The total traded volume on the Tradeweb European-listed ETF platform reached EUR9.64 billion in November, the firm reports.
Fixed income ETFs continued to prove most popular with activity that surpassed 30 per cent as a proportion of the overall traded volume. The firm also writes that November saw the addition of the sixth liquidity provider posting ETF axes to the platform, which provide an indication of whether a dealer is a buyer or seller of a specific ETF.
Equity-based ETFs saw net buying in November, with ‘buys’ outstripping ‘sells’ by nine percentage points. Tradeweb writes that in contrast, ‘sell’ requests for fixed-income products increased to 17 per cent, outperforming ‘buys’ by three percentage points. Trading activity in commodity-based ETFs beat the 12-month rolling average by one percentage point.
The firm writes that eight equity-based products were among November’s most heavily-traded ETFs, with a fund tracking the performance of the MSCI World index ranked first.
