Tag: Tradeweb Markets

Announced in April, the $785 million transaction will see Tradeweb add corporate treasury professionals as a fourth client channel.

The move will help bring increased liquidity, transparency and efficiency to Australian and New Zealand fixed income markets.

If a definitive agreement is reached, Tradeweb anticipates that the acquisition would be an all-cash transaction with a purchase price of $82.7 million.

The past week saw an appointment from Tradeweb Markets, alongside departures from Citi, Fidelity Investments and VTB Capital.

Incoming individual will replace Billy Hult as he assumes the role of chief executive officer, replacing Lee Olesky who confirmed last year he would be stepping down.

The pair will develop solutions that link trading workflows in emerging markets bonds and emerging markets currency swaps.

Among the new functionalities are the additions of trade on spread at market close and the increase in the line item capacity.

New service will use machine learning and proprietary data science to provide pricing on approximately 880,000 bonds.

Record total revenue of $1.1 billion was driven by average daily trading volume of more than $1 trillion.

James Sun joins Tradeweb as head of Asia after over four years at Harvest Global Investments as chief executive officer.