Trading & Execution

In My Opinion

Three areas of opportunity to support the rapid growth of the ETF industry

Three areas of opportunity to support the rapid growth of the ETF industry

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.

Story

Tradeweb reports new records in key products

Tradeweb reports new records in key products

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.

COMMENT

Franklin Templeton’s Mann comments on importance of ETF trading volume and timeframes

Franklin Templeton’s Mann comments on importance of ETF trading volume and timeframes

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.