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Dow Jones Indexes Adds Three Size-Segment Indexes To The Dow Jones LSP Position Sizing Index Family
Series to Include U.S. Large-, Mid- , and Small-Cap Indexes
Based on LSP Partners' Proprietary Investment Strategy
Inaugural Dow Jones LSP Position Sizing Equal Sector U.S. Large-Cap 50 Index Launched in January
May 17, 2012-Dow Jones Indexes, a leading global index provider, today announced the expansion of the Dow Jones LSP Position Sizing Index family to include three new size-segment indexes:
Dow Jones LSP Position SizingU.S.Large-Cap 250 Index
Dow Jones LSP Position SizingU.S.Mid-Cap 250 Index
Dow Jones LSP Position Sizing U.S.Small-Cap 250 Index
The Dow Jones LSP Position Sizing Indexes are quantitative-strategy gauges based on a proprietary quantitative algorithm created by the risk-management-research consulting firm LSP Partners LLC.
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Source: Dow Jones Indexes
NYSE Amex LLC to be renamed NYSE MKT LLC
NYSE Amex Options market will retain its current name
May 10, 2012--
NYSE Euronext (NYX) today announced that NYSE Amex LLC, the self regulatory
organization, will be renamed NYSE MKT LLC effective May 14, 2012, subject to
SEC filing.
NYSE MKT is the premier U.S. equities market for listing and
trading of small growth companies. NYSE MKT’s associated options market will
continue to do business under the name NYSE Amex Options.
“NYSE MKT is a fully integrated trading venue within the NYSE Euronext community and the new name reinforces that fact,” said Scott Cutler, EVP and Co-Head of U.S. Listings and Cash Execution at NYSE Euronext. “The venue is dedicated to growth-oriented companies in the U.S., and we continue to enhance the platform to best meet the needs of these clients.”
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Source: NYSE Euronext
Van Eck Launches Emerging Markets High Yield Bond ETF (HYEM)
Focuses Primarily on USD-denominated Emerging Markets Corporate High-Yield Bonds
May 9, 2012--Market Vectors ETF Trust announced today that it has launched its Emerging Markets High Yield Bond ETF (NYSE Arca: HYEM), the first exchange-traded fund (ETF) designed to focus solely on the U.S. dollar (USD)-denominated non-sovereign segment of the EM high-yield bond market- a segment that has grown 265 percent since 2003, according to data from Bank of America Merrill Lynch.
HYEM seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of The BofA Merrill Lynch High Yield US Emerging Markets Liquid Corporate Plus Index (EMHY), which is comprised of U.S. dollar-denominated bonds issued by non-sovereign emerging market issuers that are rated below investment grade. In order to qualify for inclusion in the Index, an issuer must have risk exposure to countries other than members of FX G10, defined as including Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, Switzerland, the United Kingdom and the United States, as well as all Western European countries and territories of the U.S. and Western European countries.
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Source: Van Eck
CFTC analysis nixes emergency trading curbs-sources
Analysis finds limited power to put curbs in place now
Curbs on commodities speculators due later this year
Lawmakers have pressed CFTC to act sooner over fuel prices
May 9, 2012--The U.S. futures regulator has concluded it cannot currently use its emergency authority to impose trading curbs on speculators in the oil markets, according to people familiar with a recent internal legal analysis.
The Commodity Futures Trading Commission conducted the study as it faces pressure in an election year from lawmakers to crack down as soon as possible on oil market speculation that they blame for driving up gasoline prices.
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Source: Reuters
CFTC.gov Financial Data for Futures Commission Merchants Update
May 9, 2012--Selected FCM financial data as of March 31, 2012 (from reports filed by May 1, 2012) is now available.
view updates
Source: CFTC.gov
"The Thing Is" Speech of Commissioner Bart Chilton before Americans for Financial Reform, Washington, DC
May 9, 2012-Introduction
Thank you for the introduction. I appreciate the opportunity to be with you today to discuss cost/benefit analysis (CBAs).
As we know, this has been the matter of lawsuits and countless meetings in the wake of the passage of the Wall Street Reform and Consumer Protection Act, otherwise known as Dodd-Frank. It is an important topic.
Load of Compromisin’
For me, most things that are resolved in this town result from an appropriate equilibrium. The truth or answer isn’t found on the outskirts of issues; they reside on the inside, in the medium. Most things I’ve worked upon or have seen worked upon seem to resolve themselves better when there is cooperation and compromise. That usually means some level of concession from all parties. When something is approved and everyone is grumbling a bit, that typically indicates it is legitimately worthy, in general. At least, that is what I’ve found.
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Source: CFTC.gov
NSX Introduces New Pricing Schedule and Market Data Revenue Sharing
May 9, 2012--Fee and Rebate Schedule
Updated as of May 9, 2012
The Schedule of Fees and Rebates (pursuant to Rule 16.1(a) and Rule 16.1(c)) for the National Stock Exchange, Inc. ("NSX"). Order matching computations are made on a monthly basis unless otherwise noted.
All references to “per share” mean “per share executed.”
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Source: NSX
MarketShares files with the SEC
May 9, 2012--MarketShares has filed a first and amended application for exemptive relief with the SEC.
view filing
Source: SEC.gov
ArrowShares Debuts Global Yield ET (GYLD)
May 8, 2012--In the latest example of a mutual fund company making the move to ETFs, ArrowFunds, the Maryland-based firm which currently has five mutual funds in its lineup, is now an ETF advisor as well.
The company launched its first fund, under the ArrowShares brand name, the Dow Jones Global Yield ETF (GYLD) looking to give investors a new way to play the high yield market from a global perspective.
GYLD In Focus
This global ETF looks to provide exposure to both traditional and alternative sources of yield around the globe by following the Dow Jones Global Composite Yield Index.
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Source: Zacks
BM&FBOVESPA announces winner of the bidding process for use of the new IBOVESPA ETF
May 8, 2012--Individuals and companies from all over the world can make credit card donations to rigorously selected and monitored projects listed on the BVSA portal
May 8, 2012--Caixa Economica Federal won the bidding process that BM&FBOVESPA held to license use of the BOVESPA Index for a new ETF based on IBOVESPA. The Exchange opened the proposals and announced the results of the process. Three institutions participated.
The Index Licensing Agreement shall be signed within the next 15 days. After the Securities and Exchange Commission of Brazil (CVM) and BM&FBOVESPA grant the due authorizations for the functioning and registration of a new ETF based on IBOVESPA, Caixa Econômica Federal will have 30 consecutive days to start trading the new ETF on the Exchange. The ETF based on the IBOVESPA reflects the performance of the 68 most traded stocks on BM&FBOVESPA.
ETFs are index funds traded on the Exchange like stocks and which replicate the composition of an index. An investor that buys a unit in an ETF is making a simultaneous investment in a share portfolio composed of companies in different sectors of the Brazilian economy, without having the buy the separate shares of the respective index.
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Source: BM&FBOVESPA
