ETF

CME Group Appoints New Global Heads for Equity Index and Cryptocurrency Businesses

Retrieved on: 
Wednesday, October 5, 2022

CHICAGO, Oct. 5, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced the appointment of two new global heads for its Equity Index and Cryptocurrency businesses to continue driving product innovation and supporting long-term growth.

Key Points: 
  • CHICAGO, Oct. 5, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced the appointment of two new global heads for its Equity Index and Cryptocurrency businesses to continue driving product innovation and supporting long-term growth.
  • Paul Woolman, Global Head of Equity Index Products, will oversee the company's Equity Index product portfolio, while Giovanni Vicioso, Global Head of Cryptocurrency Products, will assume responsibility for the company's Cryptocurrency products.
  • "Our equity and cryptocurrency businesses have experienced tremendous growth in recent years, underpinned by strong customer adoption and continued innovation," said McCourt.
  • Prior to CME Group, he served as Vice President for RBC Capital Markets' Equity Derivatives Group on their OTC Equity Derivatives desk.Prior to RBC, he worked at Deutsche Bank in the Global Equity Derivatives Division.

CAPEX.com Launches Share Dealing and ETF Trading Product - CAPEX Invest

Retrieved on: 
Wednesday, October 5, 2022

Bucharest, Romania--(Newsfile Corp. - October 5, 2022) - After previously announcing a zero-commission pre-launch campaign for share dealing, CAPEX.com unveils the final product - CAPEX Invest.

Key Points: 
  • Bucharest, Romania--(Newsfile Corp. - October 5, 2022) - After previously announcing a zero-commission pre-launch campaign for share dealing, CAPEX.com unveils the final product - CAPEX Invest.
  • CAPEX.com , a leading global multi-licensed fintech broker, expands its EU portfolio with share dealing and ETF investing, aiming to become a 'financial super-app.'
  • The product lets people invest in 5000+ US, EU, and UK-listed securities and over 130 exchange-traded funds.
  • Octavian Patrascu added: "The next step for us is to offer the CAPEX Invest product to our customers in the United Arab Emirates, with a similar offer and trading conditions adapted to the local market.

CI Global Asset Management Opens the Market

Retrieved on: 
Wednesday, October 5, 2022

TORONTO, Oct. 5, 2022 /CNW/ - The team at CI Global Asset Management ("CI GAM"), including Marc-Andr Lewis, Executive Vice President, Head of Investments, Geraldo Ferreira, Senior Vice President, Head of Investment Products & Manager Oversight, Jennifer Sinopoli, Senior Vice President, Head of Distribution, Central Canada, and Nirujan Kanagasingam, VP, Head of ETF Strategy, joined Keith Wu, Head, ETF Customer Success, Toronto Stock Exchange (TSX), to celebrate the launch of CI Global Sustainable Infrastructure Fund (TSX: CGRN) (TSX: CGRN.U) and CI Global Green Bond Fund (TSX: CGRB) (TSX: CGRB.U) on TSX and to open the market.

Key Points: 
  • TORONTO, Oct. 5, 2022 /CNW/ - The team at CI Global Asset Management ("CI GAM"), including Marc-Andr Lewis, Executive Vice President, Head of Investments, Geraldo Ferreira, Senior Vice President, Head of Investment Products & Manager Oversight, Jennifer Sinopoli, Senior Vice President, Head of Distribution, Central Canada, and Nirujan Kanagasingam, VP, Head of ETF Strategy, joined Keith Wu, Head, ETF Customer Success, Toronto Stock Exchange (TSX), to celebrate the launch of CI Global Sustainable Infrastructure Fund (TSX: CGRN) (TSX: CGRN.U) and CI Global Green Bond Fund (TSX: CGRB) (TSX: CGRB.U) on TSX and to open the market.
  • The launches of CI Global Sustainable Infrastructure Fund and CI Global Green Bond Fund broaden CI GAM's selection of ESG-focused choices.
  • CI GAM is a subsidiary of CI Financial Corp. (TSX: CIX) (NYSE: CIXX).
  • For Market Openings: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies.

Global X Expands Covered Call Suite with Launch of Russell 2000 Covered Call & Growth ETF

Retrieved on: 
Wednesday, October 5, 2022

NEW YORK, Oct. 5, 2022 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced the launch of the Global X Russell 2000 Covered Call & Growth ETF (RYLG).

Key Points: 
  • NEW YORK, Oct. 5, 2022 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced the launch of the Global X Russell 2000 Covered Call & Growth ETF (RYLG).
  • The U.S. Consumer Price Index (CPI) rose 8.3% from a year ago in August, down from summer peaks but still stubbornly high.
  • But the availability of exchange-traded funds that incorporate covered call strategies can help investors efficiently add these strategies to their portfolios.
  • The covered call options correspond to approximately 50% of the value of the Russell 2000.

EQS-News: TRADE REPUBLIC LAUNCHES FRACTIONAL INVESTING AS NEXT STEP TO DEMOCRATIZE WEALTH

Retrieved on: 
Wednesday, October 5, 2022

Fractional investing comes with true stock ownership and offers the identical spread as the underlying full share as well as the same pricing model.

Key Points: 
  • Fractional investing comes with true stock ownership and offers the identical spread as the underlying full share as well as the same pricing model.
  • With fractional investing, we are pushing to democratize wealth creation.
  • With fractional investing, we are going to change that and make investing more accessible to everyone: Our customers can now buy any stock at any budget.
  • With over one million customers, Trade Republic is already the home screen app for many Europeans to manage their wealth.

GAMCO Expects to Report Diluted EPS for the Third Quarter 2022 of $0.33 to $0.38 Per Share

Retrieved on: 
Tuesday, October 4, 2022

GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that it expects to report third quarter 2022 diluted earnings in the range of $0.33 to $0.38 per share versus $1.09 per share for the third quarter of 2021.

Key Points: 
  • GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that it expects to report third quarter 2022 diluted earnings in the range of $0.33 to $0.38 per share versus $1.09 per share for the third quarter of 2021.
  • Assets under management were $27.6 billion at September 30, 2022 as compared to $28.7 billion at June 30, 2022.
  • GAMCO serves a broad client base including institutions, intermediaries, offshore investors, private wealth, and direct retail investors.
  • In 1977, GAMCO started its flagship All Cap Value strategy, Gabelli Value, and in 1986 launched its mutual fund business.

Logan Capital Named to PSN Top Guns List of Best Performing Strategies for Q2 2022

Retrieved on: 
Tuesday, October 4, 2022

Logan Capital Management, Inc. (Logan Capital), a registered investment adviser with a series of separately managed accounts in equity and fixed-income strategies, has been named to the PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies for Q2 2022.

Key Points: 
  • Logan Capital Management, Inc. (Logan Capital), a registered investment adviser with a series of separately managed accounts in equity and fixed-income strategies, has been named to the PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies for Q2 2022.
  • Logan Capitals Value, Concentrated Value, International ADR, Dividend Performers, and Dividend Performers Balanced strategies were all named to PSN Top Guns List of Best Performing Strategies.
  • The complete list of PSN Top Guns and an overview of the methodology can be located at https://psn.fi.informais.com/ .
  • Logan Capital Management, Inc. (Logan Capital) is an employee-owned registered investment advisor (RIA) headquartered in Newtown Square, Pennsylvania.

Virtu Financial to Host Conference Call Announcing Third Quarter 2022 Results on Thursday, November 3, 2022

Retrieved on: 
Tuesday, October 4, 2022

Virtu will host a conference call to discuss the company's financial results at 07:30 AM (EDT).

Key Points: 
  • Virtu will host a conference call to discuss the company's financial results at 07:30 AM (EDT).
  • A live webcast of the event will be available and archived on the Investor Relations section of the company's website at http://ir.virtu.com/events.cfm .
  • Virtu is a leading provider of financial services and products that leverages cutting-edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to its clients.
  • Leveraging its global market making expertise and infrastructure, Virtu provides a robust product suite including offerings in execution, liquidity sourcing, analytics and broker-neutral, multi-dealer platforms in workflow technology.

Survey: Investors Showcase Shift in Fixed Income Strategies Amid Search for Higher Returns

Retrieved on: 
Tuesday, October 4, 2022

According to the survey report, The Future of Fixed Income, many investors are adding private credit investments alongside their public fixed income allocations.

Key Points: 
  • According to the survey report, The Future of Fixed Income, many investors are adding private credit investments alongside their public fixed income allocations.
  • Additionally, they are showing a growing appetite for new, systematic fixed income strategies to help combat the impact of rising prices.
  • Investors are showing interest in new, data-driven approaches to fixed income via systematic strategies.
  • More than half (59%) of investors exploring these strategies say they are planning to use them to replace existing active strategies.

Ultimus Successfully Converts Mutual Fund to ETF with IronHorse Capital

Retrieved on: 
Tuesday, October 4, 2022

CINCINNATI, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Ultimus Fund Solutions (Ultimus), a leading independent provider of full-service technology-enhanced fund administration, accounting, and investor solutions, is announcing its significant contribution to a recent successful conversion of the Conductor mutual fund to an exchange-traded fund (ETF).

Key Points: 
  • CINCINNATI, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Ultimus Fund Solutions (Ultimus), a leading independent provider of full-service technology-enhanced fund administration, accounting, and investor solutions, is announcing its significant contribution to a recent successful conversion of the Conductor mutual fund to an exchange-traded fund (ETF).
  • Converting to an ETF allows IronHorse to expand its distribution network, help enhance tax efficiency, and broaden its portfolios' appeal to potential investors.
  • Kevin Wolf , EVP, Head of Fund Administration and Product at Ultimus notes that whether a client wants to add to a product lineup, launch a fund, or complete a mutual fund to ETF conversion, Ultimus is well equipped to help with the journey.
  • Kerr Tigrett with IronHorse Capital states that Ultimus played an integral role in providing the roadmap for this successful conversion.