Excerpts courtesy of Simon Jessup, Reuters MarketsMuse Editor Note: Yes, the headline and the article are both elementary observations for many; yet there remain many others (including investment managers) who misunderstand the meaning of VIX Investors seeking to predict the magnitude of share price moves at…Read More
Courtesy of Laton McCartney at Securities Technology Monitor Editor note: this story is from the Believe It or Nuts aka If you're a twit you should tweet Dept. NYSE Technologies said it will begin distributing sentiment statistics based on social media postings, through its SuperFeed market data service. The statistics,…Read More
Within the first several days since the December 20 proposed merger announcement between NYSE Euronext and IntercontinentalExchange (ICE), there has been no shortage of public responses, comments and of course, a lawsuit opposing the deal (filed last Friday by the New Jersey Carpenters Pension Fund). For those following this deal,…Read More
Courtesy of Andy Nybo, TABB Forum The recent approval by the Securities and Exchange Commission (SEC) to allow the listing of “mini” options provides the options industry with a wealth of potential opportunities. The potential success of mini options, however, will be a double-edged sword. The costs to build out…Read More
Market commentary (excerpt of July 25 desk notes distributed to institutional fund managers) courtesy of Ron Quigley, Managing Director/Head of Fixed Income Syndicate for Mischler Financial Group. While not ETF-centric per se, its a good read! [caption id="attachment_922" align="alignleft" width="125"] Ron Quigley[/caption] Tonight we’re taking a bit of a reprieve…Read More
Courtesy of Peter Chapman/TradersMagazine The launch of the Nasdaq OMX BX options exchange, at the end of June, marked not only the debut of the industry’s 10th exchange, but an expansion of the use of taker-maker pricing. In contrast to the conventional maker-taker pricing model whereby exchanges pay liquidity…Read More
Courtesy of Cinthia Murphy In connection with all that news re futures broker Peregrine Financial's fraud-induced collapse, Sal Gilbertie, head of Teucrium Funds—an ETF provider offering futures-based commodities ETFs—told IndexUniverse’s Correspondent Cinthia Murphy that futures-based ETFs might be the answer to retail investors’ futures-related concerns . Gilbertie, whose firm sponsors…Read More
UBS is aiming to break into Europe’s exchange-traded fund big league following the listing of 64 of its funds on the London Stock Exchange, the largest number ever admitted to the LSE on a single day. According to the LSE, the launch, which follows the listing of a suite…Read More
June 19, 2012 Contango is Back The volatility futures curve is back in strong contango, and with it an opportunity to profit from the short trade on volatility linked ETFs/ETNs. For a primer on this trade, see previous articles here and here, but in short it's an attempt to profit…Read More
By Ben Collins ETF Securities has released 10 new exchange traded products that aim to provide direct exposure so the commodities boom. The ten new exchange traded commodities products have been listed on the Australian Securities Exchange (ASX), bringing the total number listed to 15. "Historically, gaining exposure to this…Read More
By Christopher Condon on May 31, 2012 If you are convinced, really convinced, the price of crude oil will rise today and U.S. stocks will fall, Factor Advisors LLC has an exchange-traded fund for you. The FactorShares 2X: Oil Bull/S&P500 Bear (FOL) (FOL) offered by the New York-based firm…Read More
Whether in effort to placate regulators who have put high-frequency traders in their cross-hairs, or simply in effort to increase revenue via new fees, or maybe even in effort to keep competitive, NASDAQ OMX announced that effective June 1, traders on its three exchanges will be charged a fee for…Read More