| |
Trade Execution
|
 |
Since its first trade in January 1998, Tradeweb has been recognized by the marketplace as providing deep pools of liquidity and fast, efficient execution to the institutional community. This reputation has been enhanced over the past decade as the company has successfully built 18 marketplaces across the globe. Tradeweb’s markets are individually built, with the input of numerous clients and dealers, to ensure that the protocols match the requirements of the participants. Tradeweb builds marketplaces that enhance the trading process, adding efficiencies but not “re-inventing the wheel.” The first Tradeweb market, U.S. Treasuries, introduced an innovative “Request for Quote” (“RFQ”) protocol, which allows clients to put dealers in competition in real-time. This protocol replicates trades carried out on the telephone but provides a number of advantages, including faster access to pricing from multiple dealers, more efficient trade processing and instant connectivity to the leading dealers’ desks. The RFQ model is generally deployed on Tradeweb’s Rates markets, including U.S. Treasuries, TBA-MBS, European Government Bonds and U.S. Agencies. Other protocols, such as our inventory-based model are used in Credit and Money markets. The links below provide more detail on Tradeweb’s marketplaces:
|