Search

The Tradeweb request for quote (RFQ) cash equities platform is celebrating its one year anniversary. And what a year it has been. Liquidity provision has grown from four to nine dealers and the number of clients is now in double digits. By customising the RFQ to the intricacies of the market, participants can now trade both above and below Large in Scale (LIS) with no restriction on size, and take advantage of our Automated Intelligent Execution (AiEX) tool.

NEW YORK – December 6, 2019 – Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced that Chief Executive Officer Lee Olesky and Chief Financial Officer Robert Warshaw are scheduled to speak at the Goldman Sachs U.S. Financial Services Conference in New York on Tuesday, December 10, 2019 at 9:50 a.m. EST.

NEW YORK – December 5, 2019 – 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 $693.0 billion (bn) in aggregate for the month of November 2019, representing an increase of 22.0 percent year over year.

Amid a crop of disappointing tech IPOs, Tradeweb’s stock market debut in April felt like a coming-of-age party, heavy with symbolism and bursting with promise.

The $4 trillion municipal bond market is in a state of flux. Since the passage of the Tax Cuts and Jobs Act on December 22, 2017, the twin dynamics of limited new issuance (until the recent taxable refunding bonanza) and SALT deduction cap- induced demand have driven record amounts of individual investors’ cash into municipal bond separate accounts and mutual funds.

LONDON – November 21, 2019 – Tradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic marketplaces for rates, credit, equities and money markets, today announced the launch of portfolio trading for European Credit bonds, just ten months after successfully introducing the functionality for U.S. Credit bonds. So far, Tradeweb has seen portfolio trading activity exceed $29 billion*, with single trades as large as $1 billion in notional value. Currently, Tradeweb facilitates portfolio trading for European, U.S. Investment Grade, U.S. High Yield, and Emerging Markets bonds.

Tradeweb Markets and Investortools are integrating to bolster Tradeweb’s electronic trading platform to better target retail investors, furthering a trend of technology partnerships in the municipal space.

Lee Olesky is optimistic about the future of Tradeweb: the CEO of the trading platform operator that went public in April thinks that the electronification will continue to advance in the coming years.

Slowly but surely, change is coming to municipal bond trading. For brokers, tech providers and trade-venue operators seeking to modernize transactions, the $3.8 trillion muni-bond market has all the challenges, in spades — small issue size, little standardization, and a highly dispersed network of buyers and sellers. When a local savings and loan needs to buy a municipal bond backing a toll road on behalf of a wealth management client, the S&L representative historically has picked up the phone to do so.

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