Collaboration with Amazon Web Services will broaden access to Tradeweb’s US treasury and UK gilt closing price data through the AWS Data Exchange cloud platform.
The trade with JP Morgan was the first fully electronic standardised total return swap based on IHS Markit’s iBoxx UDS liquid high grade index at Tradeweb.
The launch of the Indian Rupee interest rate swaps comes as Tradeweb expands its emerging market offering.
Total trading volume for February also rose to $20.4 trillion across electronic marketplaces at Tradeweb after it passed the $20 trillion mark for the first time in January.
Total trading volume for January at Tradeweb reached a record $20 trillion across its electronic marketplaces for rates, credit, equities and money markets.
Nasdaq’s central limit order book for electronic trading in on-the-run US treasuries will serve Tradeweb’s wholesale sector via Dealerweb.
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.