Bringing you live news and features since 2006 

Tradeweb sees record ETF trading in May 2023

RELATED TOPICS​

Trading activity on the Tradeweb European ETF marketplace reached EUR44.8 billion in May, while the proportion of transactions processed via Tradeweb’s Automated Intelligent Execution (AiEX) tool was 81 per cent.

Adam Gould, head of equities at Tradeweb, says: “A record 21 per cent of the total platform flow was executed via AiEX last month, proof that European ETF traders increasingly use the solution to automate higher touch, larger size transactions.”

Fixed income and commodity-based ETFs saw net buying in May, with ‘buys’ surpassing ‘sells’ by eight and 12 percentage points, respectively. In contrast, ‘buys’ in equity ETFs lagged ‘sells’ by two percentage points. Activity in all three asset classes mirrored both April’s and the previous 12-month rolling average.

North America Equities proved to be the most actively-traded ETF category during the month, with over EUR9 billion in total traded volume.

Half of European-listed EFT’s most actively traded products for May were bond-based, with the iShares $ Corporate Bond UCITS ETF moving up two places from April to be ranked first.

In the US the total consolidated US ETF notional value traded in May amounted to USD53.4 billion, the firm says. As a percentage of total notional value, equities accounted for 47 per cent and fixed income for 44 per cent, with the remainder comprising commodity and specialty ETFs.

Fixed income products dominated May’s top 10 by traded notional volume for US-listed EFTs, particularly those offering investment exposure to Treasuries. In first place, the iShares Short Treasury Bond ETF last featured in the list in February 2023.

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
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...
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