The Tradeweb European-listed ETF platform reports another strong month in February with total traded volume reaching a near record-breaking EUR11.089 billion.
The firm also reports that the first half of the month also saw the largest ever risktrade executed on the platform since its launch in October 2012. By asst class, overall fixed-income ETF activity amounted to an above-average 37 per cent of the entire platform flow, beating the 12-month rolling mean by seven percentage points. “Buys” for commodity-based products increased to 4 per cent, outperforming “sells” by three percentage points. Conversely, equity-based ETFs saw net selling in February, with “sells” outstripping “buys” by six percentage points. Overall activity in the asset class was ten percentage points lower than the 12-month rolling average.
Tradeweb reports that February’s most heavily-traded fund was the iShares $ Treasury Bond 1-3 UCITS ETF, which aims to track the performance of the Barclays US Treasury 1-3 Year Term Index. In second place was the iShares Euro High Yield Corporate Bond UCITS ETF which offers investors exposure to the market of EUR-based non-investment-grade corporate debt.