{"id":14996,"date":"2019-02-19T16:57:00","date_gmt":"2019-02-19T15:57:00","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.es\/?p=14996"},"modified":"2021-04-30T15:36:12","modified_gmt":"2021-04-30T13:36:12","slug":"tradeweb-etf-update-january-2019","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/es\/tradeweb-etf-update-january-2019\/","title":{"rendered":"Tradeweb ETF Update &#8211; January 2019"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Total traded volume <\/strong>The Tradeweb European ETF marketplace enjoyed a record-breaking start to the year, as January\u2019s total traded volume reached EUR 28.2 billion, up 9% from the platform\u2019s previous best performance in October 2018&#8230;.<\/p>\n<p style=\"text-align: justify;\"><!--more--><\/p>\n<section class=\"article-content\"><b>Adriano Pace, managing director for equity derivatives at Tradeweb<\/b><\/p>\n<hr \/>\n<\/section>\n<p style=\"text-align: justify;\"><strong>EUROPEAN-LISTED ETFs<\/strong><\/p>\n<section class=\"article-content\">The proportion of European ETF transactions processed via Tradeweb\u2019s Automated Intelligent Execution functionality (AiEX) rose to 44.9%.<\/section>\n<section class=\"article-content\">\n<p style=\"text-align: justify;\"><strong>Adriano Pace, head of equities (Europe) at Tradeweb, said:<\/strong> \u201cA year on from the implementation of MiFID II in Europe, we have witnessed market participants become increasingly comfortable not just with trading ETFs on electronic marketplaces such as Tradeweb, but also with adopting automated workflows to conduct their business. This is not surprising given the introduction of transparency requirements for ETFs last year, and the heightened focus on proving Best Execution.\u201d<\/p>\n<p style=\"text-align: justify;\"><strong>Volume breakdown<\/strong><\/p>\n<p style=\"text-align: justify;\">Equity ETFs saw net selling for the second consecutive month. Conversely, their fixed income counterparts were strongly bought in January, with \u2018buys\u2019 surpassing \u2018sells\u2019 by 24 percentage points. Activity in the asset class increased to 39% of the entire platform flow.<\/p>\n<p style=\"text-align: justify;\">North America and Europe Equities were the most heavily-traded categories during the month, accounting for 37% of the overall activity in European-listed ETFs on Tradeweb.<\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-32624\" src=\"https:\/\/www.etfworld.it\/wp-content\/uploads\/2019\/02\/18-02-19-1tw.png\" alt=\"\" width=\"540\" height=\"164\" \/><\/strong><\/p>\n<p style=\"text-align: justify;\">All figures in brackets refer to the previous 12-month rolling average. Buy\/sell percentages are now calculated at an individual asset class level.<\/p>\n<p style=\"text-align: justify;\"><strong>Top ten by traded notional volume<\/strong><\/p>\n<p style=\"text-align: justify;\">There were seven fixed income products among January\u2019s top ten list by traded volume.<\/p>\n<p style=\"text-align: justify;\">In first place, the PIMCO Euro Short Maturity Source UCITS ETF invests in USD-denominated, investment grade fixed income securities, including government bonds, corporate debt and mortgage or other asset-backed securities.<\/p>\n<p style=\"text-align: justify;\">The fund last featured in the top spot in December 2017.<\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-32625\" src=\"https:\/\/www.etfworld.it\/wp-content\/uploads\/2019\/02\/18-02-19-2tw.png\" alt=\"\" width=\"532\" height=\"223\" \/><\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>U.S.-LISTED ETFs<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Total traded volume<\/strong><\/p>\n<p style=\"text-align: justify;\">Total consolidated U.S. ETF notional value traded in January 2019 was USD 3.4 billion.<\/p>\n<p style=\"text-align: justify;\"><strong>Volume breakdown<\/strong><\/p>\n<p style=\"text-align: justify;\">As a percentage of total notional value, equities accounted for 48.2% and fixed income for 45.4%, with the remainder comprised of commodity and specialty ETFs.<\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-32626\" src=\"https:\/\/www.etfworld.it\/wp-content\/uploads\/2019\/02\/18-02-19-3tw.png\" alt=\"\" width=\"600\" height=\"69\" \/><\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Adam Gould, Head of U.S. Equities at Tradeweb, said:<\/strong> \u201cThe balance of fixed income ETF trading on Tradeweb increased substantially in January \u2013 up to 45.4% of volume, vs. 29.3% the month prior.  That was likely driven in part by a change in the overall market expectations for the Federal Reserve\u2019s plan to raise rates at a much slower pace, if at all in 2019.  With the consensus for rate hikes changing, many fixed income money managers reallocated their bond ETF positions accordingly.\u201d<\/p>\n<p style=\"text-align: justify;\"><strong>Top ten by traded notional volume<\/strong><\/p>\n<p style=\"text-align: justify;\">During the month, 582 unique tickers traded on Tradeweb\u2019s U.S. ETF platform. Market interest in bond ETFs was reflected in the top tickers \u2013 for the first time, fixed income ETFs crowded our top ten ranking.<\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-32627\" src=\"https:\/\/www.etfworld.it\/wp-content\/uploads\/2019\/02\/18-02-19-4tw.png\" alt=\"\" width=\"600\" height=\"187\" \/><\/strong><\/p>\n<\/section>\n<div id=\"ctl00_MainContent_pnlArticle\">\n<div class=\"col margin col-left\" style=\"text-align: justify;\">Fuente: ETFWorld<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Total traded volume The Tradeweb European ETF marketplace enjoyed a record-breaking start to the year, as January\u2019s total traded volume reached EUR 28.2 billion, up 9% from the platform\u2019s previous best performance in October 2018&#8230;.<\/p>\n","protected":false},"author":4,"featured_media":14052,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[98],"tags":[79,87],"class_list":["post-14996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-monthly-report","tag-etf","tag-tradeweb"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"featured_image_urls_v2":{"full":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2018\/07\/Pace_Adriano-Tradeweb-ETF.jpg",400,300,false],"thumbnail":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2018\/07\/Pace_Adriano-Tradeweb-ETF-150x150.jpg",150,150,true],"medium":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2018\/07\/Pace_Adriano-Tradeweb-ETF-300x225.jpg",300,225,true],"medium_large":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2018\/07\/Pace_Adriano-Tradeweb-ETF.jpg",400,300,false],"large":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2018\/07\/Pace_Adriano-Tradeweb-ETF.jpg",400,300,false],"1536x1536":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2018\/07\/Pace_Adriano-Tradeweb-ETF.jpg",400,300,false],"2048x2048":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2018\/07\/Pace_Adriano-Tradeweb-ETF.jpg",400,300,false],"ultp_layout_landscape_large":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2018\/07\/Pace_Adriano-Tradeweb-ETF.jpg",400,300,false],"ultp_layout_landscape":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2018\/07\/Pace_Adriano-Tradeweb-ETF.jpg",400,300,false],"ultp_layout_portrait":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2018\/07\/Pace_Adriano-Tradeweb-ETF.jpg",400,300,false],"ultp_layout_square":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2018\/07\/Pace_Adriano-Tradeweb-ETF.jpg",400,300,false],"mailpoet_newsletter_max":["https:\/\/www.etfworld.com\/es\/wp-content\/uploads\/2018\/07\/Pace_Adriano-Tradeweb-ETF.jpg",400,300,false]},"post_excerpt_stackable_v2":"<p>Total traded volume The Tradeweb European ETF marketplace enjoyed a record-breaking start to the year, as January\u2019s total traded volume reached EUR 28.2 billion, up 9% from the platform\u2019s previous best performance in October 2018&#8230;. Adriano Pace, managing director for equity derivatives at Tradeweb EUROPEAN-LISTED ETFs The proportion of European ETF transactions processed via Tradeweb\u2019s Automated Intelligent Execution functionality (AiEX) rose to 44.9%. Adriano Pace, head of equities (Europe) at Tradeweb, said: \u201cA year on from the implementation of MiFID II in Europe, we have witnessed market participants become increasingly comfortable not just with trading ETFs on electronic marketplaces such&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/www.etfworld.com\/es\/category\/news\/etf-monthly-report\/\" rel=\"category tag\">ETF Monthly Report<\/a>","author_info_v2":{"name":"Equipo Editorial","url":"https:\/\/www.etfworld.com\/es\/author\/equipo-editorial\/"},"comments_num_v2":"0 comentarios","_links":{"self":[{"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/posts\/14996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/comments?post=14996"}],"version-history":[{"count":3,"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/posts\/14996\/revisions"}],"predecessor-version":[{"id":15021,"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/posts\/14996\/revisions\/15021"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/media\/14052"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/media?parent=14996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/categories?post=14996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/es\/wp-json\/wp\/v2\/tags?post=14996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}