Tradeweb Markets reports January total trading volume $42.6T

Tradeweb Markets an operator of electronic marketplaces for rates, credit, equities and money markets, reported total trading volume for the month of January 2024 of $42.6T. Average daily volume ADV for the month was a record $2.00T an increase of 74.6% year-over-year YoY . In January 2024, Tradeweb records included: ADV in U.S. government bonds ADV in European government bonds ..ADV in swaps/swaptions = 1-year ..U.S. government bond ADV was up 33.7% YoY to $182.1B . European government bond ADV was up 18.5% YoY to $50.1bn. ..Mortgage ADV was up 23.9% YoY to $219.5bn…To-Be-Announced TBA platform volumes were supported by elevated roll trading activity as well as strong participation from the hedge fund community. Specified pool trading volumes were up 94.5% YoY, driven by increased client adoption and origination executed on the platform. Fully electronic U.S. credit ADV was up 45.0% YoY to $7.1B and European credit ADV was up 16.0% YoY to $2.5B.