Core Viewpoint - ION has integrated its Fidessa trading platform with Tradeweb's Request for Quote (RFQ) functionality for Exchange Traded Funds (ETFs), enhancing trading efficiency and access to liquidity for mutual clients [1][4]. Group 1: Integration Benefits - The integration allows users to manage ETF RFQs directly on their Fidessa trading screen, streamlining processes and minimizing trade errors [7]. - Users can automate their ETF RFQ flow by setting parameters for quote requests, provider selection, and price acceptance, leading to increased operational efficiency [7]. - The collaboration provides access to a wider pool of global liquidity providers, enhancing transparency and data insights for better execution in ETF trading strategies [4][7]. Group 2: Market Impact - Tradeweb operates a global electronic trading network with over 3,000 clients, including major financial institutions, which enhances the trading experience for equities firms [2][6]. - Tradeweb facilitated more than $2.4 trillion in notional value traded per day over the past four fiscal quarters, indicating significant market activity [8]. Group 3: Strategic Statements - Adam Gould, Global Head of Equities at Tradeweb, emphasized the importance of this collaboration in delivering an optimized solution for ETF trading, highlighting competitive pricing and deep liquidity [4]. - Robert Cioffi, Global Head of Equities Product Management at ION, noted that this partnership advances the automation of ETF RFQ flow, making it easier for users to access diverse liquidity sources [4].