Tradeweb Markets Reports 11.3% Increase in Average Trading Volume in August

Tradeweb Markets, a global electronic marketplace operator, reported an 11.3% increase in average trading volume in August. The company offers electronic trading solutions across various asset classes, trading protocols, and geographies, providing deep liquidity pools to institutional, wholesale, and retail clients. Tradeweb Markets operates through its Tradeweb Institutional, Dealerweb, Tradeweb Direct, and ICD Portal platforms, supporting clients across the trade lifecycle.

Tradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic marketplaces for rates, credit, equities, and money markets, recently reported an 11.3% increase in average daily trading volume (ADV) for August 2025. The company's total trading volume for the month stood at $54.1 trillion, a significant milestone driven by robust growth across various asset classes.

Key Highlights:

- Rates: U.S. government bond ADV decreased by 3.9% year-over-year (YoY) to $219.2 billion, while European government bond ADV surged by 20.4% YoY to $44.3 billion. Mortgage ADV increased by 0.6% YoY to $232.1 billion. Tradeweb's specified pool platform recorded its strongest monthly ADV of the year, driven by accelerated client participation and expanded liquidity provider coverage. Swaps/swaptions ≥ 1-year ADV rose by 8.0% YoY to $434.5 billion, and total rates derivatives ADV increased by 20.8% YoY to $878.5 billion.

- Credit: Fully electronic U.S. credit ADV rose by 3.6% YoY to $6.7 billion, and European credit ADV increased by 23.8% YoY to $1.8 billion. U.S. credit volumes were driven by increased client adoption of Tradeweb protocols, notably in request-for-quote (RFQ), Portfolio Trading (PT), and Tradeweb AllTrade®. European credit volumes were supported by robust growth in PT and RFQ, with Tradeweb's Automated Intelligent Execution (AiEX) tool continuing to build momentum.

- Equities: U.S. ETF ADV increased by 15.7% YoY to $8.4 billion, while European ETF ADV decreased by 7.0% YoY to $2.5 billion. U.S. ETF growth was driven by continued institutional ETF adoption and increased trading in wholesale equity businesses.

- Money Markets: Repo ADV rose by 16.6% YoY to $750.4 billion, supported by increased client participation across the platform. Other Money Markets ADV decreased by 2.0% YoY to $276.6 billion, driven by certain clients rebuilding their money market fund balances following share buyback activity and increased business-related spend.

Market Dynamics:

The increase in trading volumes reflects a robust market environment characterized by active client participation and expanded liquidity provider coverage. Tradeweb's advanced technologies enhance price discovery, order execution, and trade workflows, allowing for greater scale and reduced risks in client trading operations.

Conclusion:

Tradeweb Markets' August 2025 trading performance underscores the company's strong position in the global electronic trading landscape. The company's ability to adapt to market dynamics and drive growth across diverse asset classes positions it as a key player in the financial markets.

References:
[1] https://www.marketscreener.com/news/tradeweb-reports-august-2025-total-trading-volume-of-54-1-trillion-and-average-daily-volume-of-2-5-ce7d59d9db8af52d