Tradeweb expands dealer algorithmic execution capabilities for US Treasuries
Tradeweb Markets Inc. (NASDAQ:TW), a global operator of electronic marketplaces for rates, credit, equities and money markets, today announced an expansion of its dealer algorithmic execution capabilities for U.S. Treasuries, providing institutional clients with access to deeper liquidity and smarter execution strategies through Tradeweb’s comprehensive dealer algo suite.
This latest expansion builds on Tradeweb’s long-standing commitment to delivering advanced electronic execution tools to clients. These capabilities enable asset managers, hedge funds and other global institutional investors executing U.S. Treasuries to manage and execute orders over a set time horizon while maintaining dealer relationships and benefiting from the risk protections of executing with a bank counterparty.
Over time, these algo execution capabilities will converge with Tradeweb’s proprietary data offerings, with the goal of delivering a unified, multi-dealer, multi-asset platform, with additional global dealers expected to be onboarded in the coming months.
Bhas Nalabothula, Managing Director, Head of U.S. Institutional Rates at Tradeweb, said:
“Our clients increasingly want flexibility in how they access liquidity and execute orders, and this new offering creates an environment where clients can choose from sophisticated algo execution strategies. As the leading institutional platform for U.S. Treasuries, Tradeweb offers clients access to both dealer (bank) algos and proprietary algos, delivering a holistic approach for clients seeking greater flexibility. The addition of J.P. Morgan’s dealer algo strategies – the first to leverage these functionalities – along with Morgan Stanley, marks a key next step in our broader algo strategy, and we are energized to continue working closely with other institutional dealers to further expand our efforts in this space.”
Liyan Yu, Global Head of Rates Automated Trading Strategies at J.P. Morgan, said:
“As the first dealer to offer algo execution strategies on the Tradeweb platform, we are providing broader investor access to our leading U.S. Treasury algo strategies. In today’s market, clients are looking for differentiated ways to access deeper liquidity, and this collaboration with Tradeweb represents our commitment to industry-leading solutions and delivering a more streamlined and efficient approach for clients managing and executing their orders.”
Reed Staub, Head of FID Futures Execution and E. Rates Sales in NY at Morgan Stanley, said:
“We’re excited to bring our algo execution capabilities to Tradeweb’s platform. By making these solutions available, institutional investors can take advantage of flexible tools that help achieve best execution in a rapidly evolving market. We look forward to continuing to innovate alongside Tradeweb, as well as other dealers, to meet the changing needs of our clients.”