The European listed ETF platform, Tradeweb, reports that June overtook April as the third strongest month since launch, with total traded volume reaching EUR9.02 billion.
Volume in the second quarter of 2015 amounted to EUR24.96 billion, beaten only by the first quarter’s record-breaking activity, the firm says.
Both equity and fixed income ETFs saw net selling in June, as “sells” outstripped “buys” by nine and 11 percentage points respectively. Overall trading activity in fixed income funds was recorded at 35 per cent, outperforming the 12-month rolling average by five percentage points. The proportion of volume in commodity based ETFs remained unchanged from the previous month at 2 per cent against a 12-month rolling average of 4 per cent.
There were four fixed income products among June’s top ten ETFs by traded volume, with the iShares Core Euro Corporate Bond UCITS ETF ranked first. The fund, which tracks the performance of the Barclays Euro Corporate Bond Index, was also the second most heavily-traded ETF in Q2 2015.
