June 24: ETF News Digest
Source: http://www.indexuniverse.com/sections/newsinfocus/6075-june-24-etf-news-digest.html?Itemid=3&utm_source=straightstocks.com&utm_medium=sidebar&utm_campaign=rssPosted on Wednesday, June 24th, 2009 | In Exchange Traded Funds, Market Commentary
Dubai Exchange Benefits From Oil’s Improved Fortunes
The Dubai Mercantile Exchange announced today that it has hit record levels of trading.
The exchange’s chairman credited the uptick to positive market sentiment for oil and a move by the “Dubai Department of Petroleum Affairs to shift to a forward pricing model based on the DME Oman Crude Oil Futures Contract.”
You can read the exchange’s press release here.
Questions For BlackRock
Scott Burns of Morningstar has some interesting questions for BlackRock as it prepares to swallow Barclays Global Investors and its popular iShares brand.
Among them: What does it mean for iShares investors and what designs does the active management firm have for the ETF marketplace?
(He notes in the article that iPath ETNs aren’t included in the deal. Wonder where he got that?)
You can read the story here.
BOX Going For The Gusto
The Wall Street Journal reports that the Boston Options Exchange is eliminating fees for three popular ETFs. It’s the start of an effort by BOX to increase its market share in the expanding options business.
It’s also a nod to the significant role of ETFs among investors using such strategies.
You can read the story here.
Changes To Money Market Funds
The Securities and Exchange Commission is expected today to announce its plans to reform money market funds. It’ll be interesting to see how that might impact ETFs, which up to now haven’t been able to designate themselves in such a fashion due to existing—and some would say outmoded—rules.
A MarketWatch.com account by Sam Mamudi previewing the news can be found here.
Last 5 posts by IndexUniverse Staff
- Rethinking Leverage - November 24th, 2009
- Will UNL Beat UNG? - November 19th, 2009
- A Real Hedge Fund ETF? - November 17th, 2009
- ProShares’ Positive Tax Surprise? - November 17th, 2009
- Better Than Cash? - November 17th, 2009
Barclays, Blackrock, Chairman, Dubai, Dubai Department of Petroleum Affairs, Exchange Traded Funds, index universe, Market Commentary, Money Market Funds, Oil, Sam Mamudi;, Scott Burns;, Securities And Exchange Commission, The Wall Street Journal, Wall Street Journal
 About IndexUniverse Staff (http://indexuniverse.com)
IndexUniverse encompasses the world of indexing and beyond. Our website and related subsites cover product and market developments related to index funds, exchange-traded funds (ETFs), index derivatives (futures / options / swaps), and the sophisticated investment strategies which use these financial tools. Our goal is to provide the industry's best news, columns, research, and features about the dynamic field of index-based investing and trading. Industry professionals, individual investors, business/finance students and academic researchers will find various features targeting their interests and needs. We also provide valuable tools and data to assess markets and investment products, and specialized discussion boards for our registered members to exchange cutting-edge ideas and market views. We aim to be educational, thought-provoking, and most importantly, rigorously independent in our perspective. The development of IndexUniverse was a global effort, originally led by Steven Schoenfeld and Jim Wiandt, supported by John Spence and a diverse team in the U.S., Europe and Latin America, and enhanced by editorial contributors from around the world. The site is now managed solely by Jim Wiandt and the global Index Publications LLC team. The site was originally started by Steven as a data and information complement to his book, Active Index Investing, published by Wiley Finance in July 2004. As he recognized the need and potential for such a resource, in August 2003, Steven partnered with Jim, who as editor of The Journal of Indexes similarly recognized the industry's need for timely, useful and independent information on products and markets. |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.
June 25th, 2009 at 12:24 pm
[...] do so under the BlackRock organization.” ( Morningstar ) Taking a closer look at the iShares June 24: ETF News Digest – straightstocks.com 06/24/2009 Dubai Exchange Benefits From Oil’s Improved Fortunes [...]