Tradeweb sees highest monthly trading volume
08 October 2018 London
Image: Shutterstock
Tradeweb experienced average daily volumes of US $592.4 billion for September 2018.
The financial service published the finding in its Monthly Activity Report for September which captures trading activity in fixed income and derivatives markets and reports.
Tradeweb said this represents a 27.5 percent increase over the same period in 2017 and a 19.5 percent increase over August 2018 totals and is the highest monthly volume it has ever recorded.
Year-to-date trading volume on the Tradeweb platform has now surpassed the $100 trillion mark, exceeding Tradeweb’s total volume for 2017.
The record September volumes were fuelled in large part by a 24.7 percent year-over-year increase in US government bond trading volume and a 20.3 percent year-over-year increase in European government bond trading volume.
The growth of trading in repo continued its recent growth trend, setting a record of $164.5 billion in average daily volume on Tradeweb, the highest volume recorded since 2011.
New technology developed by it to streamline contracts for differences trading helped drive year-over-year volume growth of 17 percent in credit derivatives, Tradeweb found.
The financial service published the finding in its Monthly Activity Report for September which captures trading activity in fixed income and derivatives markets and reports.
Tradeweb said this represents a 27.5 percent increase over the same period in 2017 and a 19.5 percent increase over August 2018 totals and is the highest monthly volume it has ever recorded.
Year-to-date trading volume on the Tradeweb platform has now surpassed the $100 trillion mark, exceeding Tradeweb’s total volume for 2017.
The record September volumes were fuelled in large part by a 24.7 percent year-over-year increase in US government bond trading volume and a 20.3 percent year-over-year increase in European government bond trading volume.
The growth of trading in repo continued its recent growth trend, setting a record of $164.5 billion in average daily volume on Tradeweb, the highest volume recorded since 2011.
New technology developed by it to streamline contracts for differences trading helped drive year-over-year volume growth of 17 percent in credit derivatives, Tradeweb found.
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