The deal is set to conclude in Q1 2024, pending closing conditions and regulatory approvals.
Tradeweb's platform currently manages an average daily U.S. Treasury trading volume of $142.7 billion.
Tradeweb
Markets Inc. (Nasdaq: TW), an operator of electronic marketplaces, has
announced a definitive agreement to acquire r8fin, a technology provider based
in Chicago that specializes in
algorithmic-based execution for U.S. Treasuries and interest rate futures.
Cross-Market
Connectivity: Tradeweb's Strategy
Founded
in 2016, r8fin offers algorithmic-based tools and a thin-client execution
management system trading application to facilitate futures and cash trades.
This acquisition enhances Tradeweb's existing offerings, including Dealerweb
Active Streams, Dealerweb Central Limit Order Book, Tradeweb Request-for-Quote,
and Tradeweb AiEX, providing an inclusive approach to trading U.S. Treasuries
and related futures.
Tradeweb
anticipates the acquisition to enhance revenue growth, operating margins, and
be accretive to 2024 earnings per share. The deal is expected to close in the
first quarter of 2024, subject to customary closing conditions and regulatory
approvals.
Billy Hult, CEO, Tradeweb, Source: LinkedIn
The CEO, Billy Hult expressed optimism about the acquisition: "r8fin
technology will help Tradeweb reach a new and differentiated level of
intelligent execution through a powerful combination of algorithmic technology
and cross-market connectivity." He emphasized the strategic vision to
deliver an integrated product suite for accessing the U.S. Treasury market
across various liquidity pools.
r8fin serves 65 relative value hedge funds, systematic hedge funds,
professional trading firms, and primary dealers. Its technology facilitates
algorithmic-based execution for an average of more than $23 billion notional in
U.S. Treasury bonds and 350,000 futures contracts per day.
Tradeweb,
an electronic trading platform for U.S. Treasuries, launched the first
multi-dealer online marketplace for U.S. Treasuries 25 years ago. It currently
facilitates an average of $142.7 billion per day in U.S. Treasury trading.
Assad
Fehmy, the Co-Founder of r8fin, expressed excitement about the collaboration: "Combining with Tradeweb will further amplify and scale the r8fin
technology, providing customers with broader integrated execution solutions and
asset classes." Fehmy is set to join Tradeweb upon the
closing of the acquisition.
Yieldbroker Acquisition:
Tradeweb's Move in Sovereign Bond Markets
Earlier,
Tradeweb
Markets Inc. concluded its acquisition of Yieldbroker, an Australian
trading platform specializing in government bonds and interest rate
derivatives, in an all-cash deal for the sum of A$125 million, Finance Magnates reported. The
strategic move enables Tradeweb clients to access the Asia-Pacific (APAC) debt
market.
The transaction was finalized three months after the initial announcement,
with the deal subject to stockholder approval, final documentation, and
regulatory reviews.
This
acquisition aligns Australia and New Zealand's markets with Tradeweb's presence,
bridging the APAC region's growing financial landscape with Tradeweb's offerings.
Yieldbroker, known for its electronic auction platform for government bonds,
was founded by key players in the region's pension fund and sovereign bond
markets.
Tradeweb
Markets Inc. (Nasdaq: TW), an operator of electronic marketplaces, has
announced a definitive agreement to acquire r8fin, a technology provider based
in Chicago that specializes in
algorithmic-based execution for U.S. Treasuries and interest rate futures.
Cross-Market
Connectivity: Tradeweb's Strategy
Founded
in 2016, r8fin offers algorithmic-based tools and a thin-client execution
management system trading application to facilitate futures and cash trades.
This acquisition enhances Tradeweb's existing offerings, including Dealerweb
Active Streams, Dealerweb Central Limit Order Book, Tradeweb Request-for-Quote,
and Tradeweb AiEX, providing an inclusive approach to trading U.S. Treasuries
and related futures.
Tradeweb
anticipates the acquisition to enhance revenue growth, operating margins, and
be accretive to 2024 earnings per share. The deal is expected to close in the
first quarter of 2024, subject to customary closing conditions and regulatory
approvals.
Billy Hult, CEO, Tradeweb, Source: LinkedIn
The CEO, Billy Hult expressed optimism about the acquisition: "r8fin
technology will help Tradeweb reach a new and differentiated level of
intelligent execution through a powerful combination of algorithmic technology
and cross-market connectivity." He emphasized the strategic vision to
deliver an integrated product suite for accessing the U.S. Treasury market
across various liquidity pools.
r8fin serves 65 relative value hedge funds, systematic hedge funds,
professional trading firms, and primary dealers. Its technology facilitates
algorithmic-based execution for an average of more than $23 billion notional in
U.S. Treasury bonds and 350,000 futures contracts per day.
Tradeweb,
an electronic trading platform for U.S. Treasuries, launched the first
multi-dealer online marketplace for U.S. Treasuries 25 years ago. It currently
facilitates an average of $142.7 billion per day in U.S. Treasury trading.
Assad
Fehmy, the Co-Founder of r8fin, expressed excitement about the collaboration: "Combining with Tradeweb will further amplify and scale the r8fin
technology, providing customers with broader integrated execution solutions and
asset classes." Fehmy is set to join Tradeweb upon the
closing of the acquisition.
Yieldbroker Acquisition:
Tradeweb's Move in Sovereign Bond Markets
Earlier,
Tradeweb
Markets Inc. concluded its acquisition of Yieldbroker, an Australian
trading platform specializing in government bonds and interest rate
derivatives, in an all-cash deal for the sum of A$125 million, Finance Magnates reported. The
strategic move enables Tradeweb clients to access the Asia-Pacific (APAC) debt
market.
The transaction was finalized three months after the initial announcement,
with the deal subject to stockholder approval, final documentation, and
regulatory reviews.
This
acquisition aligns Australia and New Zealand's markets with Tradeweb's presence,
bridging the APAC region's growing financial landscape with Tradeweb's offerings.
Yieldbroker, known for its electronic auction platform for government bonds,
was founded by key players in the region's pension fund and sovereign bond
markets.
One in Five Quant Firms Lacks Backup Market Data as Volatility Surges, Study Finds
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
