A Global Leader in ETF RFQ Trading

Our marketplaces provide efficient access to competitive over-the-counter (OTC) prices in the global ETF and close end funds (CEF) markets. Get better pricing by putting multiple liquidity providers in competition, streamline your workflow and demonstrate best execution with robust electronic audit trails.

 

Key Features:

  • Trade all U.S.-listed ETFs and CEFs, European-listed ETFs/exchange- traded commodities (ETCs) and Hong Kong, Singapore and Tokyo listed ETFs
  • Access 33 liquidity providers globally
  • Local market ETF teams providing real-time trade support
  • 23 hour trading in U.S. ETFs

Markets

  • Liquidity Providers
    Liquidity Providers chevron_right 22 providers
  • Products Products All U.S. listed ETFs
  • Trade Lifecycle
    Trade Lifecycle chevron_right
  • Pre-Trade At-Trade Post Trade

    Axes

    National Best Bid and Offer (NBBO)

    Protocols

    Request for Quote (RFQ)

    Automated Intelligent Trading (AiEX)



    Trade Types

    Risk (Block)

    Net Asset Value (NAV)

    Market-on-Close (MOC)

    Lists

    Switch

     

    Audit Trail/Compliance Record

    Straight-Through-Processing (STP)

    Execution Reports

    Liquidity Provider Performance Reports

    Best Execution Metrics

  • Trading Hours
    Trading Hours chevron_right
  • Global Trading Hours
    9:00 am Tokyo time open
    4:00 pm New York time close

Product Resources

News & Insights