|
Tradeweb Markets LLC (Tradeweb) is an international financial services company that builds and operates electronic over-the-counter (OTC) marketplaces for companies that trade fixed income products and derivatives. The company was founded in 1998 by Jim Toffey and now serves a variety of institutions, a network that includes the largest banks, asset managers, central banks, pension funds, and insurance companies. Since its founding, Tradeweb has grown into a global company that operates across multiple currencies and in numerous countries. Its focus is on applying technology to drive greater efficiency, transparency, and overall performance for institutions that trade fixed income and derivatives products. ==History== Tradeweb launched its first multi-dealer online marketplace for U.S. Treasuries in 1998. In 2000, the firm opened its London office and launched marketplaces for trading European government bonds and agencies. The firm was privately held until 2004, when it was acquired by The Thomson Corporation. Tradeweb established its Tokyo office in 2005. Thus began a partnership with CanDeal to launch Canadian Debt Securities trading. In the same year, the firm grew by introducing marketplaces for interest rate swaps, credit default swap indices, and repo. In 2006, Tradeweb Retail was established as the firm entered the retail fixed income marketplace through the acquisition of Lever-Trade, a provider of web-based fixed income management systems for the retail marketplace. In 2007, Thomson Financial, a unit of The Thomson Corporation, announced its plans to expand electronic trading by creating a strategic partnership with nine other global dealers through Tradeweb. Following its acquisition by The Thomson Corporation, the firm entered the inter-dealer broker space. In 2008, it acquired Hilliard Farber & Co. Inc., the voice brokerage company, which was known for its reputation and industry expertise. In 2009, it launched Dealerweb, an electronic interdealer platform for to-be-announced, or forward, mortgage-backed securities (TBA-MBS) with an emphasis on being highly liquid. In 2010, Tradeweb facilitated the first fully electronic, dealer-to-customer interest rate swap to be processed by a central clearing house in the U.S. That same year, the firm relocated its U.S. headquarters to New York City, where it is now, and established the U.S. Center for Brokerage Technology and Operations in Jersey City. In 2011, Tradeweb acquired the brokerage assets of Rafferty Capital Markets LLC (RaffCap) and the municipal bond broking business of J.J. Kenny Drake. In 2013, Tradeweb, through Dealerweb's European and interdealer trading division, launched an interdealer iTraxx credit default swap index platform. In addition, Tradeweb's institutional business completed the first electronic buy-side pre-trade credit check for swaps trading in the U.S. The firm also secured CFTC temporary approval of two wholly owned swap execution facilities (SEFs) TW SEF and DW SEF. Live SEF trading on the platforms began on October 2, 2013. In November 2013, Tradeweb acquired BondDesk Group, a bond trading venue in the U.S. for advisors and middle market investors. Tradeweb integrated the businesses, technology, services and support of Tradeweb Retail and BondDesk to form Tradeweb Direct. In May 2014, Tradeweb and BlackRock announced a strategeic partnership that created electronic trading solutions in rates and derivatives markets for BlackRock's Aladdin clients. In June 2014, Tradeweb launched active U.S. Treasury bond trading on the Dealerweb platform, supporting trading of the most liquid on-the-run Treasury bonds with participation from dealers and several electronic market making firms. In October 2014, the company announced that investors can trade company debt for American companies on its web platform. 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Tradeweb」の詳細全文を読む スポンサード リンク
|