Smarter Portfolio Trading in Emerging Markets Starts with Better Insight

Emerging markets portfolio trading offers clients a more efficient way to transfer risk at scale, but the portfolios themselves can be complex, often spanning multiple regions, currencies and liquidity profiles, with dealer coverage varying across the basket.

In markets where liquidity can be fragmented, traders need to assess how a portfolio may perform before exposing it to the market. the ability to pressure-test dealer selection and pricing in advance can help them refine their execution approach while limiting market footprint and protecting their trading intentions.

As EM portfolio trading gains traction, these pre-trade decisions are becoming increasingly important. Clients need a clearer view of the portfolio, the dealers most likely to engage and the potential execution outcome before going to market.

Our latest EM innovation, SNAP+, is designed to provide that additional insight.

Bringing predictive insights to EM portfolio trading

Now available for EM portfolio trading, SNAP+ is Tradeweb’s AI-enabled predictive engine, designed to support and enhance trader intuition before a trade is sent.

Using a combination of historical and real-time data, it helps clients make more informed dealer selection and pricing decisions by providing:

• suggested dealers,
• predicted execution pricing, and
• analysis before going to market, limiting market footprint.

In practical terms, SNAP+ allows traders to pressure-test their approach and explore potential outcomes while keeping both their trading intentions and the final decision firmly in their hands.

It sits within Tradeweb’s broader portfolio analytics framework, bringing predictive insight directly into the portfolio trading workflow.

Why pre-trade insight matters

Traders have always had access to data, although its quality and consistency can vary significantly across EM markets. The challenge is turning that data into useful and actionable insight at the point of execution.

Tradeweb’s portfolio analytics are designed to do exactly that. Built directly into the portfolio trading window, the analytics provide clients with a consolidated and customisable view of the trade before it is sent.

In addition to SNAP+, clients can now see the following within the ticket:

• liquidity and dealer coverage across the portfolio, including axes and streaming activity,
• the most and least liquid bonds within the basket,
• real-time ETF and iNAV dynamics, including premium and discount insights, and
• SNAP+ dealer and pricing predictions.

Together, these insights provide a clearer view of the factors shaping both portfolio construction and execution.

Better decision-making before going to market

While portfolio analytics provide the broader view of the basket, SNAP+ adds an AI-enabled predictive layer to support dealer and pricing decisions. By combining portfolio characteristics with historical performance and live market conditions, clients can make more precise decisions before execution.

This can contribute towards:

• improved execution quality,
• reduced transaction costs,
• more efficient use of liquidity, and
• greater consistency across trades.

Ultimately, this is not about replacing the human element. It is about giving traders a richer set of insights to support their judgement and make better-informed decisions before going to market.

Tradeweb classifies SNAP+ as a minimal-risk AI system under the EU AI Act (Regulation (EU) 2024/1689).