Tradeweb treads fine line as API trend brings challenges

Buy-side rates traders look to dodge platform’s interface but remain barred from cross-venue price-shopping.

A growing number of buy-side firms are taking more direct control over their execution of rates products on Tradeweb without visiting the platform itself. It’s a trend that is seen by some as the first step on a slippery slope—albeit a small step, and a long slope—that leads to irrelevance.

Every fixed income trading venue’s fear is that—like an online retailer—customers will eventually use an Amazon-style aggregator to access their liquidity and compare prices, rather than visiting the various

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here