Trading and holding costs
‘Initial figures make costs looks artificially high’
ETFs and passives are becoming particularly popular in pensions
The European Securities and Markets Authority (ESMA) has released its final technical advice on the implementation of MiFID II, covering the use of dealing commission, derivatives, and high frequency trading.
Investors are calling for more control over ETF trades executed on fund platforms, many of which are incapable of hosting the vehicles or are currently unable to offer real time trading.
The second installment of the Markets in Financial Instruments Directive (Mifid) could require ETF trades to be reported on exchange, which would boost market liquidity according to industry players.
Oil prices have reached another record high of over $92 per barrel as supply fears increased.
Global markets have witnessed significant turbulence over the weekend as investors raised concerns the full effects of the US housing downturn and sub-prime crisis have yet to be felt.
Women have surged to start online trading over the last five years, according to research by Alliance Trust.
Shares in property listings service Rightmove have jumped more than 15% to put the company in touching distance of a £500m value on the first day of trading as investors bet its opening price undervalued the business.