New Dealerweb managing director will be responsible for driving the development of the fixed income central limit order book following the Nasdaq acquisition.
The fully electronic institutional SOFR swap spread trade between JP Morgan and BlackRock took place on the Tradeweb swap execution facility.
Nasdaq and Tradeweb confirmed in February that they had entered into a definitive agreement for Tradeweb to purchase Nasdaq’s fixed income business.
The Brazilian real interest rate swap executed by BNP Paribas on Tradeweb marks the bank’s commitment to growing its electronic emerging markets footprint.
As an official partner of the Climate Bonds Initiative, Tradeweb will promote its green bond trading and provide more transparency on green bond volumes.
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.