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Electronic Trading

Electronic Trading

5.82k followers11 symbols Watchlist by Motif Investing

Technological advancements and the demand for low-cost, fast trade executions could drive growth for electronic trading companies.

Curated by Motif Investing

This watchlist will no longer be available after Sept. 29. Please copy the stock symbols into a new portfolio if you wish to continue tracking them.
Background

Investing has increasingly moved from the exchange floor to complex algorithms and electronic trading platforms. Today, the vast majority of US equity trading volume happens online. And the pace of change continues to jump. Electronic trading represents more than half of the $5.3 trillion-a-day foreign-exchange market, according to a Euromoney Institutional Investor Plc survey, as increasing competition, diminishing trade volumes and the need for low-cost execution has driven many financial firms to embrace electronic trading and reap the benefits of lower bid-ask spreads and efficient order management systems.

How did we choose these stocks?

We identified US-listed stocks and American Depository Receipts of companies that are engaged in activities relevant to this watchlist's theme. We then filtered out companies that have a share price of less than $1.00 or a market capitalization less than $100 million, and excluded illiquid stocks by screening companies for liquidity i.e. average bid-ask spreads, dollar volume traded etc. Finally the proprietary Motif Optimization Engine determined the constituent stocks. Learn more about how we select our watchlists.

Who made these selections?

Motif is an online brokerage built on thematic portfolios of up to 30 stocks and ETFs. Founded in 2010 by Hardeep Walia, Motif combines complex proprietary algorithms with skilled advisers to develop these thematic portfolios. Learn more about our team.

How are these weighted?

First, we determined each company's percentage of total revenue derived from this watchlist's theme. Second, we applied a pure-play factor to give greater relative weight to companies that derive a higher percentage of their revenue from this theme. Finally, we weighted each company by its market capitalization adjusted for revenue exposure to the theme.

More details on how we build and weight watchlists are available here.

Performance

WatchlistChange Today1 Month Return1 Year ReturnTotal Return
Electronic Trading+1.81%+40.49%+3.46%+48.95%
^GSPC+1.60%-5.97%+10.81%+3446.73%

11 Symbols

SymbolCompany NameLast PriceChange% ChangeMarket TimeVolumeAvg Vol (3 month)Market Cap
CMECME Group Inc.166.78+2.85+1.74%4:00 p.m. EDT1.34M1.65M59.81B
ICEIntercontinental Exchange, Inc.100.56+2.23+2.27%4:00 p.m. EDT2.51M3.03M56.44B
TRIThomson Reuters Corporation78.63+1.16+1.50%4:00 p.m. EDT293.89k483.83k39.03B
NDAQNasdaq, Inc.124.03+2.73+2.25%4:00 p.m. EDT525.10k691.72k20.37B
IBKRInteractive Brokers Group, Inc.47.47+0.57+1.22%4:00 p.m. EDT250.92k628.10k19.78B
MKTXMarketAxess Holdings Inc.465.1+12.98+2.87%4:00 p.m. EDT152.66k202.66k17.66B
CBOECboe Global Markets, Inc.89.7+0.40+0.45%4:00 p.m. EDT452.08k812.65k9.76B
VIRTVirtu Financial, Inc.22.88+0.76+3.44%4:00 p.m. EDT1.69M1.64M4.42B
BGCPBGC Partners, Inc.2.34+0.10+4.46%4:00 p.m. EDT4.21M3.25M841.55M
COWNCowen Inc.15.12-0.47-3.01%4:00 p.m. EDT539.45k358.54k435.65M
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    Banque De Luxembourg Integrates Marketaxess’ Axess IQ Order & Execution Workflow Solution

    Axess IQ enhanced with MarketAxess’ automated trading capabilitiesNEW YORK and LONDON, Sept. 28, 2020 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, announced today that Banque de Luxembourg, a leading private banking and wealth management group, has gone live with Axess IQ, its order and execution workflow solution. Following the successful pilot launch of Axess IQ in November 2019, further enhancements have been made to its trading capabilities by integrating MarketAxess’ Auto-X™ automated trading solution into the Axess IQ workflow. In the second quarter of 2020, automated trading volumes on MarketAxess rose to over $32 billion, up 66% from the year prior. The efficient, low-touch automated execution tools offered by MarketAxess allows firms to quickly complete orders, supported with the confidence of industry-leading market data from the AI-powered Composite+™ pricing engine. Connecting sophisticated trading technology and market data in one central hub ultimately improves trading outcomes and supports a more seamless order management workflow.Pierre Stoll, Head of Fixed Income and Structured Products with Banque de Luxembourg, commented, “Today’s market requires cutting-edge technology, access to the broadest possible network of liquidity and integrating high-quality market data directly into our workflow. We believe we are able to offer our clients a superior service through this combination and feel Axess IQ can help us exceed client expectations.”In addition to the inclusion of Auto-X and Composite+ within Axess IQ, clients benefit from access to a global network of over 1,700 active institutional investor and dealer firms via the all-to-all Open Trading™ marketplace. By connecting a vast, global trading community, Open Trading creates a better execution experience through a diverse pool of additional liquidity for private banks. On average, Open Trading had 32,000 orders and over $18 billion in notional value available per day for trading in the second quarter of 2020.Erik Tham, Head of Private Banking, Benelux and Switzerland, for MarketAxess, added, “Our tailor-made workflow solutions are driving greater efficiency and improved workflow processes. Enhancements to Axess IQ, including the connectivity to Auto-X that now supports fully-automated execution, demonstrates our commitment to building best-in-class technology that gives our clients an edge. We’re thrilled to be working with Banque de Luxembourg and other leading private bank and wealth management firms to enable them with the tools to perform at their peak.”About MarketAxess MarketAxess operates a leading, institutional electronic trading platform delivering expanded liquidity opportunities, improved execution quality and significant cost savings across global fixed-income markets. A global network of over 1,700 firms, including the world’s leading asset managers and institutional broker-dealers, leverages MarketAxess’ patented trading technology to efficiently trade bonds. MarketAxess’ award-winning Open Trading™ marketplace is regarded as the preferred all-to-all trading solution in the global credit markets, creating a unique liquidity pool for a broad range of credit market participants. Drawing on its deep data and analytical resources, MarketAxess provides automated trading solutions, market data products and a range of pre- and post-trade services.MarketAxess is headquartered in New York and has offices in London, Amsterdam, Boston, Chicago, Los Angeles, Miami, San Francisco, São Paulo, Hong Kong and Singapore. For more information, please visit www.marketaxess.com.About Banque de Luxembourg Banque de Luxembourg has been active in private banking since 1920 and is one of the Grand Duchy's leading asset managers. It serves enterprising individuals and families by accompanying them at the most important stages of their lives and offering them long-term wealth management solutions so that they can carry out their plans with complete confidence. With EUR 1 billion of equity capital on 31 December 2019, Banque de Luxembourg manages EUR 76.5 billion, employs 1000 people and returned profits of EUR 63.5 million.For more information: www.banquedeluxembourg.com     MarketAxess Media Relations Contacts:  New York: London: Kyle WhiteToby West +1 212 813 6355 +44 (0)20 7709 3270 kwhite@marketaxess.comtwest@marketaxess.com    Banque de Luxembourg Media Relations Contact:  Isabelle Mandelli  14, boulevard Royal, L-2449 Luxembourg  +352 49924 4103  isabelle.mandelli@bdl.lu

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