ETF market maker Global Trading Systems (GTS) has been under what the firm’s principal Reggie Browne (pictured) calls ‘a number of different corporate flags’ over the last few years. The firm is the biggest NYSE designated market maker trading every asset class from equities to fixed income to commodities – including anything in a UCITS or 40 Act sleeve, as Browne puts it.
This year’s gold rush saw investors pour into gold products on the back of soaring precious metal prices. As a result, for a couple of days, gold ETPs listed on London Stock Exchange traded more than any other equities says Lida Eslami, head of business development for ETPs at the exchange.
Electronic marketplace Tradeweb Markets Inc and Europe’s largest equities clearing house EuroCCP have announced a strategic collaboration to facilitate central counterparty clearing for European ETFs.
The May 2019 European ETF Market Report from the Lipper team at Refinitiv reports that the promoters of ETFs enjoyed net inflows of EUR2.3 billion for May.
Electronic trading firms Virtu Financial and MarketAxess have launched a partnership to provide institutions with enhanced trading tools and access to global ETFs and fixed income securities.
Notional volume executed on the Tradeweb European-listed ETF marketplace reached EUR18.23 billion in July, achieved, the firm writes, against a background of geopolitical risk concerns.
Flow Traders has published its unaudited 2Q18 results revealing that NTI reached EUR53.8 million in 2Q18, against EUR213.2 million in 1Q18 and EUR46.7 million in 2Q17.
Aneeka Gupta, associate director, equity and commodities research with ETF Securities by WisdomTree, has reviewed last week’s ETF flows and writes that gold can’t seem to find a floor.
Tradeweb writes that activity on the Tradeweb European-listed ETF marketplace showed no signs of slowing down in June, as notional volume surpassed EUR23 billion for the second time on record.
Tradeweb reports that, over June, average daily volume exceeded USD590 billion, a 45 per cent increase from June 2017.