The buy-side focused platform will initially focus on USD rates and credits, and combines TT’s fixed income, futures and FX onto a single screen through integrating ICE’s market and reference data.
The new offering integrates Tradeweb’s historical and intraday data with analytics from its fixed income pricing engine; further asset class expansion is expected to follow.
The proposals specifically focus on rules 611 and 610 (e), which span the ‘trade-through rule’ and ‘locked’ and ‘crossed’ market restrictions, and aim to better align regulation with modernising US equity markets.
HSBC, BNP Paribas, Citadel Securities, CME Ventures and Broadridge among investors backing latest round as focus shifts to regulated blockchain market infrastructure.
The offering – which leverages MarketAxess’ RFQ-hub platform – will allow OptimX users to initiate RFQs and engage with liquidity providers within existing workflows.
The offering will allow institutional investors to estimate counterparty price commitment prior to indicating intent to trade; T.Rowe Price has signed on as an anchor client, The TRADE understands.
New positions across the past week include an exchange head of clearing, as well as two hires to support the growth of US institutional ETF trading, and a sell-side algo trader appointment.
The new solution – RealQ – aligns with the firm’s objective to create a combined dealer-to-client (D2C) credit business, following the acquisition of Neptune Networks in June 2025.
The two additions span a new head of US institutional ETF sales trading and a US ETF sales trader, and are set to support Optiver’s expansion across the ecosystem.
The firm will initially enable OTC FX options; collaboration with SGX FX is expected to expand further in the future to enable institutional liquidity provision and execution choice across additional FX products.