradition PLC formalized the launch of the ETF industry’s first electronic exchange platform. Based in London and designed for the European theatre, where ETF transparency is often problematic, “Navesis-ETF” is intended to provide “qualified customers” the ability to trade ETFs in real-time, and enable investors to […] Read More
In the category of “He who speaks with forked tongue…” Index Icon and Vanguard Group founder John Bogle once again threw a curve ball while speaking at today’s Bloomberg Portfolio Manager Mash-Up. Stating “ETFs are the greatest trading innovation of the 21st century,” what the Midas of Mutual Funds added with a big (*) was […] Read More
[slideshow] For those raising their hands high and asking for more high yield bond ETFs, iShares is serving up two more corporate bond ETFs that “will cover a spectrum of credit quality ranging from low-investment-grade to junk bonds.” Both of the new funds will own corporates issued in US dollars, euros, British pounds and Canadian […] Read More
Cantor Fitzgerald, the “broker’s broker” that literally rose from the ashes of 9/11 to rebuild its business trafficking in multiple product types, including ETFs and options, and positions itself as an “agency-only” aka “conflict-free” broker, today announced the second phase of its plan to expand into the [often-conflicted] territory of hedge-fund seeding. As reported by […] Read More
First Trust, the issuer of the first cloud computing ETF (SKYY) announced today they’ll be coming to market with a basket full of fun in their AlphaDEX Fund series. Up to the plate for trading on Wednesday is a first string list of products: First Trust Canada AlphaDEX (NYSEArca : FCAN), First Trust Germany AlphaDEX […] Read More
If you’re visiting your favorite broker (the one that’s got a real Wall Street address), Andaz is the place to see and be seen. Great menu with broad selections, great surroundings, and a comfortable place to crash if the market….well, you know what the next word is. Located at 75 Wall Street. Click on the […] Read More
As observed by Forbes contributor Janet Brown, it seems the race to zero is becoming rampant in the brokerage community when promoting “commission-free trading for ETFs.” A closer look at the story tells us that discount broker talk is even cheaper than the commissions, and RIAs (and others) should read the fine print imbedded in […] Read More
A snarly spike in iPath’s VXX is causing some to scratch heads..is it a sign of things to come (change in recent weather of sunny and warm)? Or, was the volume surge a symptom of traders sensing that one customer was liquidated by their clearing agent? Read the full story courtesy of ETF Daily News Read More
Barron’s debuts Brendan Conway’s new column “Focus on Funds” with a pithy observation courtesy of veteran ETF trader and former UVa basketball titan Willy Dersch. See the blog roll here: Read More
Hands above your head and clap ’em together for Chris Hempstead, head of ETF trading at WallachBeth Capital..Hempstead recently took a dive (in frigid water), to help raise $100k for ALS…See the full coverage courtesy of TRADERS Magazine Read More