Americas ETP News
If your looking for specific news, using the search function will narrow down the results
Congress presses China on currency
October 2, 2011--The US Congress is renewing a push to penalise China over its currency, potentially forcing the White House to choose between angering its Democratic base and upsetting its delicately balanced relations with Beijing.
The Senate is expected to vote on anti-China trade legislation on Monday, with the bill likely to pass with overwhelming bipartisan support, before being sent to the House of Representatives.
read more
Source: FT.com
Lazard Capital Likes Dow-S&P Index Deal
September 30, 2011--Lazard Capital Markets analyst William Bird is giving the thumbs up to a possible combination of the Dow Jones Industrial Average and the S&P 500 into a new joint venture. The stock market doesn’t seem as high on the idea.
Deal Journal collagues Gina Chon and Preeta Das first brought you news about talks between CME Group and McGraw-Hill to combine their indexes businesses, which include the DJIA and the S&P 500. (News Corp., publisher of The Wall Street Journal, owns a minority stake in CME’s Dow Jones indexes.)
“Indications of a potential index JV with CME are supportive of our thesis that MHP has multiple ways to drive value with its own propeller,” Bird writes in a research note this morning. For McGraw-Hill, which has been pressured by activist investors to break apart, the possible index joint venture could add $2 a share or more to the company’s stock price, Bird believes. His stock price target is $52.
read more
Source: Wall Street Journal
Deal Would Unite S&P With DJIA
Owners of Standard & Poor's 500 and Average of Blue Chips Consider Alliance; Bigger and Stronger
September 30, 2011--McGraw-Hill Cos. is in advanced talks with CME Group Inc. to combine stock-market icons such as the Dow Jones Industrial Average and S&P 500 into a joint venture that would give the firms more sway over investors and exchanges around the world, according to people familiar with the situation.
Talks to form a joint venture between McGraw-Hill's S&P Indices business and CME's Dow Jones Indexes unit began more than a year ago and could still fall apart, these people cautioned. If a deal goes through, the combined indexes business venture would be managed by McGraw-Hill, and the New York company
read more
Source: Wall Street Journal
Opening Statement, Second Meeting of the Data Standardization Subcommittee Commissioner Scott O’Malia, TAC Chair
September 30, 2011--Good afternoon and welcome to the second meeting of the Data Standardization Subcommittee of the CFTC’s Technology Advisory Committee. I thank you for your continued commitment to serving on the Subcommittee.
I greatly appreciate the extra hours each of you has logged on these issues outside of our meetings here. Your knowledge and experience are invaluable to this effort to bridge the gaps between data, finance and the law, which effort has become increasingly important as the Commission rushes to define and implement the mandates under the Dodd Frank Act.
Today, each of the four Subcommittee working groups will present their interim findings on universal product and legal entity identifiers, standardization of machine-readable legal contracts, semantics, and data storage and retrieval.
read more Rydex files with the SEC- CurrencyShares® Singapore Dollar Trust Rydex files with the SEC-CurrencyShares® South African Rand Trust Rydex files with the SEC RiverPark Advisors files with the SEC CFTC.gov Commitments of Traders Reports Update New York Fed releases tentative outright Tr
Source: CFTC.gov
September 30, 2011--Rydex has filed an Amendment no.1 to Form S-1 with the SEC for the CurrencyShares® Singapore Dollar Trust.
view filing
Source: SEC.gov
September 30, 2011-Rydex has filed an Amendment no.1 to Form S-1 with the SEC for the CurrencyShares® South African Rand Trust.
view filing
Source: SEC.gov
September 30, 2011--Rydex has filed an Amendment no.1 to Form S-1 with the SEC for the CurrencyShares® Russian Ruble Trust.
view filing
Source: SEC.gov
September 30, 2011--RiverPark Advisors, LLC has filed a fifth amended and restated application for exemptive relief with the SEC for actively-managed ETFs.
view filing
Source: SEC.gov
September 30, 2011--The current reports for the week of September 27, 2011 are now available.
view updates
Source: CFTC.gov
September 30, 2011--Tentative Outright Treasury Operation Schedule
cross all operations in the schedule listed, the Desk plans to purchase approximately $44 billion and sell approximately $44 billion in Treasury securities over the month of October.
view current schedule
Source: New York Fed
