Nasdaq to sell Nasdaq Fixed Income to Tradeweb Markets
Nasdaq has agreed to sell its US fixed income business, Nasdaq Fixed Income (NFI), to an affiliate of Tradeweb Markets Inc.
Nasdaq has agreed to sell its US fixed income business, Nasdaq Fixed Income (NFI), to an affiliate of Tradeweb Markets Inc.
Based in Shanghai, James Sun will be responsible for Tradeweb’s business operations in Hong Kong, Tokyo, and Singapore.
ICE Benchmark Administration has expanded the input data used in its ICE Term SONIA Reference Rates methodology to include Tradeweb’s dealer to client data.
Tradeweb is the first trading venue to facilitate the electronic execution of SONIA swaps against Gilt futures for institutional investors.