BlackRock and Bloomberg have teamed up to offer a consolidated information feed for ETFs where advisers can see trading data and volumes for the iShares range.
Advisers can view the bid-offer spread and identify liquidity in the market by the total volumes traded.
The view is created by Bloomberg’s European Composite tickers, which aggregate volume and trading data for reported over-the-counter and exchange traded iShares ETFs. This includes data from 22 exchanges in Europe where ETFs are traded.
For example, the iShares FTSE 100 is traded in sterling on five European exchanges and in euros on four. Previously, to determine overall trading volumes, five tickers would be needed to get the sterling total and four for a euro total. Total volume can now be viewed on one consolidated ticker for sterling and one consolidated ticker for euro.