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

$2.2 T

Assets traded in 2024

100+

Tradable markets

35+

Years of trading for clients

24

Traders all specializing 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.

 

Award

A leading overlay services manager1

Pension Age Awards

Factor investing offering of the year.2

European Pension Awards 2024

Factor investing offering of the year3

THETRADE award for #1 category outperformer

Perfect scores: outperformer in multiple categories4

1A Leading Overlay Services Manager (Pensions & Investments): The 2005-2025 Pensions & Investments’ survey ranking of leading overlay services managers is based on total U.S. institutional, tax-exempt overlay strategy assets, using quantitative data reported as of December 31 of the previous calendar year. The survey includes a varied number of firms, differentiated by year: 2025 (21 firms), 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). We paid this publication a fee for licensing usage and rights of the award logo/badge.

2Factor Investing Offering of the Year | (2024 Pensions Age Awards): Russell Investments was named the “Factor Investing Offering of the Year” winner at UK’s 2024 Pensions Age Awards. The judges praised Russell Investments’ deep comprehension of the significance of factor investing in the pension sector and their dedication to meeting client needs, thus establishing a high standard for the industry. Winners were announced February 21, 2024, based on business activities ending January 19, 2024. The awards are open to any UK pension scheme or provider that serves UK pension schemes. Recipients were selected by an independent panel of judges organized by Pensions Age, based on qualitative criteria such as innovation, client service, and contributions to the pension investment industry. This recognition should not be interpreted as a testimonial or endorsement by any client or investor, and it does not guarantee future performance or success. Short-listed recipients were invited to the following publications' awards ceremonies, in which we purchased an event table and received licensing usage rights of the award logo/badge.

3Factor Investing Offering of the Year | (2024 European Pensions Awards Factor Investing Offering of the Year): Russell Investments was named the “Factor Investing Offering of the Year” winner at the 2024 European Pensions Awards. The judges praised Russell Investments for its passion and expertise in the factor investing space, as well as its performance and innovation. Winners were announced July 4, 2024, based on business activities ending December 31, 2023. The awards are free to enter and open to any firm serving European pension funds. Winners were selected by a panel of independent judges, including industry experts and pension trustees. This recognition should not be interpreted as a testimonial or endorsement by any client or investor, and it does not guarantee future performance or success. Short-listed recipients were invited to the following publications' awards ceremonies, in which we purchased an event table and received licensing usage rights of the award logo/badge.

4Perfect scores: Outperformer in multiple categories; Perfect Scores: Outperformer in Multiple Categories; Perfect Score: Client Service and Relationship Management; Perfect Score: Onboarding; Perfect Score: Business Model and Other Factors; Perfect Score: Cost Versus Value For Money | (2023 The TRADE Outsourced Trading Survey): Russell Investments was ranked first in multiple categories in The TRADE’s inaugural “Outsourced Trading Survey” published November 2023 (out of 14 providers), receiving four perfect scores in: Client service and relationship management; Onboarding; Business model and other factors; and Cost versus value for money. The TRADE’s 2023 Outsourced Trading Survey, conducted in partnership with Ergo Consultancy, reflects client perceptions of outsourced trading providers based on a 7-point rating scale. The results are derived from subjective feedback and do not constitute a ranking or evaluation of provider performance or investment outcomes. Respondents included asset managers, hedge funds, and institutional investors from regions such as the North America, Europe, Asia, and Australia. Recognition in this survey is based solely on client sentiment and does not guarantee future performance or success. Clients were not compensated for participating in this survey. We paid this publication a fee for licensing usage and rights of the award logo/badge.

RECENT INSIGHTS
RECENT RESEARCH
Insights Research

Our experts work hard to solve the complex issues our clients encounter.

Our collection of research shows our dedication to solving complex investment problems.

Private Markets Playbook

Positioning for a New Reality

How to spot opportunities and gain exposure to private investments without taking on too much risk.

Read the article

Eye on private credit

Understanding the basics and beyond

With a robust supply of asset-based investments, the private credit market has grown to over $5T dollars and is anticipated to be worth nearly $8T by 2027, driven by structural shifts in the lending environment.

Start exploring

Outsourced CIO

The Right OCIO Can Cure Insomnia in Restless Markets

Even in normal times, managing an investment program is a challenging job. But when you add on tariffs and trade wars, it's bound to lead to some sleepless nights. Learn how an OCIO firm can provide relief.

Read the article

Implementation resources

brain cog

Managing Exposures Knowledge Exchange

How exposed are you? When it comes to risk management, we've got you covered.

View the exchange
Calendar navy

Institutional Trading Calendar

Identify which days in the year have greater potential for elevated risk or reduced market liquidity.

View the calandar

Partner with us

Get in touch with us through this form, and we'll reach out to you.

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.

Products and services described on this website are intended for United States residents only. Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained on this website should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. Persons outside the United States may find more information about products and services available within their jurisdictions by going to Russell Investments' Worldwide site.

Russell Investments is committed to ensuring digital accessibility for people with disabilities. We are continually improving the user experience for everyone, and applying the relevant accessibility standards.

Russell Investments' ownership is composed of a majority stake held by funds managed by TA Associates Management, L.P., with a significant minority stake held by funds managed by Reverence Capital Partners, L.P. Certain of Russell Investments' employees and Hamilton Lane Advisors, LLC also hold minority, non-controlling, ownership stakes.

Frank Russell Company is the owner of the Russell trademarks contained in this material and all trademark rights related to the Russell trademarks, which the members of the Russell Investments group of companies are permitted to use under license from Frank Russell Company. The members of the Russell Investments group of companies are not affiliated in any manner with Frank Russell Company or any entity operating under the "FTSE RUSSELL" brand.

© Russell Investments Group, LLC. 1995-2025. All rights reserved. This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an "as is" basis without warranty.