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北京时间·🕒 发布 07-14 22:20:06时区推断·⟳ 抓取 07-14 22:20:47回填·⚡ 决策 07-15 11:40:47·104.3 天前
Tradeweb发布6月ETF平台成交量月度更新，属于常规交易活动统计
这是Tradeweb官方博客披露的ETF平台月度成交量和自动化交易占比更新，更像常规经营/行业活跃度数据，不是订单、业绩指引或可量化超预期事件。
📄 原文TW↗ 原文
Tradeweb Exchange-Traded Funds Update – June 2026
The following data is derived from trading activity on the Tradeweb Markets institutional European- and U.S.-listed ETF…
不做 Tradeweb Markets（TW.US）
不做：这是公司官方例行ETF成交量月度更新，只有平台成交额和自动化交易占比，无法证明短周期收入/利润超预期增量；不应把行业/平台活跃度统计直接映射成可交易催化。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
🔎 新鲜度:最早出现 2026-07-14 · 扩散 low · price-in 风险 medium ↗
关键理由
- 这是Tradeweb官方博客披露的ETF平台月度成交量和自动化交易占比更新，更像常规经营/行业活跃度数据，不是订单、业绩指引或可量化超预期事件。
主要风险
- 未提供ETF业务对Tradeweb收入或利润的增量影响，也没有相对市场预期的 surprise，难以形成短周期正期望交易。
原文全文
展开原文 · 2,927 字
The following data is derived from trading activity on the Tradeweb Markets institutional European- and U.S.-listed ETF platforms .
EUROPEAN-LISTED ETFs
Total traded volume
Trading activity on the Tradeweb European-listed ETF marketplace reached EUR 84.3 billion in June and nearly EUR 240 billion in the second quarter of the year, the platform’s second highest quarterly volume on record. The proportion of transactions and notional volume completed via Tradeweb’s Automated Intelligent Execution (AiEX) tool amounted to 95% and 34%, respectively.
Adam Gould, Global Head of Equities at Tradeweb, said: "June continued the strong momentum we’ve seen across our ETF business throughout the year. Growth was fuelled by both new clients onboarding to the platform and unrelenting adoption of our rules-based automated RFQ protocol.”
Volume breakdown
Equity ETFs saw net buying in June, representing 73% of the overall platform flow, five percentage points higher than the previous 12-month rolling average. Similarly, ‘buys’ in fixed income ETFs surpassed ‘sells’ by 16 percentage points; in contrast, commodity ETFs were mostly sold during the month.
North America and Global Equities remained the most actively traded ETF categories, with a combined EUR 37.2 in total traded volume.
Top ten by traded notional volume
There were six equity products among the ten most heavily traded European-listed ETFs in June, led by the iShares Core EURO STOXX 50 UCITS ETF. Commodity ETFs with agriculture and gold exposures also featured prominently, while the iShares $ Treasury Bond 0–1yr UCITS ETF was the sole fixed income fund in the list.
U.S.-LISTED ETFs
Total traded volume
Total consolidated U.S. ETF notional value traded in June reached USD 104.2 billion, bringing the Q2 2026 total to just shy of USD 300 billion, the platform’s second-best quarterly performance since launch. During the month, AiEX transactions represented 60% of all U.S. ETF tickets and accounted for 16% of U.S. ETF notional volume on the platform.
Adam Gould, Global Head of Equities at Tradeweb, said: " Globally, clients executed more than 454,000 fully automated ETF trades in June, up 107% year-over-year, while automated notional volume surpassed USD 50 billion, an 87% year-over-year increase. As institutions continue to incorporate automation into their trading workflows, we expect this trend to further accelerate and scale.”
Volume breakdown
As a percentage of total notional value, equities accounted for 62% and fixed income for 30%, with the remainder comprising commodity and specialty ETFs.
Top ten by traded notional volume
Broad U.S. equity products occupied half of June’s rankings, with the Vanguard 500 Index Fund ETF holding on to the top spot for the eighth consecutive month. The remaining five fixed income ETFs reflected continued demand for corporate bond, aggregate bond and short-duration Treasury exposures.
EUROPEAN-LISTED ETFs
Total traded volume
Trading activity on the Tradeweb European-listed ETF marketplace reached EUR 84.3 billion in June and nearly EUR 240 billion in the second quarter of the year, the platform’s second highest quarterly volume on record. The proportion of transactions and notional volume completed via Tradeweb’s Automated Intelligent Execution (AiEX) tool amounted to 95% and 34%, respectively.
Adam Gould, Global Head of Equities at Tradeweb, said: "June continued the strong momentum we’ve seen across our ETF business throughout the year. Growth was fuelled by both new clients onboarding to the platform and unrelenting adoption of our rules-based automated RFQ protocol.”
Volume breakdown
Equity ETFs saw net buying in June, representing 73% of the overall platform flow, five percentage points higher than the previous 12-month rolling average. Similarly, ‘buys’ in fixed income ETFs surpassed ‘sells’ by 16 percentage points; in contrast, commodity ETFs were mostly sold during the month.
North America and Global Equities remained the most actively traded ETF categories, with a combined EUR 37.2 in total traded volume.
Top ten by traded notional volume
There were six equity products among the ten most heavily traded European-listed ETFs in June, led by the iShares Core EURO STOXX 50 UCITS ETF. Commodity ETFs with agriculture and gold exposures also featured prominently, while the iShares $ Treasury Bond 0–1yr UCITS ETF was the sole fixed income fund in the list.
U.S.-LISTED ETFs
Total traded volume
Total consolidated U.S. ETF notional value traded in June reached USD 104.2 billion, bringing the Q2 2026 total to just shy of USD 300 billion, the platform’s second-best quarterly performance since launch. During the month, AiEX transactions represented 60% of all U.S. ETF tickets and accounted for 16% of U.S. ETF notional volume on the platform.
Adam Gould, Global Head of Equities at Tradeweb, said: " Globally, clients executed more than 454,000 fully automated ETF trades in June, up 107% year-over-year, while automated notional volume surpassed USD 50 billion, an 87% year-over-year increase. As institutions continue to incorporate automation into their trading workflows, we expect this trend to further accelerate and scale.”
Volume breakdown
As a percentage of total notional value, equities accounted for 62% and fixed income for 30%, with the remainder comprising commodity and specialty ETFs.
Top ten by traded notional volume
Broad U.S. equity products occupied half of June’s rankings, with the Vanguard 500 Index Fund ETF holding on to the top spot for the eighth consecutive month. The remaining five fixed income ETFs reflected continued demand for corporate bond, aggregate bond and short-duration Treasury exposures.
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