Market Structure Reports

Back To List
EU LTBL
US LTBL
Canadian Trading Monthly
Monthly ETP Review
Digest
EU Digest
Trading Talk
EU Volumes
US Securities Volumes

Monthly ETP Review

March 3, 2020
  • Exchange-traded-product ADV jumped 37.65% m/m (52.90% y/y), to 2.02 bn, compared with a 21.42% gain in total equity ADV. The VIX average daily close soared 40.80% m/m (28.84% y/y), to 19.63.
  • Average daily value traded surged 42.53% m/m (65.68% y/y), to $141.0 bn.
  • ETPs accounted for 21.87% of equity ADV (+258 bps m/m) and 29.96% of equity ADVT (+316 bps m/m).
  • The 20-most-active ETPs accounted for 43.16% of total ETP volume and 9.44% of all equity volume.
  • Nasdaq (+171 bps m/m), Cboe BZX (+132 bps m/m) and NYSE Arca (+116 bps m/m) gained the most market share, while off-exchange venues lost 476 bps.
  • ETP fund flows were positive for a sixth consecutive month, at $10.85 bn. US government-fixed-income funds ($8.57 bn) led the way, followed by global equity funds ($4.52 bn) and commodity funds ($2.47 bn). Emerging market funds (-$3.43 bn) and US equity funds (-$3.14 bn) suffered the greatest outflows.
  •  
Continue Reading

Recent Posts

Back To List