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The municipal bond market has not historically been the first port of call for those seeking the latest in technological innovation. A sprawling $4 trillion asset class, with over a million outstanding securities – two-thirds of which are owned by individual investors – the muni market has been one of the last hold-outs where volume associated with relationship-based, phone trades continues to outstrip that of electronic trades.

NEW YORK – October 5, 2020 – 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 September of $18.5 trillion (tn). Average daily volume (ADV) for the month of September was $870.5 billion (bn), down 0.5 percent (%) year over year (YoY). For the third quarter of 2020, Tradeweb reported ADV of $780.3bn, down 4.5% YoY, and preliminary average variable fees per million dollars of volume traded of $2.47.

Tradeweb’s commitment to connecting people and markets by bridging liquidity pools and its work on boosting analytics to help new asset classes prepare for electronification set it apart from its rivals — and led to the company being named GlobalCapital’s OTC Trading Venue of the Year.

NEW YORK – September 22, 2020 – Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has expanded and enhanced its platform for trading specified pools of mortgages. The specified pool platform now enables mortgage originators to trade alongside other secondary market participants, expanding the electronic marketplace.

Tradeweb wins the best transaction-cost analysis (TCA) solution category in the inaugural WatersTechnology Asia Awards. Founded in 1996, Tradeweb focuses on the US treasuries market and is now one of the largest institutional trading platforms in the industry with a presence in 40 markets, with 2,500 institutional clients across 65 countries.

Asia Risk Technology Awards 2020

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

NEW YORK – September 9, 2020 – Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced that its Tradeweb Direct broker-dealer has been added as a counterparty for the Federal Reserve Bank of New York’s Secondary Market Corporate Credit Facility (SMCCF). Tradeweb’s credit trading platform is already utilized as a trade execution venue for the SMCCF for trading with counterparties on a fully-disclosed basis. As an Eligible Seller for the SCCF, Tradeweb can now enable anonymous “all to all” trading, sourcing liquidity from additional counterparties across its institutional and retail trading platforms.

After months of plummeting yields, 10-year government bonds experienced a sell-off in August. Leading the pack was the UK’s 10-year Gilt yield, which closed the month 22 basis points higher at 0.31%. The country’s economy entered its deepest recession on record, as gross domestic product plunged by 20.4% in the second quarter of 2020, the steepest fall in Europe. At its August 6 meeting, the Bank of England voted unanimously to leave the key bank rate at a record low of 0.1% and the size of its asset purchases at GBP 745 billion.

NEW YORK – September 3, 2020 – Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total August trading volume of $15.7 trillion. Average daily volume (ADV) was $747.1 billion (bn) in August, a decrease of 9.9 percent (%) year over year (YoY).