Equities-based exchange-traded funds accounted for the majority of activity on Tradeweb’s new European-listed ETF platform during its first quarter in operation.
From 1 September to 31 December 2012, 60 per cent of Tradeweb’s executed volume was for equities-based ETFs followed by fixed income (27 per cent).
Almost two thirds of these fixed income traders were buys, while more sell request were executed for equities and commodities ETFs.
The top two ETFs by traded volume during the quarter were the iShares DJ Euro Stoxx 50 ETF (EUEA) and the dbX-trackers Euro Stoxx 50 ETF1D (XESX).