The platform will feature real-time streamed pricing from liquidity providers—which Tradeweb says is the first of its kind in the space—as well as single-dealer pages, a proprietary order management trade docket, direct message-to-trade functions, and a variety of request-for-quote (RFQ) "focused," "blast," and other execution styles.
Early beta-testing numbers suggest click-to-trade activity at 25 percent, focused RFQ at 35 percent, and blast RFQ at 40 percent. For streaming, Tradeweb has also
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails