12 Days of Trading – Day 10 of 12: ETF Spreads by Venue

12 Days of Trading – Day 10 of 12: ETF Spreads by Venue

Day 10 of 12: ETF Spreads by Venue

From our consolidated view of lit markets in ETFs, it is not surprising to see that At Touch Spreads vary by venue.

However, looking at the second chart, it would seem wise for the end investor to be aware of where the underlying constituents are quoted. In other words liquidity in ETFs can depend on where they are quoted just as much as the constituents of the underlying basket they are representing.

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On our 12 Days of Trading

As the year draws to a close we have been asked by clients to look and highlight 2018 trends since the introduction of MiFID II. We thought we might make this a festive exercise on the 12 days leading up to the holidays. As a result, you will find a post to a different 2018 big-xyt observation each day.

We hope you enjoy them.

This content has been created using the Liquidity Cockpit API.

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