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A New ETF To Embrace
Monday, April 18, 2016 - 8:40am | 589Many new exchange-traded funds face a problem. That being they are new. In what amounts to nothing more than warped Wall Street wisdom, with wisdom probably not the best word to use there, investors flock to hot IPOs or new stocks, but wait months for new ETFs to gather what they deem to be an...
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Gundlach's DoubleLine Adds EM, Short Duration Bond ETFs
Saturday, April 16, 2016 - 8:32pm | 568Jeffrey Gundlach's DoubleLine Capital and State Street Corp (NYSE: STT)'s State Street Global Advisors (SSgA), the third-largest U.S. issuer of exchange-traded funds, tripled the size of their ETF partnership Thursday with the introduction of two new funds. The two new actively managed ETFs,...
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BATS Exchange Gets Its IPO Right The Second Time
Friday, April 15, 2016 - 2:10pm | 300BATS Global Markets Inc. (NASDAQ: BATS) shares debuted Friday and were recently trading $3.83 above its offering price. It's the company's second attempt to IPO its own stock, with the first culminating in an unmitigated disaster. The March 23, 2012 IPO of BATS was brief, to say the least. It began...
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Bats Global Raised $252.7 Million In Its Initial Public Offering, WSJ Says
Friday, April 15, 2016 - 10:07am | 314The Wall Street Journal reported late Thursday afternoon that Bats Global Markets's initial public offering raised $252.7 million from the sale of 13.3 million shares at $19. The company initially planned on selling 11.2 million shares between $17 and $19 per share but was upsized due to strong...
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With Europe ETFs, Sometimes It Pays To Stay Local
Wednesday, March 30, 2016 - 8:52am | 528Investing in European equities and exchange-traded funds has been tricky this year. The European Central Bank (ECB) has yet to give demanding investors something to really cheer about, and with the Federal Reserve still sounding dovish tones, the dollar's upside against the euro is seen as...
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This New ETF Could Be The Right Way To Play Emerging Markets
Thursday, January 28, 2016 - 2:16pm | 703In what is shaping up to be another trying year for emerging markets equities and the relevant exchange-traded funds, investors opting to remain long developing world stocks should prize factors such as consistent dividend growth and quality. Due to a variety of factors, including rising debt loads...
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New ETF Goes Global For Small-Cap Dividends
Thursday, November 12, 2015 - 3:50pm | 543WisdomTree Investments, Inc. (NASDAQ: WETF), the fifth-largest U.S. issuer of exchange-traded funds, introduced on Thursday the latest in the company's long line of dividend-focused funds with the debut of the WisdomTree Global SmallCap Dividend Fund (BATS: GSD). GSD is another boon for Kansas-...
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iShares Makes A Big Currency Hedged, Low Volatility Splash
Tuesday, November 3, 2015 - 4:08pm | 605BlackRock, Inc. (NYSE: BLK)'s iShares unit, the world's largest issuer of exchange-traded funds, made a major splash Monday in the marriage of two hot ETF themes – currency hedging and low volatility – with the introduction of five such funds. “Four of the five funds are...
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Founder of DAS Trader Karen Gentile Discusses Dark Pools, Twitter & More
Wednesday, December 18, 2013 - 3:35pm | 1027DAS (Direct Access Software) Trader is an industry leader in direct access trading technologies. The company, founded 10 years ago by Karen Gentile, offers an end-to-end electronic trading solution to market participants of all sizes and expertise. Benzinga had a rare opportunity to have a...
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Mini Options Revisit: A Mini Mistake?
Monday, September 16, 2013 - 3:39pm | 593By Bryan Wiener, Sang Lucci contributor When the US option exchanges, headed by the CBOE, ISE and PHLX, set out to expand the US equity options market via the introduction of the mini-option classes in Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), SPDR Gold (NYSE: GLD), Google (NASDAQ: GOOG)...
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The Evil Empire: BATS And Direct Edge Agree To A Groundbreaking Merger
Thursday, September 5, 2013 - 4:02pm | 592By: Bryan Wiener Early next year, assuming that the ineptitude of the US regulatory system stands, the two largest US non-NYSE or NASDAQ stock exchanges will merge in a deal that has yet to be defined financially. The two exchanges, each of which trade approximately 11 percent of the average...
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New U.S. Options Exchange Gemini Aims To Take Order Flow From Fee-Friendly Marketplace
Monday, August 5, 2013 - 3:34pm | 601Monday, August 5, marked the launch of the International Securities Exchange’s secondary marketplace, Gemini. Originally filed with the SEC under the name Topaz, Gemini is now the twelfth U.S. options market and the third launched within the past 12 months (Miami Options Exchange and Nasdaq BX...
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Algorithm Trading Responsible For Another Glitch
Monday, August 6, 2012 - 9:57am | 381Spain's benchmark Ibex 35 Index was halted for nearly five hours earlier Monday after a trading glitch caused trading in Madrid to stop. The Bolsas y Mercados Espanoles SA, the company that oversees the stock exchange, could not comment on the nature of the glitch and only said that trading had...
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Going Batty: iShares to List 8 ETFs on BATS Exchange
Thursday, January 12, 2012 - 10:44pm | 278BlackRock's (NYSE: BLK) iShares unit, the world's largest ETF sponsor, announced it will list eight of its upcoming ETFs on the BATS Exchange operated by BATS Global Markets. The eight listings will mark the first primary listings on BATS. BATS became a U.S. primary listings venue on December 2,...