Trading activity on the Tradeweb Markets institutional European- and US-listed ETF platforms for June found that trading activity on the Tradeweb European ETF marketplace reached EUR47.6 billion in June, while the proportion of transactions processed via Tradeweb’s Automated Intelligent Execution (AiEX) tool was 82.6 per cent.
Equity-based and fixed income ETFs saw net buying in June, with ‘buys’ surpassing ‘sells’ by two and 12 percentage points, respectively. In contrast, ‘buys’ in commodity-based ETFs lagged ‘sells’ by what Tradeweb calls ‘a whopping’ 56 percentage points.
North America Equities proved to be the most actively-traded ETF category during the month, with nearly double the volume executed in Global Equities, which took second place.
Top 10 by traded notional volume
There was an equal split between equity and fixed income products in June’s 10 most-heavily traded ETF list. The iShares Core S&P 500 UCITS ETF returned to the top spot for the first time since August 2022.
US-listed ETFs
Total traded volume
Total consolidated US ETF notional value traded in June amounted to USD54.4 billion.
Volume breakdown
As a percentage of total notional value, equities accounted for 53 per cent and fixed income for 38 per cent, with the remainder comprising commodity and specialty ETFs.
Top 10 by traded notional volume
June’s top 10 by traded notional volume mainly comprised fixed income products, with the iShares 7-10 Year Treasury Bond ETF ranked first. This is the third month the fund topped the list this year, after February and April.