Trading and Execution Services

Outsource your trading to streamline for greater control of your investment decisions.

Our global multi-asset trading desk delivers scalable solutions to meet the trading and execution needs of asset owners and asset managers.

We act as an extension of our clients investment team and procedures, whether accessing a specific sub-asset class or managing trading outside local business hours.

Our suite of trading and execution services

Russell Investments' trading desk accesses over 100 countries globally. In 2024, our trading group executed over $2.2 trillion across all asset classes. The 24-hour trading team is committed to execution excellence while our operations team oversees operational efficiencies.

This suite of trading and execution services includes:

We have a dedicated team whose primary focus is Commission Recapture. Implementing Commission Sharing Agreements (CSA) to meet the research needs of our clients.

Providing Research Payment Account (RPA) solutions for MiFID specific considerations.

We execute trades using our multi-venue institutional platform, actively trading and transacting through numerous execution outlets globally with unbiased access to a wide universe of liquidity sources.

Our differentiating approach allows our traders access to broad yet deep subsets of liquidity, which lends to lower impact costs and better outcomes.

Our global multi-venue strategy utilizes over 400 firms ranging from large bulge bracket brokers and banks to small regional dealers and specialty firms, providing market depth and global reach on behalf of our clients across 106 countries and 33 currencies. With advanced technology, our trading desk incorporates leading tools and propriety applications.

We leverage multiple execution technologies, including Tradeweb, MarketAxess, Yieldbroker, Bloomberg, Trumid, AIM, and TOMS. Technologies employed have been highly customized, including aggregating data for pricing, scores, and buy-side liquidity options.

Our differentiating approach allows our traders access to broad yet deep subsets of liquidity, which lends to lower impact costs and better outcomes.

Our top priority is achieving optimal client results while minimizing trading costs. We do this through proper implementation, netting at the fund level, and crossing. We have established strong relationships with 25 counterparty banks and have 50 streaming liquidity providers.

All Russell Investments' trades are assessed by our internal transaction cost analysis (TCA) and sent to FX Transparency, a third-party TCA specialist for FX.

We are a superior provider of top-notch execution results across asset classes. Our access to global institutional trading platforms and our aggregation of order and flow, combined with advanced technology, enable us to source liquidity from all outlets to maximize opportunities.

See how our clients rated us in The TRADE's Outsourced Trading Survey (redistributed with permission).

Why Russell Investments for trading and execution?

Dual registration

Our structure with dual registration as both investment manager and trading broker enables you to leverage our extensive buy and sell side trading network.

Multi-venue trading

Through our multi-venue trading approach, Russell investments reduces transaction costs.¹

Global access

Access to Exchanges, dealers, MTFs, and Crossing Networks, across a multi-asset dealing desk.

Continuous coverage

Our executing desk is staffed by asset class specialists with visibility to program-level data to prioritize exposure risk and execution quality.

¹ Dual registration is a function of RIIS LLC - our trading desk is dually-registered as both a broker-dealer and as an asset manager.

Execution services are provided by Russell Investments Implementation Services Inc., member FINRA/SIPC.

An experienced, well-resourced global outsourced trading team

$2.2T

Assets traded in 2024

100+

Tradable markets

35+

Years of trading for clients

24

Traders all specialising by asset class and instrument

18

Trading specialist average years of experience

Source: Russell Investments. Data as of June 30, 2025, unless otherwise noted. Currency figures are in U.S. Dollar (USD). Past performance does not predict future returns.

Russell Investments has been globally recognized for excellence in the investment industry

We have a proven track record in investment implementation with scale, client satisfaction, innovative solutions, and more than 40 years of experience.

 

Pensions & Investments Russell Investments overlay award

A leading overlay solutions manager1

European Pensions Awards 2026 Winner Graphic

Transition management firm of the year2

Pensions Age Awards 2024 Winner Logo

Factor investing offering of the year.3

European Pensions Awards 2024 Winner Badge

Factor investing offering of the year4

Perfect scores: outperformer in multiple categories5

1A Leading Overlay Solutions Manager: For 22 consecutive years (2005-2026), Russell Investments was ranked among the leading U.S. institutional managers of overlay assets in Pensions & Investments’ (P&I) annual money manager survey.

Source: Pensions & Investments. Published: 2005-2026. Based on total U.S. institutional, tax-exempt overlay strategy assets, using quantitative data reported as of December 31 of the prior calendar year for the respective periods. The number of firms included in the survey varied by year: 2026 (15 firms), 2025 (21), 2024 (24), 2023 (27), 2022 (27), 2021 (29), 2020 (30), 2019 (36), 2018 (39), 2017 (41), 2016 (36), 2015 (43), 2014 (40), 2013 (39), 2012 (39), 2011 (46), 2010 (47), 2009 (53), 2008 (53), 2007 (48), 2006 (43), and 2005 (43). Russell Investments paid a fee for licensing and usage rights to the award logo/badge.

2Transition Management Firm of the Year: Russell Investments was named the "Transition Management Firm of the Year" winner at the 2026 European Pensions Awards. The award recognized Russell Investments’ bespoke, outcome-focused transition management solutions across a wide range of transition types.

Source: European Pensions. Awarded: July 2026. Based on business activities through December 31, 2025. Winners were selected by an independent panel based on qualitative criteria. This recognition is not a testimonial or endorsement and does not guarantee future performance or success. After being short-listed, Russell Investments purchased an event table and received award logo/badge usage rights.

3Factor Investing Offering of the Year: Russell Investments was named the “Factor Investing Offering of the Year” winner at the UK's 2024 Pensions Age Awards. The award recognized Russell Investments’ factor investing capabilities and client-focused approach in the pension sector.

Source: Pensions Age. Awarded: February 2024. Based on business activities through January 19, 2024. Winners were selected by an independent panel based on qualitative criteria. This recognition is not a testimonial or endorsement and does not guarantee future performance or success. After being short-listed, Russell Investments purchased an event table and received award logo/badge usage rights.

4Factor Investing Offering of the Year: Russell Investments was named the "Factor Investing Offering of the Year" winner at the 2024 European Pensions Awards. The award recognized Russell Investments’ expertise, innovation, and performance in factor investing.

Source: European Pensions. Awarded: July 2024. Based on business activities through December 31, 2023. Winners were selected by an independent panel based on qualitative criteria. This recognition is not a testimonial or endorsement and does not guarantee future performance or success. After being short-listed, Russell Investments purchased an event table and received award logo/badge usage rights.

5Perfect scores: high performer in multiple categories: Russell Investments received four perfect scores and achieved an overall score of 9.60 in The TRADE’s 2023 Outsourced Trading Survey, including perfect scores in Client Service and Relationship Management, Onboarding, Business Model and Other Factors, and Cost Versus Value for Money.

Source: The TRADE, in partnership with Global Custodian and Ergo Consultancy. Published: November 2023. Based on client perceptions of outsourced trading providers as of 2023, using a 1–10 rating scale, among 14 providers included in the 2023 survey. Results reflect subjective feedback and do not constitute a ranking or evaluation of provider performance or investment outcomes. Clients were not compensated for participating in the survey. Russell Investments paid a fee for licensing and usage rights to the award logo/badge.

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Securities products and services offered through Russell Investments Implementation Services, LLC, part of Russell Investments, a SEC Registered investment adviser and broker-dealer, member FINRA, SIPC.

Russell Investments Implementation Services, LLC is a wholly owned subsidiary of Russell Investments US Institutional HoldCo.

The information, analyses and opinions set forth herein are intended to serve as general information only and should not be relied upon by any individual or entity as advice or recommendations specific to that individual entity. Anyone using this material should consult with their own attorney, accountant, financial or tax adviser or consultants on whom they rely for investment advice specific to their own circumstances.

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