Americas ETP News

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SEC Proposes Rules for Cross-Border Security-Based Swap Activities

May 1, 2013--The Securities and Exchange Commission today voted unanimously to propose rules and interpretive guidance for parties to cross-border security-based swap transactions.

The proposal explains which regulatory requirements apply when a transaction occurs partially within and partially outside the U.S. The proposed rules also set forth when security-based swap dealers, major security-based swap participants, and other entities — such as clearing agencies, execution facilities, and data repositories — must register with the SEC.

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Source: SEC.gov


Direxion Launches Two Leveraged Exchange-Traded Funds

New ETFs Offer 3x Leveraged Inverse Exposure to Brazil and South Korea
May 1, 2013--Direxion, a leader in alternative investment solutions, has launched two new leveraged inverse exchange-traded funds (ETFs), the Direxion Daily Brazil Bear 3x Shares (BRZS) and Direxion Daily South Korea Bear 3x Shares (KORZ).

The Direxion Daily Brazil Bear 3x Shares seeks daily investment results, before fees and expenses, of 300% of the inverse performance of the MSCI Brazil 25/50 Index. The MSCI Brazil 25/50 Index measures the equity market performance of mid- and large-cap Brazilian companies. Similarly, the Direxion Daily South Korea Bear 3x Shares seeks daily investment results, before fees and expenses, of 300% of the inverse performance of the MSCI Korea 25/50 Index. The MSCI Korea 25/50 Index measures the equity market performance of mid- and large-cap South Korean companies.

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Source: Direxion


Deutsche Bank-Synthetic Equity & Index Strategy-North America

US ETF Model Portfolios-Diversified Momentum Portfolio Update
May 1, 2013--Diversified Momentum Update as of April 30th, 2013
Solid month for our DMP. Strong results for Global sectors, Commodities, and Treasuries.

Market Performance

The US equity market (SPY) recorded another positive month in April. Similarly, the broad US Fixed Income market (BND) was up; while the Commodity market (DBC) plunged by 3.81% during the same period.

Model Portfolio Performance
Our Diversified Momentum Portfolio (DMP) advanced 1.71% in April. In the meantime, the equity market and our multi asset class benchmark were both up recording gains of 1.92% and 0.39%, respectively.

Portfolio Updates and New Membership
9 of the 20 DMP positions will change for May. In terms of portfolio weights, the asset class weights will suffer no changes. Currencies will continue to be the top allocation with 40%, followed by Global Sectors with 30%, Commodities with 20%, and Treasuries with 10%.

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Source: DB-Synthetic Equity & Index Strategy-North America


Vanguard reports April 2013 expense ratio changes

May 1, 2013--In April, expense ratios changed for multiple Vanguard mutual funds and ETFs available to institutional investors, as shown in the tables below. Thirty-four products had reductions in their expense ratios, and 5 had increases.

Expense ratios may fluctuate from year to year based on changes in the cost of managing the funds. For example, economies of scale resulting from an increase in a fund's total assets because of market appreciation or cash flow can help reduce its expense ratio, while a decline in assets can cause the expense ratio to rise.

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Source: Vanguard


Report to the Secretary of the Treasury

May 1, 2013--April 30, 2013
Dear Mr. Secretary:
The economy grew at a moderate pace in the first quarter: real GDP expanded at a 2.5% annual rate, as some of the temporary drags that held growth to a 0.4% pace the prior quarter faded.

The tone of the data late in the first quarter softened, quite likely due to the delayed effect of fiscal restraint enacted at the beginning of the year. That restraint is expected to present a significant headwind to growth in the second quarter, as the drag from sequestered federal spending is added to the drag from higher payroll and income taxes. While recent data point to a deceleration from the first quarter’s respectable growth rate, there are some supports to growth as well. The housing sector appears set to contribute to overall economic growth once again, and the recent decline in energy prices should provide some purchasing power relief to the household sector. Outside of commodity prices, financial conditions have been mixed but broadly remain supportive of continued economic expansion.

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Source: US Department of the Treasury


Exchange Traded Concepts Files for YieldShares High Income ETF (YYY)

May 1, 2013--Exchange Traded Concepts, LLC (ETC), in conjunction with YieldShares LLC (YieldShares), announces that Exchange Traded Concepts Trust (Trust) has filed a registration statement, including a preliminary prospectus, with the Securities and Exchange Commission for the YieldShares High Income ETF (YYY).

YYY will seek to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ISE High IncomeTM Index (High Income Index). The High Income Index seeks to measure the performance of the top 30 U.S. exchange-listed closed-end funds (CEFs), as selected and ranked according to factors designed to result in a portfolio that produces high current income.

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Source: Exchange Traded Concepts


"Kill switches" closer to becoming reality

May 1, 2013--Exchanges are almost ready to submit a proposal to the Securities and Exchange Commission that will create "kill switches" or "big red buttons" designed to prevent market disruptions.

These kill switches would track and limit the amount of trading conducted by market participants and would provide a cap on all trading for a given day. The kill switches would be free for all brokers.

Source: SmartBrief.com


CME Group Volume Averaged 11.6 Million Contracts per Day in April 2013, Up 8 Percent from April 2012

Metals volume up 62 percent, to record
Energy volume up 20 percent
Foreign exchange volume up 18 percent
Equities volume up 16 percent
May 1, 2013--CME Group, the world,s leading and most diverse derivatives marketplace, today announced that April 2013 volume averaged 11.6 million contracts per day, up 8 percent compared with April 2012. Total volume for April 2013 was more than 254 million contracts, of which 87 percent was traded electronically.

In April 2013, CME Group metals volume averaged a record 532,000 contracts per day, up 62 percent from April 2012, driven by monthly records across various products including copper. CME Group energy volume averaged 1.9 million contracts per day in April 2013, up 20 percent compared with the prior April. During the month, open interest in NYMEX Light Sweet Crude Oil (WTI) futures reached a record 1.77 million contracts and open interest for NYMEX Brent Crude Oil Futures surpassed 53,000. Furthermore, 458,000 energy contracts were cleared through CME ClearPort, up 16 percent from the prior April and up 5 percent sequentially.

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Source: CME Group


CFTC's Division of Swap Dealer and Intermediary Oversight Issues No-Action Letter Providing Time-Limited Relief for Swap Dealers in Connection with Prime Brokerage Arrangements

April 30, 2013--The Commodity Futures Trading Commission's (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) today issued a time-limited no-action letter that provides swap dealers with relief from certain External Business Conduct Standards

rules in the context of prime brokerage arrangements.

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Source: CFTC.gov


DB-Synthetic Equity & Index Strategy-North America

US ETF Model Portfolios-Country Rotation Portfolio Update
April 30, 2013--Long portfolios were in line with global equities; while Long/Short portfolios lagged in April.
Market Performance
The global equity markets posted strong returns for April, despite intra-month weakness. The MSCI AC World Index (ACWI) gained 2.84% during this period.

ETF Country Rotation Portfolio (CRP) Series Performance

Our long portfolios posted positive returns for April. The tercile, quartile, and quintile portfolios recorded gains of 2.79%, 2.3%, and 1.73%, respectively. On the long/short area, only our Tercile portfolio experienced positive returns (0.28%), while the quartile and quintile portfolios recorded losses of 0.52% and 2.14%, respectively. The main drags to the long/short portfolios came from the short positions in Greece and Italy.

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Source: Deutsche Bank - Synthetic Equity & Index Strategy - North America


SEC Filings


October 23, 2026 John Hancock Exchange-Traded Fund Trust files with the SEC-John Hancock International Dynamic Growth Select ETF
October 23, 2026 EA Series Trust files with the SEC-5 Intelligent ETFs
October 23, 2026 Arbitrage Funds files with the SEC-AltShares Merger Arbitrage ETF and AltShares Event-Driven ETF
October 23, 2026 Investment Managers Series Trust II files with the SEC-18 Tradr 2X Daily ETFs
October 23, 2026 Listed Funds Trust files with the SEC-Spear Alpha ETF

view SEC filings for the Past 7 Days


Europe ETF News


October 23, 2026 BIT Asset Management Receives FINMA Approval for Switzerland's First and Europe's Only Spot Bitcoin ETF
October 19, 2026 Greenland Mines Shares Begin Trading on Xetra in Germany
October 16, 2026 IMF-Regional Economic Outlook for Europe, October 2026
October 16, 2026 New ETF and ETP Listings on October 16, 2026, on Deutsche Boerse
October 15, 2026 New ETF and ETP Listings on October 15, 2026, on Deutsche Boerse

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Asia ETF News


October 23, 2026 HKEX Launches AI Index, Southern Asset Management Authorised to Launch ETF
October 20, 2026 Mirae Asset Global Investments Launches TIGER Global MLCC and Substrate ETF, Tracking the Solactive-KEDI Global MLCC and Semiconductor Substrate Index
October 16, 2026 Asia's Economic Resilience Amid Uncertainty: Can it be Sustained?
October 15, 2026 MSCI Launches a Consultation on a Proposal to Reclassify Indonesia from Emerging Market to Standalone Market Status
October 06, 2026 South Asia's Strong Growth Defies Global Headwinds

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Global ETP News


October 14, 2026 Solactive Strengthens International Leadership with Regional Heads for the Americas and APAC
October 12, 2026 IMF-World Economic Outlook-Resilience Under Strain, Urgent Choices October 2026
October 08, 2026 AI boom and trade resilience to Middle East crisis lift outlook, but gains to be uneven
October 06, 2026 Hedge Funds Improve Market Functioning, but Can Also Amplify Stress
October 02, 2026 Regional Economic Outlook-Western Hemisphere-Turning Tailwinds into Lasting Gains-October 2026

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Middle East ETP News


October 20, 2026 Saudi stocks plunge to lowest close since April 2021
October 19, 2026 Mideast Stocks: Gulf bourses subdued as regional worries weigh
October 09, 2026 3iQ Receives In-Principle Approval from Abu Dhabi's IFC
October 06, 2026 Middle East Conflict Further Weakens Regional Outlook, with Gulf Oil Exporters Hit Hardest
October 05, 2026 Saudi Arabia's non-oil economy improves, but Iran war continues to weigh on growth

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Africa ETF News


September 29, 2026 South African rand extends losses before local economic releases
September 29, 2026 FNBT40 -Listing of Additional FNB Top 40 ETF Securities
September 28, 2026 African markets news roundup
September 27, 2026 Africa's Mineral Strength Is Wasted If Countries Don't Work Together-New Report

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ESG and Of Interest News


October 13, 2026 Global Economic Resilience Is Under Strain, Demanding Decisive Policy Action
October 13, 2026 Global Financial Markets Face Rising Risks From AI, Bond Yields, and Cyberattacks
October 12, 2026 Global Financial Stability Report-Resilience, Risk, and Transformation
September 30, 2026 The Global Stock Market Boom, by Country (2011–2025)
September 30, 2026 World Bank-Prospects Group Global Monthly-September 2026

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White Papers


October 13, 2026 IMF Working Paper Fiscal-monetary Interactions: The Role of Debt Maturity
October 12, 2026 IMF Working Paper-Fear and Shortages: Identifying Geopolitical Risk and Supply Disruptions in Energy Markets
October 02, 2026 IMF Working Paper-International Stablecoin Flows, Capital Controls and Currency Crises
September 18, 2026 IMF Working Paper-Too Much Yet Not Enough: Housing Segmentation and Household Consumption in China
September 18, 2026 IMF Working Paper-How Digital Lending Shapes Bank Risk and Competition: Evidence from an Emerging Economy

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