RBS SEMINAR ON TECHNICAL ANALYSIS
RBS is tonight hosting a seminar where Jackson Wong from research and analysis provider Investors Intelligence will be giving a full market update from a technical analysis perspective. Wong is a technical analyst specialising in indicators and chart patterns in the global fixed income markets. He will focus on the major asset classes and give an insight into what is coming next for listed products. RBS will also provide a talk on its products. The seminar will run from 5.30pm-7.00pm and will be held at 250 Bishopsgate. To register: www.rbs.co.uk/markets.
RBS LISTS 2,000 TURBOS IN PARIS
RBS announced the launch of 2,000 turbos on NYSE Euronext in Paris earlier this week. These turbos are already listed on NYSE Euronext in Amsterdam. They offer investors a greater choice of available strategies through exposure to a broad range of underlying assets: 31 French equities, 105 other equities, 44 indices, 24 commodities, 10 currencies and seven bonds. Turbos allow leveraged exposure to trends in underlying assets without the constraints of a predetermined maturity date or excessive sensitivity to volatility.
TRADERS TAKE PROFITS IN CORN ETCS
ETF Securities’ agriculture ETCs have seen their seventh consecutive week of outflows as traders rushed to take profits. Supply side problems continue to support prices and investors have taken advantage of rising prices to reduce their positions. Outflows over the past seven weeks have totalled $313m with last week accounting for $31m. The outflows are concentrated in ETF Securities’ corn ETC, which saw the largest outflow in over two years at $13m. This was followed by ETF Securities’ sugar ETF at $6m of outflows.