Tradeweb Markets reported total trading volume for the month of July 2024 of $40.5T. Average daily volume ADV for the month was $1.82tn, an increase of 43.5 percent (%) year-over-year (YoY). In July 2024, Tradeweb records included: Share of fully electronic U.S. high yield TRACE ;ADV in global repurchase agreements U.S. government bond ADV was up 47.4% YoY to $206.1 billion (bn). European government bond ADV was up 16.5% YoY to $42.9bn. U.S. government bond volumes were supported by growth across all client sectors. Increased adoption across a range of protocols and favorable market conditions contributed to the increase in volume.
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