Market Vectors, the fifth-largest provider of exchange-traded products in the US and the eighth-largest globally, has added six of its NYSE Arca-traded ETFs to the list of depository receipts based on Market Vectors ETFs currently available to Qualified Investors in Mexico. Deutsche Securities Casa de Bolsa in Mexico will act as local sponsor and filing agent for the depositary receipts.

Invesco PowerShares, a leading global provider of exchange-traded funds (ETFs), has lowered the fees on six ETFs. Rival ETF providers, including iShares, Vanguard, SPDR and Schwab, have announced similar fee reductions over the past year in what many commentators are calling a ‘price war’.