Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

35071

Virtu’s RFQ-hub completes record-setting ESG derivatives trades

RELATED TOPICS​

Virtu Financial’s RFQ-hub bilateral multi-asset and multi-dealer request for quote platform, has facilitated two record-setting trades in Environmental, Social and Governance (ESG) options. 

The first, initiated on 9 February, was for 10,000 ESG option contracts of S&P 500 ESG Index with a value of nearly US$332M. The second, occurred on 11 February for 100,000 ESG option contracts of STOXX Europe 600 ESG-X Index with a value of €1.5B (US$1.67B).

Attracted by RFQ-hub’s transparency, operational efficiency, audit trail and embedded analytics, Asset Managers are increasingly relying on the platform to negotiate trades related to ESG instruments.

“Virtu is committed to helping our clients build more efficient trading workflows,” says David Angel, Head of Continental Europe, Virtu Financial. “These trades, together with a series of new infrastructure and GUI’s and expanded instrument coverage initiatives—such as the recent launch of a new Swaptions module—help confirm RFQ-hub’s position as a leading platform for supporting electronic derivatives trading.”

RFQ-hub brings asset managers and market makers together online to help electronically deliver aggregated and competitive liquidity, streamline workflow and improve pricing, with a focus on equity and fixed income listed and OTC derivatives, structured products and ETFs.
 

Latest News

Bloomberg and General Index (GX) have announced the expansion of their strategic collaboration which builds..
EFAMA has commented on today’s vote by the European Parliament in favour of a new..
Morgan Stanley Investment Management (MSIM) has announced the launch of the MS INVF Systematic Liquid..

Related Articles

Juan Nozal, Mapfre Asset Management
Juan Nozal, Fixed Income Portfolio Manager at MAPFRE Asset Management, talks about the outlook for fixed income assets over 2024, in what he predicts will be an outstanding year for this asset class...
Juan Nozal, Fixed Income Portfolio Manager at MAPFRE Asset Management, talks about the outlook for fixed income assets over 2024,..
n response to the increased attention to climate change risk, institutional investors, asset managers, and asset owners in the US are committed to implementing a variety of measures to address climate change and reach their net-zero goals, according to Cerulli Associates...
n response to the increased attention to climate change risk, institutional investors, asset managers, and asset owners in the US..
Lord Hollick, House of Lords
A House of Lords committee has raised “significant concerns” over the role of UK regulators, their ability to operate with genuine independence from government and how they are held to account...
A House of Lords committee has raised “significant concerns” over the role of UK regulators, their ability to operate with..
Rob Edwards, Morningstar
The complexities of assessing performance from responsible investment strategies have been laid bare after Morningstar’s ESG indices delivered a mixed bag in 2023...
The complexities of assessing performance from responsible investment strategies have been laid bare after Morningstar’s ESG indices delivered a mixed..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by