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Mid-yields on 10-year government bonds finished 2019 – and capped off the decade – with across-the-board increases. In fact, amid an ever-uncertain monetary policy environment, several government bond markets tracked by Tradeweb saw their yields rise by double-digits over the course of December. In some cases, this helped push yields either closer or into positive territory.

NEW YORK – January 8, 2020 – Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported average daily volume (ADV) of $652.0 billion (bn) in aggregate for the month of December 2019, representing an increase of 5.9 percent year over year.

NEW YORK – January 2, 2020 – Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, will release financial results for the fourth quarter of 2019 prior to the U.S. market open on Wednesday, February 12, 2020 at approximately 7:00 a.m. Eastern Standard Time.

2019 has certainly been an exciting year for Tradeweb, packed with impressive numbers. In April, we went public with the year’s top performing IPO over $1 billion, followed by an additional offering in October to raise in total $2.1 billion. Our traded volumes have kept on rising, facilitating more than $730 billion each day in rates, credit, equities and money market transactions globally. We traded more than $1 trillion on 19 days so far, and experienced new records in almost every business in which we operate, including repo and equity derivatives, which are up 27% and 63% on 2018, respectively.

When it comes to the Chinese bond market, no one understands global investors’ needs better than Tradeweb. We’ve had the unique privilege to be involved in the design, development and implementation of the Bond Connect initiative from the very start, thanks to our long-term expertise in global fixed income markets, extensive client network and advanced technology offering. Being the first trading link to Bond Connect enabled us to amass invaluable experience in further streamlining buy-side traders’ access to the China Interbank Bond Market (CIBM).

Fixed-income traders have been among the slowest to embrace electronic marketplaces. Lee Olesky sees it as only a matter time until all of them make the switch to the computer screen from the phone.

The following data is derived from trading activity on the Tradeweb Markets institutional European- and U.S.-listed ETF platforms.

The global bond market sell-off continued in November, pushing many European benchmark bond yields closer to positive territory. At month end, nearly 53.1% of European government bonds closed with a negative yield, down from 57.6% in October and 63.1% in September.

With sweeping regulatory reforms and plunging interest rates, this decade brought massive challenges to fixed income market participants. The marketplace responded with wide-reaching developments in financial services technology, and an explosion in multi-asset trading. The journey was rarely linear, but trading volumes set new records across markets virtually each year.

Adam Gould, head of US equities at Tradeweb, says: “Anything we do starts with discussions with clients, so our first conversations were with existing Tradeweb users who had embraced our European ETF platform and found value in its competitive pricing via RFQ, order management system integration capabilities and overall functionality.”