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Nasdaq and KBW Announce Strategic Index Partnership

Nasdaq and KBW Announce Strategic Index Partnership

NEW YORK, Apr. 8 (Korea Bizwire) — Nasdaq (Nasdaq:NDAQ) and Keefe Bruyette & Woods (KBW), a Stifel company (NYSE:SF), today announced a partnership involving KBW’s industry-leading family of financial indexes. Under the agreement, Nasdaq will assume responsibility for the calculation, dissemination and commercialization of these indexes, and will work closely with KBW to jointly promote [...]

Nasdaq Lists First Trust International IPO ETF

Nasdaq Lists First Trust International IPO ETF

International Index-Tracking Fund Focused on Timely Investment Opportunities NEW YORK, Nov. 5 (Korea Bizwire) — Nasdaq today announced that First Trust will list one new exchange-traded fund, First Trust International IPO ETF (Symbol: FPXI), on The Nasdaq Stock Market. FPXI will begin trading on Nasdaq today, November 5th, 2014. “Recent IPOs and spin-offs represent an [...]

NASDAQ OMX to List PowerShares LadderRite 0-5 Year Corporate Bond Portfolio (LDRI)

NASDAQ OMX to List PowerShares LadderRite 0-5 Year Corporate Bond Portfolio (LDRI)

NEW YORK, Sept. 8 (Korea Bizwire) — NASDAQ OMX today announced that Invesco PowerShares is preparing to launch a new exchange-traded fund (ETF), the PowerShares LadderRite 0-5 Year Corporate Bond Portfolio (Symbol:LDRI), which will be listed on The NASDAQ Stock Market(R) (NASDAQ(R)). LDRI will begin trading on NASDAQ on Wednesday, September 10, 2014. “We are [...]

NASDAQ OMX Lists First Trust Strategic Income ETF

NASDAQ OMX Lists First Trust Strategic Income ETF

NEW YORK, Aug. 19 (Korea Bizwire) – NASDAQ OMX today announced that First Trust listed a new exchange-traded fund (ETF) which began trading on Thursday, August 14, 2014. First Trust Strategic Income ETF (Nasdaq:FDIV), listed on The NASDAQ Stock Market(R) (NASDAQ(R)). “Finding ways to generate income for clients, while discerning the proper balance between yield and [...]

NASDAQ OMX Lists Compass EMP U.S. Discovery 500 Enhanced Volatility Weighted Index ETF

NEW YORK, Aug. 4, 2014 (Korea Bizwire) – NASDAQ OMX today announced that Compass EMP listed a new exchange traded fund (ETF) which began trading on Friday, August 1, 2014. Compass EMP U.S. Discovery 500 Enhanced Volatility Weighted Index (Nasdaq:CSF), listed on The NASDAQ Stock Market(R) (NASDAQ(R)). “It’s exciting to introduce our latest, innovative Smart [...]

Insurance Companies Are Losing Money in Variable Funds

Insurance Companies Are Losing Money in Variable Funds

SEOUL, Korea, April 16, 2014 (Korea Bizwire) –Variable life insurance funds, the bread-and-butter of life insurance companies, are recording a very low rate of return. Over the last year, their average yield was 0.81 percent with about 40.6 percent of the funds having recorded deficit. On April 15, the Korea Finance Consumer Federation (KFCF) reported [...]