Deutsche Börse has just annouced that has launched the Xetra Quote Request which allows for an optimised on-exchange execution of large-sized ETF and ETP orders. It enables users to send quote requests to all registered Designated Sponsors of a selected ETF or ETP and to enter orders for execution against both resting orders and updated…
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The Canadian Securities Administrators (CSA) published final amendments that require fund managers to use a standardized CSA mutual fund risk classification methodology to determine the investment risk level of conventional mutual funds and exchange-traded mutual funds (ETFs) (collectively referred to as “mutual funds”) in the Fund Facts and ETF Facts, respectively. Currently, fund managers must…
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STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced that the EURO STOXX 50 Futures Roll Index has been licensed to Horizons ETFs Management (Canada) Inc. to serve as the underlying index for an exchange-traded fund (ETF) in Canada. The ETF is…
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Bats Global Markets, Inc. (Bats: BATS) has reported October data and highlights, including a new record month for U.S. options trading at 11.8% and strong single-leg equity options market share at 18.2%. During the month, Bats has also announced the successful migration of BZX Options to Bats’ next generation matching engine. Both Bats’ options markets…
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Bats Global Markets, Inc. (Bats: BATS) has welcomed a new fund from Legg Mason to the Bats ETF Marketplace. It is the 110th fund to be listed on Bats. The Legg Mason Emerging Markets Low Volatility High Dividend ETF (Bats: LVHE) seeks to track the investment results of the QS Emerging Markets Low Volatility High Dividend…
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Deutsche Börse has announced that two new ETFs issued by Commerz Funds Solutions S.A., a Commerzbank Group management company, have been tradable on Xetra and Börse Frankfurt since Monday. ETF name: ComStage 1 SDAX UCITS ETF Asset class: equity index ETF ISIN: DE000ETF9058 Total expense ratio: 0.7 percent Distribution policy: distributing The ComStage 1 SDAX UCITS…
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ETFs represent 80% of net new assets in the fast growing advisor channel Registered investment advisors (RIAs) and independent broker dealers (IBDs) have gathered the majority of retail fund and ETF assets in the first three quarters of 2016, according to data released today by Broadridge Financial Solutions, Inc. (NYSE:BR) via its Fund Distribution Intelligence.…
Read moreThe global network of independent technology consulting and software services firms, DataArt, has announced that Deutsche Börse Group, one of the largest exchange organisations worldwide, has joined a growing list of clients in its rapidly expanding Finance Practice. DataArt has partnered with Deutsche Börse to create an interactive eLearning program on Exchange Traded Funds (ETFs). The program targets…
Read moreThe Taiwan Stock Exchange (TWSE) and the Korea Exchange (KRX) have announced the cross listing of ETFs tracking the benchmark indices of both markets. The move further expands the growing links and cooperation between the two bourses. Both ETFs will be the first index-based products to track Korean and Taiwanese securities in each market. In Taiwan,…
Read moreA new iShares equity index ETF from BlackRock's product offering has been tradable on Xetra and Börse Frankfurt since Thursday. Name: iShares Core FTSE 100 UCITS ETF (Dist) Asset class: equity index ETF ISIN: IE0005042456 Total expense ratio: 0.07% Distribution policy: distributing Benchmark: FTSE 100 Index The iShares Core FTSE 100 UCITS ETF (Dist) gives…
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