Tradeweb Reports August Trading Volume of $15.7 Trillion
Summary
NEW YORK--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total August trading volume of $15.7 trillion. Lee Olesky, Tradeweb CEO, said: “Two important themes defined our activity in August – accelerated electronification among our clients and a stronger competitive position despite historically low volatility. In addition, electronic trading of Treasury Bonds (maturity > 10 years) set an ADV record. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. On average, Tradeweb facilitated more than $790 billion in notional value traded per day over the past four fiscal quarters.