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Lee Olesky featured in Business Insider article.

LONDON – October 22, 2020 – Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it is the first trading venue to facilitate the electronic execution of SONIA swaps against Gilt futures for institutional investors. The first electronic transaction was completed on the Tradeweb interest rate swaps platform between Capula Investment Management and J.P. Morgan as the liquidity provider.

U.S. presidential elections decide who sets the country’s policy agenda for four years, but the actions of an administration can reverberate for decades. The contrast in candidates and their platforms can be stark, creating uncertainty that financial markets respond to, some products more profoundly than others.

While electronic trading has been growing steadily since the late 1990s, for many products it has remained a stubbornly small percentage of overall trading volume. In recent years that has begun to change, however, with more trades taking place electronically and more workflow around those trades becoming digitized. As we entered into 2020, which for most probably feels like a distant memory, it was clear that there was a secular trend underway towards more electronic markets and that trend was broadly accelerating.

Issuance has flooded the fixed-income markets this year, breaking or pacing toward new annual records across sectors and geographies. Here at Tradeweb we’re analyzing how all this new issuance affects everything from trading volumes to the mechanics of the market. This month we’re looking at U.S. Treasuries, where an unprecedented amount of issuance is driving corresponding surges in bill and bond trading.

Over the last year, electronic trading platform, Tradeweb, has further streamlined its workflow process and increased the number of order management systems (OMS) integrated within the Tradeweb ecosystem. The company has also further developed robust electronic audit trails and improved the pre-trade liquidity provider selection process.

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

Collaborative, resilient, innovative, robust, efficient.  These are just some of the attributes that have earned Tradeweb and its people a host of awards this year. We have been fortunate to receive recognition for our marketplaces, tools and employees during a period of immense volatility and ongoing uncertainty, but also of accelerated digitisation.

Tradeweb has been at the forefront of the development of bond trading for two decades, but it hasn’t stopped evolving as it works with dealers and institutional investors to meet the growing demand for electronification. The SSA market has been a big beneficiary, with rapid take-up of automated trading tools and ever more liquidity available on the platform.

August’s government debt sell-off proved to be short-lived. Amid a flurry of central bank and economic news, 10-year government bond yields fell in September, with some pushed further into negative territory.