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Tradeweb Markets Posts 10.7% YoY Jump in February ADV

Tradeweb Markets (Nasdaq: TW), the operator of electronic marketplaces for rates, credit, equities and money markets, on Thursday published its trading metrics for February, reporting the average daily volume (ADV) of $1.17 trillion. This figure is 10.7 percent higher when compared year-over-year and a 4.5 percent jump on a monthly basis.

The total trading volume on the platform came in at $22.6 trillion, which is marginally higher than the previous month’s $22.3 trillion.

“In February, Tradeweb set new ADV records in both US and European government bond trading, as well as fully electronic US High Grade credit and emerging market  swaps  ,” the company noted.

High Demand Across Markets

Indeed, the ADV for US government bonds increased by 30.4 percent year-over-year to $153.8 billion, while the European government bond ADV jumped 24.9 percent to $42 billion. The platform cited strong client activity in institutional and wholesale markets behind the surge in demand.

Mortgage ADV, on the other hand, came down 20.9 percent to $184.5 billion.

Trading demand across credit,  equities  and money markets also showed a strong upward trend. Fully electronic US Credit ADV jumped 27 percent year-over-year, but the European credit ADV saw a marginal surge of 1 percent. Credit derivatives ADV also jumped by 80.5 percent to $16.8 billion.

US and European ETF ADVs saw an increase of 80 percent and 29.6 percent, respectively. The repurchase agreement ADV also jumped by 2.6 percent to $352.6 billion.

Founded in 1996, Tradeweb Markets is listed on Nasdaq. The operator saw consistent growth in volumes across key metrics in 2021. Credit, Equities and Money Markets experienced strong demand over the recent months.

Last month, the company also made some key changes in its top leadership. Co-founder, Lee Olesky took over as the Chairman of the Board, whereas William Hult has been named as the CEO, to be effective from next year.

Tradeweb Markets (Nasdaq: TW), the operator of electronic marketplaces for rates, credit, equities and money markets, on Thursday published its trading metrics for February, reporting the average daily volume (ADV) of $1.17 trillion. This figure is 10.7 percent higher when compared year-over-year and a 4.5 percent jump on a monthly basis.

The total trading volume on the platform came in at $22.6 trillion, which is marginally higher than the previous month’s $22.3 trillion.

“In February, Tradeweb set new ADV records in both US and European government bond trading, as well as fully electronic US High Grade credit and emerging market  swaps  ,” the company noted.

High Demand Across Markets

Indeed, the ADV for US government bonds increased by 30.4 percent year-over-year to $153.8 billion, while the European government bond ADV jumped 24.9 percent to $42 billion. The platform cited strong client activity in institutional and wholesale markets behind the surge in demand.

Mortgage ADV, on the other hand, came down 20.9 percent to $184.5 billion.

Trading demand across credit,  equities  and money markets also showed a strong upward trend. Fully electronic US Credit ADV jumped 27 percent year-over-year, but the European credit ADV saw a marginal surge of 1 percent. Credit derivatives ADV also jumped by 80.5 percent to $16.8 billion.

US and European ETF ADVs saw an increase of 80 percent and 29.6 percent, respectively. The repurchase agreement ADV also jumped by 2.6 percent to $352.6 billion.

Founded in 1996, Tradeweb Markets is listed on Nasdaq. The operator saw consistent growth in volumes across key metrics in 2021. Credit, Equities and Money Markets experienced strong demand over the recent months.

Last month, the company also made some key changes in its top leadership. Co-founder, Lee Olesky took over as the Chairman of the Board, whereas William Hult has been named as the CEO, to be effective from next year.


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