Credit Suisse Suspends Issuance of Vola ETNs
(NEW YORK CITY) Due to internal company limits on the number of exchange traded notes it can have circulating in securities market, Credit Suisse said Wednesday it has temporarily suspended issuance of the high volatility product VelocityShares Daily 2x VIX Short-Term ETNs. According to one expert on exchange-traded funds, Morningstar analyst Timothy Strauts, the decision
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Google Provides Real-Time European Quotes
(LONDON) The London Stock Exchange Group said last week it struck a deal with Google to provide real-time quotes for trades on the London Stock Exchange and Borsa Italiana, information that traders currently pay a premium for. LSE said the move would make data that was previously available to Google users on a 15-minute delay
DetailsPowerShares Launched Two New Beta Portfolios
(WHEATON) Invesco PowerShares was the first ETF sponsor to launch a product that sought to track a High Beta Index. The PowerShares S&P 500® High Beta Portfolio (SPHB) is the first beta-weighted ETF and seeks investment results that correspond to the price and yield of the S&P 500 High Beta Index. With the addition of
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U.S. Bancorp Partnered With Exchange Traded Concepts
(MILWAUKEE) U.S. Bancorp Fund Services (USBFS) today announced the launch of its first ETF multiple series trust (MST) and a partnership with Exchange Trade Concepts. This newest trust, called ETF Series Solutions (ESS), extends the benefits of a shared trust model to one of the industry’s fastest growing segments. AlphaClone, LLC and Zacks Investment Management
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Top 9 Most Disliked U.S. Companies
(NEW YORK CITY) Financial companies have been in bad odor since the onset of the 2008 crisis, and thus crowded the low rungs in Harris Interactive’s 13th annual reputation poll, which ranked consumers’ opinion of the reputation of the 60 most visible companies in the United States. Four of the five biggest losses of reputation
DetailsDow Jones Indexes Licensed New iShares ETFs
(NEW YORK CITY) Dow Jones Indexes today announced that iShares has licensed the Dow Jones Emerging Markets Select Dividend Index and the Dow Jones Asia/Pacific Select Dividend 30 Index to serve as the basis for two new iShares ETFs. Both ETFs 0150 the iShares Emerging Markets Dividend Index Fund and the iShares Asia/Pacific Dividend 30
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SEC Widens Probe of ETFs
(WASHINGTON / NEW YORK CITY) U.S. securities regulators have widened their inquiry into the trillion-dollar market for exchange-traded funds, according to a Reuters report. 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 traders and
DetailsUBS Launched Nine Bond Index ETFs on Xetra
(FRANKFURT) Since Thursday, nine new UBS Global Asset Management ETFs on US and German government bonds as well as on European corporate bonds have been tradable in Deutsche Börse’s XTF segment. The UBS ETFs on Barclays Capital US treasury bonds as well as on Markit iBoxx € Germany indices offer investors access to US and German
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Ping An Lauched Three ETFs And Plans Big Push
(HONG KONG) Ping An of China Asset Management on Wednesday listed three exchange-traded funds (ETFs) in Hong Kong that invest in the territory, Ignites Asia reports. The company is considering launching more ETFs this year and hopes to attract more institutional clients from China to its advisory business. The three new ETFs are the Ping
DetailsFirstTrust Launched Two More AlphaDEX ETFs
(WHEATON) First Trust has announced that they will begin trading two new ETFs. The new funds will offer broad exposure to emerging and developed markets outside the U.S., focusing specifically on small cap stocks in those segments: The first is called First Trust Emerging Markets Small Cap AlphaDEX Fund (NYSEArca:FEMS). The FEMS seeks investment results
DetailsControversal Fracking ETF Launched
(NEW YORK CITY) Van Eck Global, which recently announcing the launch of its newest Exchange Traded Fund: Market Vectors Unconventional Oil & Gas (NYSE Arca: FRAK). FRAK is intended to track, before fees and expenses, the performance of the Market Vectors Unconventional Oil & Gas Index, a rules-based index intended to track the overall performance of
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