Tradeweb’s Volume in May Reached $19.6 Trillion

Tradeweb Markets, a Nasdaq-listed company, announced its trading volumes for May 2021 yesterday. The operator saw a jump of 23.9% YoY in the average daily volume (ADV) during May 2021 as the total ADV touched $980.4 billion.

Overall, Tradeweb reported $19.6 trillion in trading volume for the last month. The operator of electronic marketplaces started this year with $20 trillion in trading volume for January 2021.

Commenting on the latest numbers, Lee Olesky, CEO of Tradeweb, said: “The secular trend towards more electronic trading and digital workflows continued at an accelerated pace in May. While Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term in many markets was lower compared to May 2020, each of our asset classes showed signs of greater adoption as Tradeweb’s average daily volume for the month was up 24% year over year. This broad momentum demonstrates just how vital electronic trading has become to client workflows."

In terms of Credit division, the European Credit ADV reached $1.7 billion, which was up 46.7% compared to the same period in 2020. Tradeweb also reported an increase of 6% in the US Credit ADV as the number reached $5.6 billion.

Equities

Tradeweb saw a jump in the US ETF ADV and the European ETF ADV during May 2021. US ETF ADV spiked nearly 51.5% YoY and touched $5.7 billion while the European ETF ADV reached $2.3 billion, which is an increase of 41% compared to the same period in 2020.

“Swaps Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Read this Term volumes were driven by record institutional SEF market share and continued engagement from international clients, across protocols and in both developed and emerging markets. In U.S. Credit, Tradeweb’s share of fully electronic HighGrade TRACE was 11.2% in May, the second-highest month for Tradeweb, of which a record share was driven by client activity in AllTrade. In addition, Tradeweb facilitated a record $369.3bn in Repurchase Agreements,” the operator added.

In April 2021, Tradeweb collaborated with Amazon Web Services (AWS) to enhance data access. The operator has reported consistent growth in volumes since the start of 2021.