The package includes interest rate swaps, inflation swaps and government bonds.
Global operator of electronic marketplaces Tradeweb Markets Inc. announced this Wednesday that it has launched a multi-asset package (MAP) trading on its global Interest Rate Swaps (IRS) platform.
Tradeweb, which operates in the rates, credit, equities and money markets, has launched this package to streamline the simultaneous execution of interest rate swaps, inflation swaps, and government bonds, the statement said.
In addition to announcing the launch of its new package, the marketplace operator also revealed that the first multi-asset package transaction using in-competition request-for-quote (RFQ) has taken place between Legal & General Investment Management (LGIM) and Bank of America Merrill Lynch.
Commenting on the launch, Lee Olesky, the CEO of Tradeweb Markets said: “Our MAP functionality is a clear demonstration of Tradeweb’s unique ability to enhance the trading experience for our clients, and connect the buy-side with deep liquidity pools across asset classes on a single electronic venue, and in this case a single trade. Tradeweb’s strategic approach continues to be focused on building robust and efficient trading solutions that advance our markets globally.”
Building upon the net present value (NPV) list trading tool, the Tradeweb MAP enables clients to gain access to competitive pricing, increased execution speed for multi-asset packages. The new functionality can also reduce manual booking errors, the company said in the statement.
For each instrument in the package, the company uses its live market data to present buy-side trading desks with Analytics and pricing. Furthermore, Tradeweb automatically sends swaps transactions for clearing and bond transactions for booking.
“The Global Trading team at LGIM is constantly looking for ways to innovate, and ultimately improve client outcomes,” added Phil Hunter, head of rates trading at Legal & General Investment Management.
“The Tradeweb MAP functionality helps LGIM reduce trading costs and achieve straight-through processing, while also ensuring that enhanced best execution requirements under MiFID II are being met.”
Global operator of electronic marketplaces Tradeweb Markets Inc. announced this Wednesday that it has launched a multi-asset package (MAP) trading on its global Interest Rate Swaps (IRS) platform.
Tradeweb, which operates in the rates, credit, equities and money markets, has launched this package to streamline the simultaneous execution of interest rate swaps, inflation swaps, and government bonds, the statement said.
In addition to announcing the launch of its new package, the marketplace operator also revealed that the first multi-asset package transaction using in-competition request-for-quote (RFQ) has taken place between Legal & General Investment Management (LGIM) and Bank of America Merrill Lynch.
Commenting on the launch, Lee Olesky, the CEO of Tradeweb Markets said: “Our MAP functionality is a clear demonstration of Tradeweb’s unique ability to enhance the trading experience for our clients, and connect the buy-side with deep liquidity pools across asset classes on a single electronic venue, and in this case a single trade. Tradeweb’s strategic approach continues to be focused on building robust and efficient trading solutions that advance our markets globally.”
Building upon the net present value (NPV) list trading tool, the Tradeweb MAP enables clients to gain access to competitive pricing, increased execution speed for multi-asset packages. The new functionality can also reduce manual booking errors, the company said in the statement.
For each instrument in the package, the company uses its live market data to present buy-side trading desks with Analytics and pricing. Furthermore, Tradeweb automatically sends swaps transactions for clearing and bond transactions for booking.
“The Global Trading team at LGIM is constantly looking for ways to innovate, and ultimately improve client outcomes,” added Phil Hunter, head of rates trading at Legal & General Investment Management.
“The Tradeweb MAP functionality helps LGIM reduce trading costs and achieve straight-through processing, while also ensuring that enhanced best execution requirements under MiFID II are being met.”
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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