Research from Greenwich associates finds ETF allocations grew by 50% in Europe last year, with further growth expected in 2019.
Tradeweb saw record European ETF volumes last month, with 44.9% being traded via its AiEX electronic trading platform.
BNY Mellon has integrated Bloomberg BSKT and introduced a global standard for transmitting orders via its electronic messaging service.
New appointments made across equities, prime, futures and securities services, and fixed income within Citi’s ETF business.
Greenwich Associates research urges firms to distinguish ETFs from other asset classes when trading to avoid suboptimal execution.
Regulatory approval means Flow Traders can participate in the Japan Exchange Group’s ETF market maker scheme.
The SEC has proposed rule changes for ETFs which would make it easier for new products to come to the market.
New hires for ETF distribution for Germany, Austria and Italy alongside further appointments in London, Spain and the Nordics.
Senior market participants at the ETFs Global Markets Roundtable in London this week discussed the importance of a consolidated tape for the industry.