This follows the successful onboarding of market makers on the equities and derivatives market in 2023.
Central clearing of eligible cash Treasury trades will be required by the end of 2025.
Market structure changes will place significant pressure on firms to modernize their systems.
The asset manager continues to invest in its global fixed income capabilities, talent and technology.
AFX operates the credit-sensitive American interbank offered rate, AMERIBOR
In December Tradeweb reached a record 19.9% share of fully electronic U.S. high grade TRACE.
Commodity markets, including energy, and interest rate derivatives traded at all-time highs.
Rates average daily volume was $27.1bn in Q4, a 64% increase from the prior year.
Credit futures will generate more liquidity in the cash markets.