MiFID II prompts Bloomberg to partner with ETF providers to launch volume feed

Increasing transparency

Tom Eckett
clock • 1 min read

Bloomberg has joined forces with ETF providers including Invesco and BlackRock to launch an ETF volume feed that will allow investors to view data for over-the-counter (OTC) trades.

The Bloomberg ETF Aggregate Volume feed shows the 90-day average aggregated volume across exchange and OTC venues and is updated on a daily basis. The move will allow investors to view the total trading data on all ETPs listed in Europe for the first time, meaning they can see how liquid or illiquid a product is. ETF providers including BlackRock, State Street Global Advisors (SSGA), Invesco and DWS were all involved in the move. It follows the increasing demand for transparency in ETFs following the introduction of MiFID II at the start of this year. The new regulation enabled ...

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