A Global Leader in ETF RFQ Trading
Our marketplaces provide efficient access to competitive over-the-counter (OTC) prices in the global ETF and close end funds (CEF) markets. Get better pricing by putting multiple liquidity providers in competition, streamline your workflow and demonstrate best execution with robust electronic audit trails.
![Institutional investors embrace next wave of ETFs blog](/4a25ab/globalassets/newsroom/adam-etf-blog-aug-2024/adam-ets-blog-factoid_new.jpg)
Key Features
- Trade all U.S.-listed ETFs and CEFs, European-listed ETFs/exchange-traded commodities (ETCs) and Hong Kong, Singapore, Taiwan and Tokyo listed ETFs
- Ability to centrally clear European ETFs in partnership with EuroCCP
- Access 33 liquidity providers globally
- Local market ETF teams providing real-time trade support
- 23 hour trading in U.S. ETFs
![market stream graphic](/4aeaf4/globalassets/reskin-assets-for-new-site/key-features-section/marketstream_key-features.png)
Markets
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Products All U.S. listed ETFs
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Pre-Trade At-Trade Post Trade Axes
National Best Bid and Offer (NBBO)
Dealer RankingsProtocols
Request for Quote (RFQ)
Trade Types
Risk (Block)
Net Asset Value (NAV)
Market-on-Close (MOC)
Lists
Switch
Automated Intelligent Trading (AiEX)Audit Trail/Compliance Record
Straight-Through-Processing (STP)
Execution Reports
Liquidity Provider Performance Reports
Best Execution Metrics
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Global Trading Hours 9:00 am Tokyo time open 5:30 pm New York time close
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Products All listed ETFs and ETCs across all major European asset classes
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Pre-Trade At-Trade Post Trade Axes
Live Exchange Price
Historic Hit Rates
Streaming PricesProtocols
Request for Quote (RFQ)
Trade Types
Risk (Block)
Net Asset Value (NAV)
Lists
Switch
Automated Intelligent Trading (AiEX)
Market-on-Close (MOC)Audit Trail/Compliance Records
Execution Reports
Liquidity Provider Performance Reports
Best Execution Metrics
Transaction Cost Analysis (TCA) -
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Europe 7:00 am London time open 6:00 pm London time close
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Products Listed ETFs across major Asia markets
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Pre-Trade At-Trade Post-Trade Live Exchange Price
Protocols
Request for Quote (RFQ)
Trade Types
Risk (Block)
Net Asset Value (NAV)
Lists
Switch
Automated Intelligent Trading (AiEX)
Market-on-Close (MOC)Execution Reports
Liquidity Providers Performance Reports
Audit Trail/COmpliance Records
Best Execution Metrics
Transaction Cost Analysis (TCA)
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Asia 9:00 am Tokyo time open 6:00 pm Tokyo time close