A new strategic
partnership between FTSE Russell and Tradeweb Markets Inc. aims to develop new
fixed-income pricing and trading products. The collaboration seeks to extend
pricing coverage and explore the incorporation of new pricing sets to offer a
more efficient trading environment for fixed-income securities.
The
partnership is designed to provide more reliable and extensive pricing across a
range of fixed-income securities. FTSE Russell, the index provider, will
administer these prices as benchmarks, which will be derived from trading
activities on Tradeweb’s platform.
Therefore,
the collaboration aims to deliver algorithmic pricing that aligns closely with
actual trading levels. For example, these prices will be used as reference
rates for various financial activities, such as trade-at-close transactions and
derivatives contracts.
“Tradeweb’s
collaboration with FTSE Russell will provide clients with verified benchmarks
they can use as reliable closing prices for their end-of-day trading strategies
and other purposes,” Lisa Schirf, the Global Head of Data & Analytics
Analytics
Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt
Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt
at
Tradeweb, said. “The Tradeweb FTSE closing prices will create a foundation
across global Fixed Income markets for consistent end-of-day and intraday
prices and is another way we are investing in the electronification of the
markets.”
We are excited to announce a strategic partnership between Tradeweb and @FTSERussell to expand benchmark pricing, broaden index inclusion and enhance trading functionality across fixed income products. Find out more: https://t.co/LJ0RoOiDJ3#OnTradeweb #FixedIncome pic.twitter.com/1KkNBnUx5O
— Tradeweb (@Tradeweb) October 25, 2023
Expanding the Scope of
Index Inclusion and Trading Functionality
In the
coming months, both companies plan to extend their pricing sets to cover
multiple regions and asset classes within the fixed income sector. FTSE Russell
is also exploring possibly incorporating Tradeweb’s pricing into its fixed-income
indices. This initiative starts with the FTSE World Government Bond Index,
which comprises sovereign debt from over 20 countries and is denominated in
multiple currencies.
In
addition, Tradeweb aims to offer improved electronic trading functionalities
for FTSE Russell’s fixed-income indices. Tools and protocols like request-for-quote
(RFQ), Automated Intelligent Execution
Execution
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
tool (AiEX), and Portfolio Trading will
be employed
“With our
comprehensive suite of sophisticated Fixed Income Indices and a growing need
for innovative pricing solutions from our clients, our deeper collaboration
with Tradeweb will enable us to bring to market greater tractability and
tradability of our indices,” Scott Harman, the Head of Fixed Income Indices at
FTSE Russell, commented.
Finance Magnates yesterday reported that the company has established a partnership with Grayscale to launch new crypto indices.
Tradeweb’s Strong
Performance and Expansion
Q3 2023
marked a period of strong performance and strategic expansion for Tradeweb. The
company released its trading metrics for September 2023, revealing a total
trading volume of $31.8 trillion and a record average daily volume (ADV) of
$1.57 trillion. These numbers indicate a substantial year-over-year growth,
particularly in ADV for the third quarter.
Market |
Total Volume (Trillions) |
ADV (Billions) |
Rates |
$15.7 |
$785 |
Credit |
$12.5 |
$625 |
Equities |
$2.5 |
$125 |
Money Markets |
$1.1 |
$55 |
Total |
$31.8 |
$1,590 |
Source: Tradeweb
In addition
to its strong trading metrics, Tradeweb has also finalized its A$125 million
all-cash acquisition of Yieldbroker, an Australian platform specializing in
government bonds and interest rate derivatives.
Today we announced that Tradeweb has completed its acquisition of Yieldbroker, a leading Australian trading platform. Together, we look forward to seamlessly connecting markets in Australia and New Zealand with our global network of clients and dealers. Read more:… pic.twitter.com/nBamUC7xTG
— Tradeweb (@Tradeweb) August 31, 2023
This acquisition allows
Tradeweb to extend its reach into the Asia-Pacific debt market, offering its
clients new opportunities for diversification and growth.
A new strategic
partnership between FTSE Russell and Tradeweb Markets Inc. aims to develop new
fixed-income pricing and trading products. The collaboration seeks to extend
pricing coverage and explore the incorporation of new pricing sets to offer a
more efficient trading environment for fixed-income securities.
The
partnership is designed to provide more reliable and extensive pricing across a
range of fixed-income securities. FTSE Russell, the index provider, will
administer these prices as benchmarks, which will be derived from trading
activities on Tradeweb’s platform.
Therefore,
the collaboration aims to deliver algorithmic pricing that aligns closely with
actual trading levels. For example, these prices will be used as reference
rates for various financial activities, such as trade-at-close transactions and
derivatives contracts.
“Tradeweb’s
collaboration with FTSE Russell will provide clients with verified benchmarks
they can use as reliable closing prices for their end-of-day trading strategies
and other purposes,” Lisa Schirf, the Global Head of Data & Analytics
Analytics
Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt
Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt
at
Tradeweb, said. “The Tradeweb FTSE closing prices will create a foundation
across global Fixed Income markets for consistent end-of-day and intraday
prices and is another way we are investing in the electronification of the
markets.”
We are excited to announce a strategic partnership between Tradeweb and @FTSERussell to expand benchmark pricing, broaden index inclusion and enhance trading functionality across fixed income products. Find out more: https://t.co/LJ0RoOiDJ3#OnTradeweb #FixedIncome pic.twitter.com/1KkNBnUx5O
— Tradeweb (@Tradeweb) October 25, 2023
Expanding the Scope of
Index Inclusion and Trading Functionality
In the
coming months, both companies plan to extend their pricing sets to cover
multiple regions and asset classes within the fixed income sector. FTSE Russell
is also exploring possibly incorporating Tradeweb’s pricing into its fixed-income
indices. This initiative starts with the FTSE World Government Bond Index,
which comprises sovereign debt from over 20 countries and is denominated in
multiple currencies.
In
addition, Tradeweb aims to offer improved electronic trading functionalities
for FTSE Russell’s fixed-income indices. Tools and protocols like request-for-quote
(RFQ), Automated Intelligent Execution
Execution
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
tool (AiEX), and Portfolio Trading will
be employed
“With our
comprehensive suite of sophisticated Fixed Income Indices and a growing need
for innovative pricing solutions from our clients, our deeper collaboration
with Tradeweb will enable us to bring to market greater tractability and
tradability of our indices,” Scott Harman, the Head of Fixed Income Indices at
FTSE Russell, commented.
Finance Magnates yesterday reported that the company has established a partnership with Grayscale to launch new crypto indices.
Tradeweb’s Strong
Performance and Expansion
Q3 2023
marked a period of strong performance and strategic expansion for Tradeweb. The
company released its trading metrics for September 2023, revealing a total
trading volume of $31.8 trillion and a record average daily volume (ADV) of
$1.57 trillion. These numbers indicate a substantial year-over-year growth,
particularly in ADV for the third quarter.
Market |
Total Volume (Trillions) |
ADV (Billions) |
Rates |
$15.7 |
$785 |
Credit |
$12.5 |
$625 |
Equities |
$2.5 |
$125 |
Money Markets |
$1.1 |
$55 |
Total |
$31.8 |
$1,590 |
Source: Tradeweb
In addition
to its strong trading metrics, Tradeweb has also finalized its A$125 million
all-cash acquisition of Yieldbroker, an Australian platform specializing in
government bonds and interest rate derivatives.
Today we announced that Tradeweb has completed its acquisition of Yieldbroker, a leading Australian trading platform. Together, we look forward to seamlessly connecting markets in Australia and New Zealand with our global network of clients and dealers. Read more:… pic.twitter.com/nBamUC7xTG
— Tradeweb (@Tradeweb) August 31, 2023
This acquisition allows
Tradeweb to extend its reach into the Asia-Pacific debt market, offering its
clients new opportunities for diversification and growth.