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Singapore and Indian commodity exchanges unite

The Singapore Commodity Exchange Limited (SICOM) and the National Commodity & Derivatives Exchange Limited (NCDEX) based in India have signed a heads of terms agreement that will allow certain products to be traded and cleared in both exchanges.

US Wrap: JP Morgan offers fund basket exposure

JP Morgan has launched a note linked to the performance of international, emerging market and US equity funds. Investors will participate 200% in fund gains over one year, with 7% downside protection. The US equity component, the iShares Russell 3000…

US Wrap: EM and US equity offered ahead of holiday weekend

A raft of accelerated growth products were launched into the US market ahead of the holiday weekend, offering exposure to either emerging markets or domestic equity. Nearly all the products are short tenor, bar one offering from Morgan Stanley which…

Emerging markets sector funds listed on NYSE

Emerging Global Shares has launched two new exchange-traded funds (ETFs) on the Arca platform of the New York Stock Exchange, the first offerings from the provider on NYSE. One fund offers exposure to emerging markets metals and mining, while the other…

Duggan offers credit and equity play

Duggan Asset Management, a Dublin-based niche investment firm, has launched a 100% capital protected deposit-based structured product - called the Credit Bond. The product is designed to give investors exposure to the high-yield credit market by…

US wrap: RBC confirms reverse convertible rally

The reverse convertible flood has continued in the US market, largely helped by Royal Bank of Canada which has just launched 16 of the notes. Barclays has launched an additional two notes, bringing its total to 35 for the latest bout of issuance, ABN…

RBS and Sip Nordic storm UK IFA market

Royal Bank of Scotland has partnered with Sip Nordic to launch a new series of dynamically managed structured products into the UK independent financial adviser (IFA) market. The investments will be sold by a 25-strong sales force working across the…

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