Tradeweb’s US ETF Platform Sees Record Volume

Beverly Chandler of ETF Express writes about a recent Tradeweb whitepaper on the increase in request-for-quote (RFQ) trading of ETFs, as market participants leverage technology to improve their access to liquidity. Adam Gould, head of US equity derivatives at Tradeweb is quoted on the growth of the firm's US ETF platform driven by better pricing as a result of putting multiple liquidity providers in competition, a streamlined trading workflow, and reporting that supports best execution metrics. He also notes that the ETF marketplace has created a number of opportunities to gain exposure to a range of asset classes and strategies, which has supported the growing adoption of these securities.