Economy

18 banks sign ISDA rules to delay swaps termination rights

18 banks sign ISDA rules to delay swaps termination rights

New rules that will delay swaps termination rights and collateral demands were signed by 18 major banks, the International Swaps and Derivatives Association announced Wednesday.

November 13, 2014 | 01:54 pm
S&P Dow Jones downgrades Morocco to frontier market status

S&P Dow Jones downgrades Morocco to frontier market status

Morocco has been reclassified as a frontier market country by S&P Dow Jones Indices, following feedback from market participants.

November 12, 2014 | 12:31 pm
Weak equity returns sting managers

Weak equity returns sting managers

Several publicly traded money managers experienced either a decline in assets under management or flat growth during the third quarter, due to weak equity markets.

November 10, 2014
Risks of clouding priorities

Risks of clouding priorities

Asset owners, institutional investment management firms and the markets are not immune from crises of confidence.

November 10, 2014
High-frequency trading:  Considerations and risks for pension funds

High-frequency trading: Considerations and risks for pension funds

Potential negative effects of the subset of automated algorithm-based trading known as high-frequency trading have recently generated significant attention, including congressional hearings,...

November 07, 2014 | 10:18 am
Retirement issues likely to be addressed by Republican-led Congress

Retirement issues likely to be addressed by Republican-led Congress

Retirement issues rarely came up during federal elections that gave Republicans control of the House and Senate on Tuesday, but that is expected to change when the 114th Congress convenes in January.

November 05, 2014 | 04:21 pm
European Commission cuts growth forecast

European Commission cuts growth forecast

Real GDP growth is expected to be 1.3% in the European Union and 0.8% in the euro area in 2014, revised downward from six months ago when growth was forecast to be 1.6% and 1.2%, respectively.

November 04, 2014 | 02:19 pm

BATS Global Markets hires new president

Chris Concannon was named president of BATS Global Markets, effective Dec. 15.

November 04, 2014 | 12:16 pm
SEC releases tick size pilot program plan for comment

SEC releases tick size pilot program plan for comment

The SEC late Monday released for public comment its plan to do a one-year pilot program to widen minimum tick sizes for small-cap stocks.

November 04, 2014 | 12:06 pm

Bank of Japan expands QE program in surprise move

Bank of Japan announced an expansion of its quantitative and qualitative easing program, shocking the currency markets and bolstering stocks.

October 31, 2014 | 11:19 am
Fed stops bond buying, stays with federal funds rate near zero

Fed stops bond buying, stays with federal funds rate near zero

The Federal Open Market Committee’s bond-buying program will end this week, members announced Wednesday at the end of a two-day meeting, citing “substantial improvement” in the...

October 29, 2014 | 03:32 pm
Home price growth slows in August

Home price growth slows in August

The S&P/Case-Shiller 10-City Composite Home Price index rose 5.5% on a year-over-year basis through August. The 20-city composite rose 5.6% over the same period. Both indexes were down from the 6.7%...

October 28, 2014 | 04:13 pm

ETP traders not responding to exchange overtures

All too often, exchange-traded products are described as mutual funds that trade like stocks. A closer look reveals that not to be the case. To the surprise of many, ETP traders are comfortable in...

October 27, 2014

Money managers tame their expectations on the economy, survey shows

More money managers are adopting a moderate outlook on U.S. economic growth, a quarterly survey by Northern Trust shows.

October 16, 2014 | 04:13 pm
IACPM: Credit default concerns rising outside North America

IACPM: Credit default concerns rising outside North America

Credit portfolio managers are concerned about credit defaults potentially rising over the next 12 months, but see credit spreads remaining steady over the next three months, said a survey from the...

October 16, 2014 | 08:00 am