Tradeweb sees surge in trading volumes in December
08 January 2019 London
Image: Shutterstock
Trading volumes surged 40 percent year-over-year for Tradeweb, the financial service found in it’s monthly activity report for December last year.
Amid heightened market volatility, average daily volume (ADV) for Tradeweb markets was $617.4 billion across rates, credit, money markets and equities during the month of December, representing a new record for the platform.
Tradeweb said the repo market maintained post-crisis highs as ADV in repurchase agreements grew 34.6 percent year-over-year, topping $167.2 billion during the month of December.
Tradeweb also found its treasury trading climb, with the front end of the yield curve inverted for the first time in more than a decade.
ADV in US government debt was $82.8 billion, an increase of 42.2 percent year-over-year. This was the highest monthly total ever on Tradeweb.
European exchange-traded fund trading volume grew 113.6 percent year-over-year in December.
Amid heightened market volatility, average daily volume (ADV) for Tradeweb markets was $617.4 billion across rates, credit, money markets and equities during the month of December, representing a new record for the platform.
Tradeweb said the repo market maintained post-crisis highs as ADV in repurchase agreements grew 34.6 percent year-over-year, topping $167.2 billion during the month of December.
Tradeweb also found its treasury trading climb, with the front end of the yield curve inverted for the first time in more than a decade.
ADV in US government debt was $82.8 billion, an increase of 42.2 percent year-over-year. This was the highest monthly total ever on Tradeweb.
European exchange-traded fund trading volume grew 113.6 percent year-over-year in December.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times