Bringing you live news and features since 2006 

Tradeweb reports quiet August

RELATED TOPICS​

Trading activity on the Tradeweb European-listed ETF platform for August was quiet, the firm reports, with a 37 per cent reduction in volumes compared to their July previous record. 

The slowdown in activity, driven partially by less volatile markets coupled with the traditional summer lull, resulted in the ETF platform’s quietest month so far this year, Tradweb reports.
 
“In August we saw a similar number of clients trading as in previous months, however their average trade sizes were significantly reduced” says Adriano Pace, managing director for equity derivatives at Tradeweb.
 
On a positive note the platform’s trade hit rates held up very well at 91 per cent over the course of the month, indicating that clients were able to efficiently execute despite the quieter environment.
 
Tradeweb writes that similar to what we saw in July, there was a clear buying trend across all ETF asset classes during the month of August. “Buys” for fixed income ETFs surpassed “sells” by five percentage points and “buys” in equity products outstripped “sells” by 10 percentage points.

Latest News

Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..
First Trust has announced the launch of the First Trust Vest U.S. Equity Moderate Buffer UCITS ETF – February GFEB..
Trading activity on the Tradeweb Markets institutional European- and US-listed ETF platforms reveals that the Tradeweb European ETF marketplace reached..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by