Risk Magazine Names Tradeweb the 2018 OTC Trading Platform of the Year!

We are excited to share that Tradeweb has won OTC Trading Platform of the Year at the 2018 Risk Awards! The winners were decided based on a number of factors including risk management, creativity and innovation, liquidity provision, quality of service and customer satisfaction, and engagement with regulatory issues. The award was presented at the annual event in London, which was held on November 28, 2017.

Tradeweb has worked closely with clients from the beginning of implementation of the Dodd-Frank mandate to help them meet the trading requirements leading up to the launch of our swap execution facilities (SEF) in 2013. Since then, the introduction of new products such as swaptions and MAC Swaps, and the addition of tools such as automated trading, compression and switch trading have helped cement Tradeweb’s place as a leading SEF among market participants. Tradeweb now leads D2C Compression among SEFs with over $12 trillion in notional volumes following the launch of the platform in 2013. TW SEF is the also a leading platform for MAC Swaps trading, with more than $2.25 trillion in executed volumes since the solution was introduced in February 2014.

In addition, according to Risk, Tradeweb has the largest volumes for US IRS, and is one of the top two execution platforms for CDS Index products

Speaking with Risk about the award, Tradeweb CEO, Lee Olesky noted: “This has been a period of significant change for the derivatives market in an environment that has been challenging for liquidity providers in terms of profitability and volumes. But I do believe firms are starting to see the benefits of better price transparency and systemic risk management as a result of central clearing and electronic trading.”

As derivatives trading on electronic platforms grows, Tradeweb will continue to lead the development of innovative and flexible solutions to support an evolving marketplace.

Thank you to all our employees for your hard work, and to our clients for your continued support of our business!