Activity on the Tradeweb European-listed ETF marketplace showed no signs of easing in July with monthly total traded volume surpassing EUR10.4 billion for the third time in the platform’s history.
That was despite market concerns over the Greek debt crisis and heightened volatility in the Chinese stock market.
In July, “buys” in equity and fixed income ETFs outstripped “sells” by one and three percentage points respectively, reversing a trend of net selling in the previous two months. Conversely, commodity-based ETFs mostly saw “sells” during the month. Overall trading activity mirrored the 12-month rolling average across all asset classes.
Three of July’s most heavily-traded funds offer exposure to global equities, with the db x-trackers MSCI AC World Index UCITS ETF holding the top spot. In fourth place, the Amundi ETF MSCI EMU UCITS ETF made it into the top ten list for the fifth time this year.