Bold claim: ETF trading is about speed, accuracy, and access to the right liquidity—and this new integration makes that reality easier than ever. ION expands its Fidessa platform by adding Request for Quote ( RFQ ) capabilities and linking with Tradeweb’s ETF RFQ workflow, giving mutual Fidessa and Tradeweb users a seamless path to ETF trading within their existing environment.
Overview
ION, a global leader in trading and workflow automation, analytics, and strategic consulting for financial institutions, central banks, governments, and corporations, announces that Fidessa now supports ETF RFQ functionality through an integration with Tradeweb. This partnership enables clients who use both Tradeweb and ION to access Tradeweb’s ETF RFQ workflow directly from Fidessa.
What Tradeweb brings
Tradeweb operates a vast global electronic trading network that serves more than 3,000 clients, including the world’s largest banks, asset managers, hedge funds, insurance companies, wealth managers, corporate treasuries, and retail clients. By integrating Tradeweb’s ETF RFQ capabilities with Fidessa, users gain a more streamlined and automated workflow that enhances the trading experience for equities desks.
Key benefits for users
- Increased automation and efficiency: Clients can manage ETF RFQs straight from their Fidessa trading screen, reducing manual steps. They can automate RFQ workflows by configuring quote request parameters, provider selection, and price acceptance.
- Modernized workflow: The integration offers greater transparency and improved trade-execution insights, making it easier to access liquidity and compare options.
- Enhanced risk management and compliance: For firms handling client trades, there is a clearer, auditable trail of quote requests and prices, supporting best-execution obligations.
Quotes from leadership
Adam Gould, Global Head of Equities at Tradeweb, remarked that the collaboration delivers a more automated and optimized ETF trading experience. He highlighted easier access to Tradeweb’s advanced RFQ features, competitive pricing, and a broad liquidity pool, all within a cohesive workflow. The result, he noted, is improved transparency, richer data insights, and stronger best-execution in ETF strategies.
Robert Cioffi, Global Head of Equities Product Management at ION, emphasized the value of enabling mutual customers to leverage Tradeweb’s RFQ functionality. He pointed to streamlined ETF RFQ flows, easier access to diverse liquidity sources, and better execution outcomes for Fidessa users.
About the companies
ION provides mission-critical trading and workflow automation software, analytics, and consulting to financial institutions, central banks, governments, and corporates. Its offerings aim to simplify complex processes, boost efficiency, and support data-driven decision-making while building long-term client partnerships through ongoing innovation.
Tradeweb Markets Inc. is a leading operator of electronic marketplaces for rates, credit, equities, and money markets. Since its founding in 1996, Tradeweb has connected more than 3,000 clients in over 85 countries, delivering markets access, data, analytics, electronic trading, straight-through processing, and reporting for many products. The platform’s technology enhances price discovery, order execution, and trade workflows while scaling operations and helping mitigate trading risks.
For more information, contact: press@iongroup.com
Note on forward-looking statements
This release contains forward-looking statements about outlook, performance, markets, expectations, plans, and strategies. These statements reflect current views and projections and involve risks and uncertainties that could cause actual results to differ materially. Readers should review the company’s risk disclosures in official filings for a fuller understanding of potential impacts.
