Bringing you live news and features since 2006 

Tradeweb Europe hits record volume levels

RELATED TOPICS​

Tradeweb’s European-listed ETF platform reports that total ETF trading volume in the fourth quarter reached record breaking levels, as activity significantly increased following Donald Trump’s election victory in the US.

Total traded volume reached EUR38 billion, beating previous record-holder Q2 2016 by nearly EUR5 billion. Tradeweb reports that December was also the second strongest month ever for the platform, with notional volume exceeding EUR14.2 billion, only 6 per cent shy of November’s top performance.
 
Adriano Pace, (pictured) managing director for equity derivatives at Tradeweb, says: “All platform metrics remained strong throughout the month, with new records achieved both in terms of the number of active clients and the number of completed trades. December also saw the arrival of our 27th liquidity provider on the platform, while there are now 15 dealers posting axes.”

In December, activity in equity-based ETFs surged to 67 per cent of the entire platform flow, compared with a 12-month rolling average of 61 per cent. ‘Buys’ in the asset class rose to 39 per cent as a proportion of the overall traded volume, surpassing ‘sells’ by 11 percentage points. Emerging Markets was the only equities category to see net selling during the month.

Monthly ‘sells’ in fixed income ETFs narrowly beat ‘buys’ at 14 per cent and 13 per cent respectively. More than EUR2.3 billion in notional was executed in government bond and corporate bond funds, amounting for 60 per cent of the overall fixed income ETF volume. Meanwhile, activity in commodity-based ETFs dropped to 6 per cent, mirroring the previous 12-month rolling average.

December’s most heavily-traded instrument was the db x-trackers MSCI World Index UCITS ETF, a fund offering exposure to global equities. In second place, the iShares Core S&P 500 UCITS ETF was also the most heavily-traded product in Q4 2016.

Latest News

HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..
VanEck has reached USD10 billion in assets under management in Europe for the first time in April 2024...
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according to a benchmark study published..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
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