Total trading volume on Tradeweb Markets,
a NASDAQ-listed operator of electronic marketplaces for rates, credit, equities
and money markets, dropped -16% in July.
The volumes slumped from $26.1 trillion
recorded in June to $22 trillion last month.
The volumes had climbed 4.4% from
$25 trillion in May to reach June’s figure.
These are according to data contained in the July
2022 monthly activity report published by
Tradeweb on Wednesday.
The data shows that Tradeweb’s average
daily volume (ADV) fell by 12.1% to July’s $1.09 trillion. At the end of June, Tradeweb had recorded a ADV of $1.24
trillion.
However, on a year-over-year basis, Tradeweb’s ADV surged by 12% to $1.09 trillion in July. Also, Tradeweb’s average daily trades in
July stood at 93,509.
Tradeweb said it recorded the double digit
growth “amidst a complex macroeconomic background”.
The institutional wholesale and retail
marketplace further noted that the background was “driven by evolving central
bank policy, sustained elevated volatility, a strong dollar and rising economic
concerns.”
Total trading volume on Tradeweb Markets,
a NASDAQ-listed operator of electronic marketplaces for rates, credit, equities
and money markets, dropped -16% in July.
The volumes slumped from $26.1 trillion
recorded in June to $22 trillion last month.
The volumes had climbed 4.4% from
$25 trillion in May to reach June’s figure.
These are according to data contained in the July
2022 monthly activity report published by
Tradeweb on Wednesday.
The data shows that Tradeweb’s average
daily volume (ADV) fell by 12.1% to July’s $1.09 trillion. At the end of June, Tradeweb had recorded a ADV of $1.24
trillion.
However, on a year-over-year basis, Tradeweb’s ADV surged by 12% to $1.09 trillion in July. Also, Tradeweb’s average daily trades in
July stood at 93,509.
Tradeweb said it recorded the double digit
growth “amidst a complex macroeconomic background”.
The institutional wholesale and retail
marketplace further noted that the background was “driven by evolving central
bank policy, sustained elevated volatility, a strong dollar and rising economic
concerns.”
