Two award wins within 24 hours in London and Singapore
It is an exciting time for us at Tradeweb, winning two awards within 24 hours – “Fixed Income Trading Platform of the Year” at the FOW and Global Investor Asia Capital Markets Awards 2017 and “SEF Compression/Compaction Service of the Year” at the GlobalCapital Global Derivatives Awards 2017.
We are immensely proud of our team that remains focused on creating and improving financial marketplaces to deliver intelligent trading solutions for our client network of more than 2,000 firms around the world. Whether in our U.S., Europe or Asia offices, the priority remains the same: to find new ways to enhance the entire workflow for market participants across all regions and all products. We are delighted to be recognized for our work.
One of the reasons behind our recognition at the inaugural FOW and Global Investor Asia Capital Markets Awards 2017 was the central role we played in the design, development and execution of Bond Connect - an initiative aimed at connecting China’s Interbank Bond Market with the world. The awards are an expansion of the FOW Awards for Asia program, recognising the very best achievements across the Asian capital market industries, and are judged by a panel of industry experts drawn from across the market in a range of disciplines.
At a gala dinner hosted in Singapore on September 21, where Head of Asia, Li Renn Tsai collected the trophy, Tradeweb was named “Fixed Income Trading Platform of the Year’” for setting itself apart from competitors with regard to innovation, technology enhancements, execution innovation and volume growth. Being the first offshore trading platform to offer a gateway to the China Foreign Exchange Trade System, and the main trading interface for offshore investors to access Bond Connect certainly underscores our unique contribution to the electronification of financial markets everywhere.
This came within hours of Tradeweb winning the “SEF Compression/Compaction Service of the Year” category at the GlobalCapital Global Derivatives Awards 2017 in London. Our compression tools generate enormous efficiencies for what used to be a very manual process for pricing and executing a large number of swap trades. More than $10 trillion in notional volume has been executed through the solution since it was launched in November 2013, and we’ve continued to enhance and broaden our offering by working closely with clients every step of the trading process.
These accolades follow our success at GlobalCapital’s 2017 Americas Derivatives Awards, when Tradeweb was named “Overall Swap Execution Facility of the Year” and “Compression/Compaction Service of the Year”, and being voted “Best Fixed Income Trading Platform” at the 2017 Financial News Trading and Technology Awards, both held in May.
These awards are a testament to the entire global Tradeweb team, as well as our buy-side and sell-side clients who support our continuous efforts to move markets forward. Thank you.