Tradeweb sees strong volumes in July
09 August 2018 New York
Image: Shutterstock
Tradeweb has continued to see strong volumes in July, a Tradeweb Markets monthly activity report revealed.
The report found that July trading volumes on Tradeweb Markets reached $518 billion average daily volume, which was a 41 percent increase from July 2017.
As the summer trading鈥檚 begun to take hold, volumes were down from June鈥檚 record of $590 billion average daily volume.
Meanwhile, the report also found that derivatives trading continued to see significant growth this year.
All three derivative product lines including rates, credit, and equities, saw volumes more than double in 2017 year-to-date.
Additionally, fixed income bond trading continued to remain strong, with US treasury trading exceeding $65 billion per day, up 34 percent vs. July 2017.
There was similar year-to-year growth in other cash products, including European government bonds (29 percent), US high-grade (32 percent), US high-yield (48 percent), and European corporate bonds (23 percent).
According to Tradeweb, the success of the bilateral dealer-to-client repo platform continues to drive growth in the money market business.
Tradeweb also found that total repo activity exceeded $20 trillion year-to-date, on track for its best year since at least 2010.
Elsewhere, exchange-traded funds (ETFs) were up 29 percent during the month, compared to July last year, and European ETFs were up over 36 percent compared to July last year.
The report found that July trading volumes on Tradeweb Markets reached $518 billion average daily volume, which was a 41 percent increase from July 2017.
As the summer trading鈥檚 begun to take hold, volumes were down from June鈥檚 record of $590 billion average daily volume.
Meanwhile, the report also found that derivatives trading continued to see significant growth this year.
All three derivative product lines including rates, credit, and equities, saw volumes more than double in 2017 year-to-date.
Additionally, fixed income bond trading continued to remain strong, with US treasury trading exceeding $65 billion per day, up 34 percent vs. July 2017.
There was similar year-to-year growth in other cash products, including European government bonds (29 percent), US high-grade (32 percent), US high-yield (48 percent), and European corporate bonds (23 percent).
According to Tradeweb, the success of the bilateral dealer-to-client repo platform continues to drive growth in the money market business.
Tradeweb also found that total repo activity exceeded $20 trillion year-to-date, on track for its best year since at least 2010.
Elsewhere, exchange-traded funds (ETFs) were up 29 percent during the month, compared to July last year, and European ETFs were up over 36 percent compared to July last year.
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