DTCC enhances ETF solution with automated collateral management process
New solution at DTCC includes fixed income ETF capabilities and a no-touch process which provides increased operational efficiency and balance sheet relief.
ETFs
Credit Agricole automates ETF trading for wealth management business with Bloomberg
The global wealth management division of Credit Agricole is the first customer to use the rule builder tool at Bloomberg for ETFs.
TradeTech: ETF volumes returned to exchanges as retail trading surged in 2020
Brieuc Louchard from Euronext and Lyxor Asset Management’s Cyrille Combes told TradeTech that increased retail activity in 2020 saw ETF volumes return to exchanges.
Active ETFs: Europe has a way to go
As Europe is yet to see the significant uptake in actively managed ETFs that the US market has experienced, Annabel Smith asks why that is and how active ETFs operate.
Amundi in talks to acquire Lyxor AM from Societe Generale for €825 million
The sale of Lyxor Asset Management will boost Amundi as a leader in European ETFs and conclude the major restructure programme at Societe Generale.
State Street opens ETF trading platform to asset managers and broker-dealers
Firms that are not custody clients of State Street will now be able to access the Fund Connect ETF platform for trading.
ETFs have highest percentage of turnover traded in the dark, ESMA report finds
An analysis from the EU regulator revealed that the LIS waiver was most commonly used, with ETFs accounting for around 64% of the turnover executed under the waiver.
Virtu and MarketAxess ETF analytics tool receives backing from ETF issuers
Charles Schwab Investment Management and WisdomTree Asset Management have signed on to Virtu’s ETF analytics tool.
Bank of America adopts FIX API for ICE ETF platform
The FIX API will provide Bank of America with an electronic workflow between its OMS and ETF issuers’ platforms via the ICE ETF Hub.
Flow Traders and other market makers join ICE ETF Hub basket negotiation pilot
Brownstone Investment Group, Sumridge, and Wolverine have joined Flow Traders in participating in the ICE ETF Hub basket negotiation pilot scheme.