Tradeweb Revamps Messaging Infrastructure

In a project expected to last until the end of the year, electronic trading venue Tradeweb is implementing the Tervela TMX messaging platform to support its institutional fixed-income and interdealer broker businesses, Tradeweb officials tell Sell-Side Technology.

“This investment provides a high-performance fail-safe messaging fabric that will allow Tradeweb to scale and deliver new services more rapidly,” says Jay Spencer, CTO of Tradeweb. “This will help reduce costs and improve time-to

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