The Tradeweb data will be added to the waterfall methodology of ICE Term SONIA reference rates for expected SONIA rates over one, three, and six-month tenor periods.
The first electronic invoice spread trade on Tradeweb was executed on the platform between Capula Investment Management with JP Morgan acting as the liquidity provider.
David Everson and Rosie Wood depart Tradeweb to join TP ICAP's Matchbook Credit EMEA business.
Former head of Asia at Tradeweb, Andrew Bernard, will join the BTON Financial advisory board as part of the firm's strategic hiring plan.
Tradeweb will use the market surveillance platform from Nasdaq to monitor trading in US treasuries, mortgage-backed securities and swaps via Dealerweb.
Tradeweb founder Jim Toffey worked with Broadridge to create the new bond trading platform using AI technology.
As portfolio trading becomes more popular among buy-side traders, research has warned a large portfolio trade could increase risks around the CSDR buy-in regime if a single trade fails.
Tradeweb has seen a surge in portfolio trading among its clients as traders look to engage in an increasingly volatile market environment.
Mike Thorpe will head up sales for Mosaic Smart Data after 14 years with Tradeweb.
Portfolio trading has been increasing in popularity with the buy-side amid the launch of Tradeweb’s platform for US credit bonds earlier this year.