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Tradeweb's October Average Daily Volume Jumps 66%, Driven by Market Volatility

Tradeweb's October Average Daily Volume Jumps 66%, Driven by Market Volatility
The US-based electronic marketplace Tradeweb Markets reported a total trading volume of $37.2 trillion in October 2023. Its average daily volume (ADV) for the month was $1.75 trillion, marking a staggering increase of 66.3% year-over-year (YoY). This record-breaking volume was fueled by expanding participation from various client sectors and sustained market volatility, partly driven by high interest rates.The ADV for US government bonds surged 27.7% YoY, reaching $163.7 billion. European govern... Read More
Posted: Nov 3 2023, 18:02
Author Name: financemagnates
Views: 112137

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