Tradeweb

The Investortools Dealer Network Integrates Tradeweb Ai-Price for Municipal Bonds, Upgrading the Muni Trading Experience

Retrieved on: 
Thursday, January 25, 2024

Investortools, a leading provider of fixed-income software solutions, today announced the inclusion of Tradeweb Automated Intelligent Pricing (Ai-Price) for municipal bonds into the Investortools Dealer Network.

Key Points: 
  • Investortools, a leading provider of fixed-income software solutions, today announced the inclusion of Tradeweb Automated Intelligent Pricing (Ai-Price) for municipal bonds into the Investortools Dealer Network.
  • Integrating Tradeweb’s intraday evaluative bond prices into our platform will better inform our users’ trading decisions and will also unlock new, streamlined trading workflows for users of the Investortools Dealer Network.
  • These prices are now available in The Investortools Dealer Network with continuous updates throughout the day.
  • “By utilizing Tradeweb Ai-Price for municipal bonds, users of The Investortools Dealer Network can optimize their trading experience through enhanced price discovery.”

Tradeweb Enters Next Phase of Partnership with BlackRock

Retrieved on: 
Monday, December 11, 2023

Tradeweb and Aladdin have begun to roll out the next phase of the partnership, enabling Aladdin users trading U.S. and European Credit access to enhanced liquidity via Tradeweb AllTrade, Tradeweb’s network of anonymous liquidity which brings together thousands of participants across institutional, wholesale and retail markets.

Key Points: 
  • Tradeweb and Aladdin have begun to roll out the next phase of the partnership, enabling Aladdin users trading U.S. and European Credit access to enhanced liquidity via Tradeweb AllTrade, Tradeweb’s network of anonymous liquidity which brings together thousands of participants across institutional, wholesale and retail markets.
  • Tradeweb AllTrade made up 32% of in-comp RFQ for High Grade credit and 44% for High Yield credit year-to-date through November.
  • Kamya Somasundaram, Global Head of Aladdin Partnerships said: “We are excited to be working with Tradeweb on this next stage of our multi-year partnership.
  • Tradeweb and BlackRock plan to expand on the partnership by introducing additional phases with new features such as direct access to Tradeweb’s RFQ and Automated Intelligent Execution (AiEX) protocols.

Great-West Lifeco's board member Paula Madoff named to list of most influential corporate directors and governance experts

Retrieved on: 
Tuesday, November 7, 2023

WINNIPEG, MB, Nov. 7, 2023 /CNW/ - Great-West Lifeco today announced that its board member, Paula Madoff, has been named one of the most influential leaders in corporate governance by the National Association of Corporate Directors (NACD), a U.S. based organization, as part of their 2023 NACD Directorship 100™, an annual list of leading corporate directors and governance advocates.

Key Points: 
  • WINNIPEG, MB, Nov. 7, 2023 /CNW/ - Great-West Lifeco today announced that its board member, Paula Madoff, has been named one of the most influential leaders in corporate governance by the National Association of Corporate Directors (NACD), a U.S. based organization, as part of their 2023 NACD Directorship 100™, an annual list of leading corporate directors and governance advocates.
  • "We are delighted to congratulate Paula on receiving this prestigious award for her outstanding contributions to board governance," says Jeffrey Orr, Chair of the Board, Great-West Lifeco.
  • "We commend and thank Paula for her unwavering dedication and her trusted and insightful guidance.
  • We are privileged to have her as a member of our Board, and Chair of our Investment Committee."

Tradeweb Announces New Market Data Licensing Agreement with LSEG

Retrieved on: 
Thursday, October 26, 2023

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has signed a new market data licensing agreement with LSEG Data & Analytics (Refinitiv*) to distribute Tradeweb market data through LSEG’s Enterprise Data Solutions and Workspace.

Key Points: 
  • Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has signed a new market data licensing agreement with LSEG Data & Analytics (Refinitiv*) to distribute Tradeweb market data through LSEG’s Enterprise Data Solutions and Workspace.
  • The agreement provides Tradeweb with increased revenue and flexibility in growing its market data offering.
  • LSEG will continue to distribute Tradeweb data directly to its customers, including through its flagship financial platforms, LSEG Workspace, Datascope, LSEG Pricing Service and Tick History.
  • Some of the sets that both LSEG and Tradeweb will distribute on a non-exclusive basis include Emerging Market Interest Rates Swaps, European Convertibles, Bond Benchmark Closing Prices, AiPrice data sets, Tradeweb’s iNav Premium data, and MIFID non-delayed data.

Tradeweb Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, October 26, 2023

Credit – Revenues of $90.1 million in the third quarter of 2023 increased 15.3% compared to prior year period (13.8% increase on a constant currency basis).

Key Points: 
  • Credit – Revenues of $90.1 million in the third quarter of 2023 increased 15.3% compared to prior year period (13.8% increase on a constant currency basis).
  • Credit ADV was up 2.1% from prior year period, as strong U.S. credit volumes reflected continued client adoption across Tradeweb protocols, including request-for-quote (RFQ), Tradeweb AllTrade® and portfolio trading.
  • Equities – Revenues of $20.9 million in the third quarter of 2023 decreased 1.8% compared to prior year period (4.8% decrease on a constant currency basis).
  • Tradeweb Markets will hold a conference call to discuss third quarter 2023 results starting at 9:30 AM EDT today, October 26, 2023.

Tradeweb and FTSE Russell Announce Strategic Partnership

Retrieved on: 
Wednesday, October 25, 2023

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, and FTSE Russell, an LSEG business, today announced a strategic partnership to develop the next generation of fixed income index pricing and index trading products.

Key Points: 
  • Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, and FTSE Russell, an LSEG business, today announced a strategic partnership to develop the next generation of fixed income index pricing and index trading products.
  • The firms aim to provide next-generation pricing across a broader range of fixed income securities, which will be administered by FTSE Russell as benchmarks.
  • In the coming months, Tradeweb and FTSE Russell will continue to collaborate on fixed income pricing sets to extend coverage across multiple regions and fixed income asset classes.
  • Over time, FTSE Russell will explore incorporating Tradeweb pricing into FTSE Fixed Income indices, starting with FTSE World Government Bond Index (WGBI), a flagship index comprised of sovereign debt from over 20 countries and denominated in a variety of currencies.

Tradeweb Reports September 2023 Total Trading Volume of $31.8 Trillion and Record Average Daily Volume of $1.57 Trillion

Retrieved on: 
Wednesday, October 4, 2023

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 2023 of $31.8 trillion (tn).

Key Points: 
  • 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 2023 of $31.8 trillion (tn).
  • Average daily volume (ADV) for the month was a record $1.57tn, an increase of 30.8 percent (%) year-over-year (YoY).
  • Strong U.S. credit volumes reflected continued client adoption across Tradeweb protocols, including request-for-quote (RFQ), Tradeweb AllTrade® and portfolio trading.
  • Please refer to the report posted to https://www.tradeweb.com/newsroom/monthly-activity-reports/ for complete information and data related to our historical monthly, quarterly and yearly ADV and total trading volume across asset classes.

Tradeweb Announces JSCC Clearing for MTF and SEF Yen Swap Transactions

Retrieved on: 
Tuesday, September 19, 2023

The enhancement follows JSCC’s decision to support MTF and SEF trading, replacing a previously time-consuming and redundant confirmation (or take-up) process between the clearing house and Clearing Brokers subsequent to the execution of their clients’ Yen swap transactions.

Key Points: 
  • The enhancement follows JSCC’s decision to support MTF and SEF trading, replacing a previously time-consuming and redundant confirmation (or take-up) process between the clearing house and Clearing Brokers subsequent to the execution of their clients’ Yen swap transactions.
  • JSCC provides clearing services for listed cash and derivatives, over-the-counter (OTC) derivatives and OTC Japanese Government Bond cash and repo transactions for both domestic and foreign financial institutions.
  • Clearing volume of Yen swaps on JSCC reached JPY 1,181 trillion as of August 2023, exceeding the previous record of 2022 yearly total of JPY 1,111 trillion.
  • A year later, Tradeweb executed its first regulated Yen swap transaction on its Electronic Trading Platform (ETP) under Japan’s mandatory trading rules.

Tradeweb Reports August 2023 Total Trading Volume of $33.0 Trillion and Average Daily Volume of $1.44 Trillion

Retrieved on: 
Wednesday, September 6, 2023

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 August 2023 of $33.0 trillion (tn).

Key Points: 
  • 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 August 2023 of $33.0 trillion (tn).
  • Average daily volume (ADV) for the month was $1.44tn, an increase of 41.2 percent (%) year-over-year (YoY), including foreign exchange tailwinds.
  • Strong U.S. credit volumes reflected continued client adoption across Tradeweb protocols, including request-for-quote (RFQ), Tradeweb AllTrade® and portfolio trading.
  • Please refer to the report posted to https://www.tradeweb.com/newsroom/monthly-activity-reports/ for complete information and data related to our historical monthly, quarterly and yearly ADV and total trading volume across asset classes.

StreetWise Partners Announces The Opportunity Pledge for Tomorrow's Workforce

Retrieved on: 
Tuesday, September 5, 2023

NEW YORK and WASHINGTON, Sept. 5, 2023 /PRNewswire/ -- StreetWise Partners , a leading nonprofit organization, announced today, The Opportunity Pledge: a public commitment companies are making to build an inclusive and diverse workforce.

Key Points: 
  • NEW YORK and WASHINGTON, Sept. 5, 2023 /PRNewswire/ -- StreetWise Partners , a leading nonprofit organization, announced today, The Opportunity Pledge: a public commitment companies are making to build an inclusive and diverse workforce.
  • For the past 26 years, StreetWise Partners has enabled economic equity through innovative workforce development and mentoring programs.
  • The Opportunity Pledge is an open call for organizations to commit to advance economic equity in the workforce.
  • Companies contribute to The Opportunity Pledge in three ways: by making a tax-deductible financial contribution to StreetWise Partners to reach more jobseekers, by making a commitment to hire StreetWise Partners' graduates, and through in-kind donations such as lending office space for in-person programming.