Extra! Extra! XLC is the new ETF that ties telecom and media constituents into one exchange-traded fund! For those with a view towards latest and greatest ETF products, eyes and ears are on the Communications Services Select SPDR Fund (NYSEARCA: XLC) — "it tracks the Communication Services Select Sector Index and “seeks…Read More
Morgan Stanley Raises Its Hand and Appoints e-Trading Veteran to lead investment bank's scheme for the Electronification of Fixed Income Markets. Electronic bond trading has long been a holy grail for certain folks in and around Wall Street. On the one hand, reducing head count and mitigating dependence on high-paid sales…Read More
Tom Farley, the former top gun at the NYSE, has long advocated the benefits of raising capital via the construct of Special Purpose Acquisition Company aka "SPAC", aka "Blank Check company." Now he's become the CEO poster boy for SPACs with the formal IPO and NYSE listing of Fintech SPAC…Read More
Bloomberg's Betty Liu Moves to C-Suite Role at NYSE (Original story from Traders Magazine - June 6- by John D'Antona Jr.)--The women's movement continues at the U.S.’ NYSE, the oldest public stock exchange, announced that former Bloomberg "babe" Betty Liu, who is also founder of financial content firm Radiate, Inc.,…Read More
What's Next? CryptoCurrency Bank License; Crypto Cool Kids New Goal: Stay Inside Regulatory Goal Posts Coinbase Inc. and another cryptocurrency firm talked to U.S. regulators about the possibility of obtaining banking licenses, a move that would allow the startups to broaden the types of products they offer. Coinbase, which operates…Read More
Goldman Sachs, the venerable investment bank and trading house, has been called lots of things, including "Squid." But nobody on Wall Street can dispute the fact that $GS is uniquely innovative and perhaps, a firm that can smell the trail of money better than its peers and explains why Goldman is…Read More
An SEC subpoena is not exactly what any Issuer (or stock promoter) puts on the top of their birthday wish list. And, for crypto cool kids who are either already a member of the ICO Issuers Club, or who have applied to become part of the dapper dapp crowd that…Read More
MiFID II Implementation Triggers Flow of $50b into Europe ETF Market In First Weeks of 2018; ETF Sec Lending and ETF Options Growth Expected to Drive EU Financial Markets. "What we've seen for the first time in European ETF trading is really a concerted interest in trading ETF options in…Read More
(MarketsMuse fintech and blocktech curators extend our thanks to Prospectus.com LLC for the following contribution)-Bloomberg Intelligence reporter Jonathan Tyce wins the Valentine's Day Award for Very Good Framing courtesy of his latest piece "Blockchain is Coming Everywhere, Ready or Not" --one of a series of articles by Tyce that puts…Read More
(MarketsMuse blog post image courtesy of Institutional Investor)--Thanks to MiFID II, Sell-Side Research Analysts are not only unwanted, they will become increasingly underemployed in terms of compensation, or simply unemployed. This increasing view is bleak for investment bank research wonks, but provides for a career re-purposing on the part of…Read More
Corporate Bond Market Transparency 4.0 MarketsMuse fixed income fintech curators, who have been on the beat for better than 8 years, were keen to cover this week's inaugrual meeting of FIMSAC. e-Bond trading system founders, fixed income fund managers and fintech aficionados who have long lamented the limited degree of US…Read More
When it comes to corporate monikers, MarketsMuse fintech curators are big fans of catchy names and have made it a New Year's resolution to compile and share a weekly list of firms that earn special recognition within the burgeoning world of blockchain, bitcoin and crypto handles. And, the winner for…Read More
Former LTCM Guru Gives Up the Ghost; Converts From Convergence Trading to Passive Investing Armed with ETFs Proving that old traders never die, they simply re-invent themselves, yet another highly-seasoned hedge fund guru whose pedigree extends back to Salomon Brothers and thereafter, senior partner at the now infamous hedge fund…Read More
(Courtesy of BrokerDealer.com) Whilst most of the news media coverage of the travails of Harvey Weinstein have been dedicated to sordid details and otherwise extoling the newly-appointed (or interim) corporate chiefs, it leads one to wonder whether investigative journalism is losing cache…But, lo and behold, one Hollywood news journalist has…Read More
You're an emerging fund manager, an entrepreneur vying to create a real estate development platform or you're a fintech guru aiming to alter the current payment processing landscape with Ethereum that didn't get the memo titled "If you don't have properly-pared Investor Offering Documents that comply with securities regulator regimes,…Read More
Canada stock exchange regulators appear to be suffering from a pot-hangover, as exchange execs and regulators re-visit criteria for cannabis share listings. Its a high-flying industry for sure; 69 publicly-traded cannabis companies with aggregate market cap of USD $6.4bil have their shares listed on the Toronto Stock Exchange, the smaller…Read More
GOP-friendly ETF Set to List on BATS BZX; Exchange-Traded Fund with ticker MAGA Will Buy Companies Supportive of Republican Party Agenda We can't make this sh*t up..Just when MarketsMuse curators thought we'd seen and heard it all when it comes to new-fangled ETF products, along comes an exchange-traded fund construct…Read More
Taking a Unequivocal Stand is Easier for Fortune CEOs than for POTUS--so it seems. Fortune 500 CEOs who have taken exception to erratic and equivocal statements made by the current sitting president of the United States have been systematically subjected to 'assault by Twitter' by the country's CEO-in-Chief. In turn,…Read More