Tradeweb Markets Posts 10.7% YoY Jump in February ADV

Tradeweb Markets (Nasdaq: TW), the operator of electronic marketplaces for rates, credit, equities and money markets, on Thursday published its trading metrics for February, reporting the average daily volume (ADV) of $1.17 trillion. This figure is 10.7 percent higher when compared year-over-year and a 4.5 percent jump on a monthly basis.

The total trading volume on the platform came in at $22.6 trillion, which is marginally higher than the previous month’s $22.3 trillion.

“In February, Tradeweb set new ADV records in both US and European government bond trading, as well as fully electronic US High Grade credit and emerging market swaps Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Read this Term,” the company noted.

High Demand Across Markets

Indeed, the ADV for US government bonds increased by 30.4 percent year-over-year to $153.8 billion, while the European government bond ADV jumped 24.9 percent to $42 billion. The platform cited strong client activity in institutional and wholesale markets behind the surge in demand.

However, Mortgage ADV decreased 20.9 percent to $184.5 billion.

Moreover, trading demand across credit, equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term and money markets showed a strong upward trend. Fully electronic US Credit ADV jumped 27 percent year-over-year, but the European credit ADV saw a marginal surge of 1 percent. Also, credit derivatives ADV jumped by 80.5 percent to $16.8 billion.

US and European ETF ADVs saw an increase of 80 percent and 29.6 percent, respectively. Furthermore, the repurchase agreement ADV jumped by 2.6 percent to $352.6 billion.

Founded in 1996, Tradeweb Markets is listed on Nasdaq. The operator saw consistent growth in volumes across key metrics in 2021. Credit, Equities and Money Markets experienced strong demand over the recent months.

Last month, the company made some key changes to its top leadership. Co-founder, Lee Olesky took over as the Chairman of the Board, whereas William Hult has been named as the CEO, effective from next year.