Guest columnist John Bates wonders if anyone feels bad for the high-frequency trading firms that are now facing lawsuits, sluggish markets and regulators.
BATS added a new exchange-traded fund provider to its clientele, Alpha Architect, which listed its first ETF on the bourse today.
White glove bulge bracket broker Goldman Sachs appears like it could be readying a move into the exchange traded fund space. And soon.
BlackRock's iShares group is bringing its second exchange-traded fund in as many days. However, this new emerging markets ETF is listed on BATS.
For years, exchange-traded fund trading volume surged. Now, its slumping too. Nasdaq, NYSE and BATS are now slugging it out with incentives, new order types and a new ETF-focused exchange to resuscitate trading.
The major exchange operators are in pitched battle to win market share and build up volume of trading in exchanged-traded funds.
The Securities and Exchange Commission is set to decide by Dec. 8 whether to approve proposals by the Nasdaq Stock Market and NYSE Arca to permit sponsors of exchange-traded funds to pay broker-dealers for making a market in their securities.
Bank of America Merrill Lynch plans to expand the number of exchange-traded funds traded by its ETF-specific algo. Known as ETF-aXe, the two-year-old algo currently trades 300 ETFs. The new editions could include funds that go beyond just U.S. stocks.
With the current volatility of the equities markets, investors know they need to have exposure to bonds, but they often desire the ease and liquidity of equities, which can be provided by exchange-traded funds. Customers want fixed-income safety and stock convenience, which has driven PIMCO-the don of bonds-into the world of ETFs.