January 26, 2017 BY Valentina Kirilova

Broadridge: The usage of ETFs and index funds hits all-time highs in 2016

Financial technology provider Broadridge Financial Solutions, Inc. (NYSE:BR) has just announced that the usage of passive investment products, ETFs and index funds, hits all-time highs in 2016, driven by third-party distribution channel sales from broker-dealers (B/D), registered investment advisors (RIAs) and banks. These channels represent almost $10.5 trillion in long-term funds and ETFs tracked by…

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Moscow Exchange MOEX
January 26, 2017 BY Valentina Kirilova

Moscow Exchange releases indices annual review 2016, reports gains in most key sectors

Moscow Exchange (MOEX) just announced its indices annual review for 2016. In 2016, the MICEX Index was up 26.76% to 2,232.72 (from 1,761.36 on 30 December 2015), while the dollar-denominated RTS Index rose 52.22% to 1,152.33 (from 757.04). The dollar depreciated 16.87% against the rouble. Volatility decreased, with the Russian Volatility Index falling 26.94% to…

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INTL FCStone Inc. volumes
January 26, 2017 BY Valentina Kirilova

INTL FCStone Financial issues record 2016 trading statistics, total OTC ADR value traded increased 29%

INTL FCStone Inc. (NASDAQ: INTL) announced its Broker-Dealer Division of its wholly owned subsidiary, INTL FCStone Financial Inc., 2016 trading statistics. INTL FCStone Financial disclosed that in 2016 it added 62% of all new American Depositary Receipts (ADRs) to the OTC Market. INTL FCStone Financial is a full-service market maker that provides institutional clients with…

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January 26, 2017 BY Valentina Kirilova

Bank of China to try digital currency system

The People’s Bank of China (PBOC) has completed a successful trial run of a digital bank acceptance exchange, moving it closer to becoming the first central bank in the world to research and test its own digital currency, according to media agency Caixin. Citing sources from the PBOC, Caixin claims the central bank on December15…

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January 26, 2017 BY Valentina Kirilova

Eurex elects Carola Gräfin von Schmettow as chairman

At its meeting on Wednesday, 25 January 2017, the Exchange Council of Eurex Deutschland elected a new chairman as well as the vice chairman for a period of three years. Carola Gräfin von Schmettow, chariman of the Management Board, HSBC Trinkaus & Burkhardt AG, was appointed as chair, Professor Dr. Lutz Johanning, WHU – Otto…

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January 26, 2017 BY Valentina Kirilova

Exchange Council of Frankfurt Stock Exchange elects new Chairman

The Exchange Council of the Frankfurt Stock Exchange was reconstituted today. The members of the Exchange Council unanimously elected Lars Hille, member of the Executive Board of DZ Bank, as the new Chairman. Matthias Zieschang, Executive Board member at Fraport AG, will remain as Deputy Chairman. Lars Hille replaces Lutz Raettig, who has been a…

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