Jane Street enhances ETF liquidity and execution efficiency with Bloomberg RFQe

Jane Street

Founded in 2000, Jane Street is a global proprietary trading firm specializing in liquidity provision across asset classes. The firm has grown alongside the ETF market’s global expansion, establishing its Hong Kong office in 2011. Recognized as one of the leading ETF market makers in the region, Jane Street provides liquidity on exchanges such as HKEX, JPX, SGX, and ASX, as well as over-the-counter (OTC) venues like Bloomberg RFQe. With a central risk book managed in a follow-the-Sun model across New York, Hong Kong, and London, Jane Street helps clients access deep, competitive pricing around the clock.

BLOOMBERG FEATURED PRODUCTS

INDUSTRY

Financial services, proprietary trading, and liquidity provision

LOCATION

Hong Kong

GOAL

Deliver tighter spreads, deeper liquidity, and more efficient ETF execution for institutional investors

RFQe unlocks deeper liquidity beyond what’s visible on exchange screens.

Sophisticated ETF strategies like NAV and portfolio trades can be more efficient with RFQe.

Workflow automation improves speed, transparency, and execution outcomes.

“When clients use RFQe, they often discover liquidity far deeper than what’s visible on exchange screens.”

Curtis Tai
Director, APAC ETF Sales and Trading, Jane Street

Situation

ETF adoption across Asia-Pacific is surging, with AUM reaching $1.37 trillion by mid-2025. Institutional investors require reliable execution tools to manage rising demand.

Rapid growth in ETF trading across the region

Fragmented liquidity across exchanges

Increased allocation to U.S.- and EU-listed ETFs by Asian investors

Problem

Despite growth, challenges limit efficient ETF execution in Asia.

Anonymous exchange trading may limit price transparency for larger orders

Limited visibility of true liquidity and order book depth

High market impact risk when executing larger trades

Solution

Jane Street is one of the leading liquidity providers on Bloomberg RFQe, helping clients to improve execution quality.

Disclosed RFQs allow tighter spreads and full-size pricing

NAV and portfolio trades enable complex strategies

Automated workflows reduce costs and improve speed, with sub-second response times even during volatility

“RFQe combines speed, transparency, and efficiency, which can help our clients achieve better-than-expected execution.”

Curtis Tai
Director, APAC ETF Sales and Trading, Jane Street

best price trades achieved per year

manual saved every day

tickers automatically recorded in database every day

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