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Tradeweb Exchange-Traded Funds Update - August 2024
TWTradeweb(TW) Seeking Alpha·2024-09-14 05:20

Core Insights - Tradeweb's European ETF marketplace saw a total traded volume of EUR 55.2 billion in August, with a record 88.9% of transactions processed via the Automated Intelligent Execution (AiEX) tool [4][5] - In the U.S., total consolidated ETF notional value traded reached USD 62.5 billion in August, marking the best-performing August in the history of Tradeweb's U.S. ETF platform [11][12] European-Listed ETFs - Dealer-to-client total traded volume increased by 39% year-over-year, with fixed income ETFs experiencing net buying for the second consecutive month, outpacing sells by six percentage points [5] - Equity ETFs accounted for 66% of overall platform flow, while fixed income and commodity ETFs represented 28% and 6%, respectively [5][8] - The top traded ETF by notional volume was the iShares $ Corporate Bond UCITS ETF, maintaining its position for the second month in a row [6][10] U.S.-Listed ETFs - Equities made up 56% of the total notional value traded, while fixed income accounted for 39%, with the remainder being commodity and specialty ETFs [11][12] - The Vanguard Long-Term Corporate Bond Index Fund ETF ranked first among the most actively traded ETFs, with six fixed income products in the top ten [12][13]