Tradeweb Markets, a NASDAQ-listed operator of
digital marketplaces for charges, credit score, equities and cash markets,
generated a turnover of $23.2 trillion in November 2022. This represents a 9%
acquire from its $21.3 trillion turnover in October.
The operator’s common day by day quantity (ADV) additionally
elevated by 7% to $1.13 trillion, up from $1.05 trillion in October however
down 3.7% year-over-year (YoY).
Right this moment we reported complete November 2022 buying and selling quantity of $23.2tn and common day by day quantity of $1.13tn.
Learn extra right here: https://t.co/20af68AJwW pic.twitter.com/jFceD6L5hU
— Tradeweb (@Tradeweb) December 5, 2022
Tradeweb’s efficiency in November displays the
undulating turnover volumes the operator has been recording since July. In
July, the operator’s complete buying and selling quantity declined
-16% to $22 trillion, then grew
by 6% to $23.4 trillion in August and additional shot up by 7.3% to
$25.1 trillion in September. Nonetheless, in October, Tradeweb misplaced this
two-month acquire, relapsing
to $21.3 trillion earlier than returning a acquire
final month (November).
Market-by-Market Evaluation
Within the charges market, the ADV of trades in US
authorities bonds rose by 7% from $128.1 billion in October to $137 billion final
month. Nonetheless, the day by day common dropped by -5.2% YoY. Quite the opposite, day by day
common trades in European authorities bonds went down -9% MoM and -1% YoY to
$34.3 billion.
Within the credit score market, the ADV of absolutely
digital US credit score rose by 4.5% MoM and 16.6% YoY to $4.6 billion whereas the European credit score ADV jumped 6% to $1.8 billion however dropped -3.6% YoY. Then again, credit score derivatives on this market slumped -33% to $15.9 billion, down from $10.7
billion within the prior month. Regardless, on a year-over-year foundation, the November
credit score derivatives day by day common represents an 8.4% improve.
Within the equities market, the day by day common quantity
of US exchange-traded funds dropped -13% to $6.7 billion however climbed 21.3% YoY.
In the identical vein, the European ETF ADV shot up 10% MoM to $2.3 billion however
declined -6.3% YoY.
Within the cash markets, the ADV of repurchase
agreements elevated by 6% MoM and 13.6% YoY to $395.6 billion, up from $373.3
billion within the prior month.
“[In November], we continued to assist our shoppers
navigate a posh macroeconomic backdrop, together with evolving central financial institution
coverage, sustained elevated volatility, financial considerations and a powerful U.S.
greenback (USD),” Tradeweb famous in a press assertion.
Tradeweb Markets, a NASDAQ-listed operator of
digital marketplaces for charges, credit score, equities and cash markets,
generated a turnover of $23.2 trillion in November 2022. This represents a 9%
acquire from its $21.3 trillion turnover in October.
The operator’s common day by day quantity (ADV) additionally
elevated by 7% to $1.13 trillion, up from $1.05 trillion in October however
down 3.7% year-over-year (YoY).
Right this moment we reported complete November 2022 buying and selling quantity of $23.2tn and common day by day quantity of $1.13tn.
Learn extra right here: https://t.co/20af68AJwW pic.twitter.com/jFceD6L5hU
— Tradeweb (@Tradeweb) December 5, 2022
Tradeweb’s efficiency in November displays the
undulating turnover volumes the operator has been recording since July. In
July, the operator’s complete buying and selling quantity declined
-16% to $22 trillion, then grew
by 6% to $23.4 trillion in August and additional shot up by 7.3% to
$25.1 trillion in September. Nonetheless, in October, Tradeweb misplaced this
two-month acquire, relapsing
to $21.3 trillion earlier than returning a acquire
final month (November).
Market-by-Market Evaluation
Within the charges market, the ADV of trades in US
authorities bonds rose by 7% from $128.1 billion in October to $137 billion final
month. Nonetheless, the day by day common dropped by -5.2% YoY. Quite the opposite, day by day
common trades in European authorities bonds went down -9% MoM and -1% YoY to
$34.3 billion.
Within the credit score market, the ADV of absolutely
digital US credit score rose by 4.5% MoM and 16.6% YoY to $4.6 billion whereas the European credit score ADV jumped 6% to $1.8 billion however dropped -3.6% YoY. Then again, credit score derivatives on this market slumped -33% to $15.9 billion, down from $10.7
billion within the prior month. Regardless, on a year-over-year foundation, the November
credit score derivatives day by day common represents an 8.4% improve.
Within the equities market, the day by day common quantity
of US exchange-traded funds dropped -13% to $6.7 billion however climbed 21.3% YoY.
In the identical vein, the European ETF ADV shot up 10% MoM to $2.3 billion however
declined -6.3% YoY.
Within the cash markets, the ADV of repurchase
agreements elevated by 6% MoM and 13.6% YoY to $395.6 billion, up from $373.3
billion within the prior month.
“[In November], we continued to assist our shoppers
navigate a posh macroeconomic backdrop, together with evolving central financial institution
coverage, sustained elevated volatility, financial considerations and a powerful U.S.
greenback (USD),” Tradeweb famous in a press assertion.
