Tradeweb has reported total trading volume for July 2021 of USD20.6 trillion across rates, credit, equities and money markets. Average daily volume (ADV) for the month was USD972.2 billion, an increase of 34.2 per cent year over year (YoY).
Trading & Execution
Bill Kapogiannis, DTCC Executive Director, Equities Clearing Services writes that there is nothing like a crisis to help put things into perspective, and the market volatility that ensued as a result of the pandemic has placed a spotlight on the operations of the ETF market, especially as it relates to the need to increase operational efficiency while removing as much counterparty risk as possible.
Tradeweb has reported total trading volume for June 2021 of USD23.1 trillion. Average daily volume (ADV) for the month was USD1.05 trillion, an increase of 34.7 per cent year over year (YoY). For the second quarter of 2021, total trading volume was USD62.0 trillion and ADV was USD976.9 billion, an increase of 25.5 per cent YoY, with preliminary average variable fees per million dollars of volume traded of USD2.70.
Indosuez Wealth Management, the global wealth management brand of Crédit Agricole Group, has adopted Bloomberg's Rule Builder to enhance the bank’s operational efficiency across the ETF trading desks.
David Mann (pictured), Head of Capital Markets, Global ETFs at Franklin Templeton has been contemplating the hybrid nature of ETFs and the importance of considering trading volume when selecting them. Investors traditionally take into account ETF trading volume when they are selecting an ETF, he says, but these days investors might be trading over different time frames.
Ivan Gilmore (pictured), Head of Securities Trading, London Stock Exchange, London Stock Exchange Group (LSEG) writes that stock exchanges have shown resilience through mixed times and looks forward to a golden age of ETFs that lies ahead…
Tradeweb has reported record total trading volume for March 2021 of USD24.7 trillion across rates, credit, equities and money markets. Average daily volume (ADV) for the month was a record USD1.07 trillion, an increase of 7.3 per cent year over year (YoY).
Quincy Data has added bitcoin futures to its Quincy Extreme Data (QED) service.
Trading activity in European-listed ETFs reached EUR46.3 billion in February, with over 74 per cent of transactions completed via Tradeweb’s Automated Intelligent Execution (AiEX) tool.
2020 was quite the year for the Singapore Exchange (SGX) and its ETF business, with 60 per cent growth in ETF assets over the year, to SGD8.6 billion, and a 2.5 increase in trading turnover.