Tradeweb's equities businesses have played an integral part in the trader workflow for four decades. By harnessing the liquidity of the leading brokers with an ever-expanding group of global customers, Tradeweb is reinforcing the traditional customer-broker relationship with increasingly sophisticated trading tools.
At the heart of the equities business are Autex, which continues to be the benchmark for indications of interest, and Autex Trade Route, one of the world's largest FIX networks.
Autex
Autex has been the pulse behind equity block trading for nearly 40 years. Autex provides streaming indications of interest (IOIs) between trading partners across the globe, while Autex Trade Route is one of the largest market-neutral, global hub-and-spoke FIX protocol based messaging networks in the world.
Now with our enhanced user interface, it is easy for you to locate Natural liquidity faster with Autex. You can easily engage in trade analysis to quickly identify the most appropriate trading partners and minimize market impact.
Autex Trade Route
Autex Trade Route provides both liquidity and access to over 1,000 of the world's leading Institutional and Brokerage firms. With well over 1.5 billion shares traded per day over 8,500+ connections between subscribers, Autex Trade Route is the global standard for multi-asset class FIX order routing.
Autex SMART IOIs
An Autex SMART IOI is able to analyze both real-time and historical order flow to match buy-side institutions with intelligently routed Natural liquidity from broker-dealers globally. SMART supplements a broker-dealers' original list of targeted addressees with buy-side clients actively trading on the contra-side, exposing the buy-side to liquidity they would not normally see.
Tradeweb TCA
Tradeweb Transaction Costs Analysis offers a host of powerful features for analyzing client order flow, delivered via an ultra secure, web-based application. Through the Tradeweb TCA application, you'll be able to measure Implementation Shortfall against multiple benchmarks while analyzing that performance over multiple timeframes from T+1 on.
BlockDATA
BlockDATA is the most comprehensive tool available for sourcing historical broker liquidity in global equity markets (up to 10 years worth of data). BlockDATA ranks brokers based on trading activity by volume or by value. Through BlockDATA Dark, a new initiative to extend BlockDATA's trade volume rankings to Dark Pools, Tradeweb will be able to provide rankings which will help our trading community source liquidity in an increasingly fragmented marketplace.
