Record year for Tradeweb
07 December 2018 New York
Image: Shutterstock
Tradeweb’s trading volume is on track for a record year, with average total daily trading volumes up by 37.3 percent on last year’s total.
According to Tradeweb, growth throughout this year has been driven by an organic increase in overall market activity and new product enhancements developed by the firm, across various asset classes.
Looking at increases of average daily volumes year-to-date, interest rate derivatives are up 105.2 percent on last year, while credit derivatives are up 74.3 percent.
US exchange-traded funds (ETF) increased 70.4 percent from 2017’s total, while European ETFs saw a rise of 56.9 percent.
For November this year, total trading volume on Tradeweb reached $125.6 trillion.
Tradeweb revealed that the US Treasury curve closed the month of November at 3.2 basis points before inverting on the first trading day of December.
It also noted that average daily volume in US Government bonds during November was $80.6 billion—the second highest monthly total ever on Tradeweb—up 1.6 percent over the previous month, and up 35.4 percent year-over-year.
Elsewhere, European ETF volumes increase by 56 percent on a year-over-year basis., while average daily volumes in rates derivatives were $128 billion, up 14 percent on a monthly basis and 56.5 percent on a year-over-year basis.
In November, average repo volumes were in excess of $170 billion per day, up 33.5 percent on a year-over-year basis.
Finally, the average daily volume in Chinese bonds, completed through Tradeweb on the Bond Connect platform, was up 10.5 percent on a monthly basis and 35.3 percent on a year-over-year basis.
According to Tradeweb, growth throughout this year has been driven by an organic increase in overall market activity and new product enhancements developed by the firm, across various asset classes.
Looking at increases of average daily volumes year-to-date, interest rate derivatives are up 105.2 percent on last year, while credit derivatives are up 74.3 percent.
US exchange-traded funds (ETF) increased 70.4 percent from 2017’s total, while European ETFs saw a rise of 56.9 percent.
For November this year, total trading volume on Tradeweb reached $125.6 trillion.
Tradeweb revealed that the US Treasury curve closed the month of November at 3.2 basis points before inverting on the first trading day of December.
It also noted that average daily volume in US Government bonds during November was $80.6 billion—the second highest monthly total ever on Tradeweb—up 1.6 percent over the previous month, and up 35.4 percent year-over-year.
Elsewhere, European ETF volumes increase by 56 percent on a year-over-year basis., while average daily volumes in rates derivatives were $128 billion, up 14 percent on a monthly basis and 56.5 percent on a year-over-year basis.
In November, average repo volumes were in excess of $170 billion per day, up 33.5 percent on a year-over-year basis.
Finally, the average daily volume in Chinese bonds, completed through Tradeweb on the Bond Connect platform, was up 10.5 percent on a monthly basis and 35.3 percent on a year-over-year basis.
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