Tradeweb’s repo ADV up 28.8% YoY to $316.6bn in August 2021

Tradeweb reported repurchase agreement ADV (average daily volume) was up 28.8% year over year (yoy) to $316.6 billion in its money markets segment in August. On a month-by-month basis, ADV is down over 9% from $345.1 billion in July.

Total trading volume in August was at $19.8 trillion across rates, credit, equities and money markets. Average daily volume (ADV) for the month was $900.4 billion an increase of 20.6% YoY, down from $972.2 billion in July.

Lee Olesky, Tradeweb CEO, said: “While markets were relatively quiet in August, Tradeweb continued its trend of year-over-year growth in monthly ADV with a diverse portfolio of products. One area of strategic focus for Tradeweb has been credit, and we were pleased to see steady growth in our market share over the course of the summer.”

Read the full report

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