Tradeweb Market Sees 14.6% Volume Uptick in April

Tradeweb Markets, an online fixed-income Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, has reported that it handled an average daily volume (ADV) of $763.4 billion in April - a 14.6 percent increase in the year-over-year (YoY) numbers.

Announced on Tuesday, the platform detailed that the ADV of US government bonds increased by 16.7 percent YoY, touching $89 billion while trading of European government bonds jumped 23.4 percent year on year to $27.3 billion.

Mortgage ADV was up 2.9 percent YoY to $173.9 billion, and a 17.2 percent YoY increase in rates derivatives ADV to $199.7 billion.

The platform highlighted that mortgage trades were pumped by the active TBA markets, and activity in longer maturities via compression trading, although declining Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term weighed somewhat on relative value trading influenced the rates derivatives growth.

Market volatility has brought the best out of traders

The report also detailed that ADV for US credit was up by 54.7 percent YoY to $5 billion and European credit by 13 percent to $1.5 billion. The platform also recorded 139 percent YoY uptick in the credit derivatives ADV to $12.7 billion and a 14.3 percent increase in municipal bond ADV with $290 million.

In the equities market, the US ETF ADV reached $4.7 billion - an increase of 90.2 percent - while trading of a similar instrument of the European market increased 25.4 percent.

Tradeweb explained that the increase in April has resulted from the sell-off in March as the market is trying to normalize.

“April was a strong month for Tradeweb across all asset classes. Following historic volatility and volumes in March, activity was more normalized but was still higher than any prior April on record. Our clients are adjusting their workflows for the longer term, and we are seeing accelerated adoption of electronic protocols and processing,” Lee Olesky, CEO of Tradeweb Markets said.