Portfolio trading at Tradeweb improves execution efficiency by allowing institutions to package multiple bonds into a single basket, negotiate a portfolio level price with liquidity providers including banks and principal trading firms, and execute in a single transaction. Tradeweb was the first trading platform to offer portfolio trading for corporate bonds and has facilitated a total
The new Tradeweb functionality allows institutional clients to submit a portfolio trade to multiple liquidity providers simultaneously. Clients choose the number of liquidity providers for each trade, which allows them to balance the potential for price improvement and limiting information leakage. In addition, clients can include both buy and sell orders for individual bonds within the same portfolio trade, making the protocol more flexible when handling various types of fund flows and managing transition trades. In the coming weeks, Tradeweb will extend the availability of the portfolio trading protocol to its institutional marketplace in
“Portfolio trading is fast becoming a vital new liquidity source for institutional clients seeking to trade large, complex baskets efficiently,” said
Integration with unique Tradeweb innovations throughout the full trade lifecycle supports Tradeweb portfolio trades. Pricing and spread analytics are powered by Ai-Price, which delivers real-time reference pricing for more than 18,000 corporate bonds. Post-trade, portfolio trades benefit from net-spotting, a service that compresses interest rate risk through seamless hedging on Tradeweb’s U.S. Treasury marketplace, providing clients with the opportunity to reduce their transaction costs.
So far this year2, Tradeweb has facilitated an average 11.8% of high grade TRACE volume and over
This release contains forward-looking statements within the meaning of the federal securities laws. Statements related to, among other things, the expected timing and availability of Tradeweb’s portfolio trading functionality, our future performance, the markets in which we operate, our expectations, beliefs, plans, strategies, objectives, prospects and assumptions and future events are forward-looking statements.
We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. Such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors, including those discussed under the heading “Risk Factors” in our prospectus filed with the
Any forward-looking statement that we make in this release speaks only as of the date of such statement. Except as required by law, we do not undertake any obligation to update or revise any of the forward-looking statements after the date of this release.
1 As of
2 See prior footnote
Hannah Randall Akeel
+1 646 430 6173