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The downgrade of U.S. debt may have led to more market volatility than the Flash Crash.

The Conference Board Leading Economic Index for the U.S. increased 0.5% in July to 115.80 ( 2004 = 100 ), marking the third month in a row that the index has risen. June saw a 0.3% gain, and May say a 0.7% increase.

Van Eck Global has introduced the Market Vectors Mortgage REIT Income ETF (ticker: MORT).

In its attempt to deliver additional quality buy-and-hold alternative investments to investors, Direxion has hired Edward Egilinsky as managing director, head of alternative investments.

In light of the recent market volatility, a new report from Fidelity Investments analyzing the performance of 401(k) balances between Oct. 1, 2008 and June 30, 2011 is quite telling—giving a testimonial to the value of sticking with the stock market even amid the worst declines.

From minding procedure to the minds of digital criminals, here is a diverse collection of books to pick from. Kick back with (and learn from) one, wherever you are under the sun.

Tom Steinert-Threkeld

More than $40 billion flowed out of all forms of mutual funds in the week that featured the first-ever downgrade of U.S. debt.

Cantor Fitzgerald is in the process of launching an ETF Arbitrage business that will provide customers with two-sided ETF markets, encompassing full-service execution, research and market color.

Fidelity Clearing Canada has enhanced its Streetscape workstation with additional market research news and information as well as syndication data on new issue distribution and reporting.