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Tradeweb Government Bond Update – May 2023

Global 10-year government bonds saw mixed moves in May 2023 amid a flurry of central bank decisions.

Tradeweb Reports May 2023 Total Trading Volume of $29.4 Trillion and Average Daily Volume of $1.35 Trillion

NEW YORK – June 5, 2023 – Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for May 2023 of $29.4 trillion (tn).

Tradeweb to Participate in Piper Sandler Global Exchange & FinTech Conference

NEW YORK – June 2, 2023 – Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it will participate in the Piper Sandler Global Exchange & FinTech Conference on Wednesday, June 7, 2023.

Tradeweb to Acquire Leading Australian Electronic Trading Platform Yieldbroker

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced that it has entered into a definitive agreement to acquire Yieldbroker, a leading Australian trading platform for Australian and New Zealand government bonds and interest rate derivatives covering the institutional, wholesale, and primary segments.

Tradeweb and FTSE Russell Launch Closing Prices for Euro Government Bonds

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has collaborated with FTSE Russell to launch benchmark closing prices for European government bonds.

Bloomberg, MarketAxess and Tradeweb Sign Joint Venture Agreement

LONDON – May 23, 2023 – Bloomberg, MarketAxess and Tradeweb (Parties) announced they have signed a joint venture agreement, to establish an independent company (JV Company) for the purpose of participating in the public procurement procedure to become the fixed income consolidated tape provider (CTP) in the European Union, all subject to relevant regulatory approvals.

Catherine Johnson Elected to Tradeweb Board of Directors

NEW YORK – May 19, 2023 – Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced the election by its stockholders at the 2023 Annual Meeting of Catherine Johnson to its Board of Directors, effective May 15, 2023.

Long Live SOFR for Swaps

It is officially the end of the line for LIBOR. After some 30+ years as “the world’s most important number,” and the last six years on an extended farewell tour, the London Interbank Offered Rate will officially be retired as a benchmark for U.S. dollar swaps transactions. CME Group completed its conversion to the Secured Overnight Financing Rate (SOFR) as the standard benchmark reference for over-the-counter (OTC) derivatives trades in April and LCH will complete its conversion containing U.S. dollar LIBOR vs. fixed interest rate swaps on May 20. By June, roughly $60 trillion in U.S. dollar contracts will be secured to SOFR.

Lee Olesky to Retire from Tradeweb Board at End of Second Quarter, Jacques Aigrain Elected as Next Chairman

NEW YORK, May 15, 2023 – Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced that Chairman Lee Olesky will retire from its Board of Directors at the end of the second quarter of 2023.

Tradeweb Executes First Swap Connect Transactions in Collaboration with CFETS

LONDON – 15 May, 2023 – Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has facilitated its first transactions on Swap Connect, China’s new electronic trading channel for CNY interest rate swaps (IRS), and it is currently the only international electronic trading platform that supports both request-for-quote (RFQ) and click-to-trade (CTT) execution protocols.