Tradeweb

Michael Mackenzie of Financial Times wrote an article discussing the derivatives industry in the U.S. ahead of final Dodd Frank Act rules, which featured quotes from Tradeweb CEO Lee Olesky about electronic trading in a regulated environment.

Jeremy Grant of Financial Times wrote a special report on MiFID II proposals featuring quotes from Tradeweb Managing Director Steve Hall.

Tradeweb Statement on MiFID II/MiFIR Proposals

Tradeweb supports the European Commission's objectives reflected in MiFID II/MiFIR of promoting transparency, fostering competition among trading venues, improving market efficiency and moving the execution of standardised derivatives onto multilateral regulated venues.

We are concerned, however, that:

1. the proposals do not sufficiently reflect the G20 commitment relating to the execution of standardised derivatives on electronic trading platforms; and

2. the requirements regarding public distribution of pre-trade data, as proposed, could adversely impact liquidity in the fixed income and derivatives markets.

Telis Demos of Financial Times reports on Tradeweb Markets acquisition of inter-dealer brokerage, Rafferty Capital Markets, as a new part of Dealerweb, featuring comments from Tradeweb CEO Lee Olesky.

Tradeweb Expands Dealerweb Division with Brokerage Acquisition

NEW YORK, NY (October 11, 2011) - Tradeweb Markets announced it has completed the acquisition of the brokerage assets of Rafferty Capital Markets, LLC, a New York-based registered broker-dealer. It also plans to launch an electronic inter-dealer marketplace for U.S. Treasuries later this year. The moves reflect an ongoing strategy to expand Dealerweb, its inter-dealer division, following the 2008 purchase of the brokerage firm Hilliard Farber & Co, Inc.

Electronic Trading of Interest Rate Derivatives Surges 90% as Clients Prepare for Regulatory Compliance

Tradeweb Markets LLC announced a 90% increase in notional trading volume on its global multi-dealer-to-client interest rate derivatives platform for the third quarter of 2011 versus the same period last year. This surge in activity, reflecting a 114% increase in delta (a measure of risk), is taking place against the backdrop of pending U.S. and European regulation. The shift reflects not only greater activity by clients in volatile market conditions but an increasing number of companies active on the Tradeweb platform.

Tradeweb CEO Lee Olesky participated in a webcast interview with MarketsWiki.tv on "How Regulation is Driving Technology in Derivatives".

Tradeweb Launches Electronic European Repo Marketplace

Tradeweb Markets LLC, a leader in building and operating financial markets, today announced the launch of a European repo marketplace. The electronic dealer-to-customer platform mirrors the existing voice and message-based trading process, while enabling efficient trade execution and substantially simplifying the post-trade complexities of collateral assignment and allocation.

Tradeweb CEO Lee Olesky participated in a broadcast interview with the Business News Network of Canada on the anniversary of Dodd-Frank to discuss OTC Derivatives reform.

Tradeweb Adds Futures to European Equity Derivatives Platform

Tradeweb Markets LLC, today announced the addition of European equity futures to its multi-dealer-to-client equity derivatives platform. The new functionality streamlines the current phone-based, over- the- counter trading experience for block trades. By using the platform, institutional investors can put dealers into competition before the trades are submitted to the major derivatives exchanges for final pricing, clearing, and settlement.