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- Tradeweb Markets (NASDAQ:TW) reported total trading volume of $50.9T in August, while the average daily volume jumped 53.9% to $2.21T Y/Y.
- Excluding the impact of the ICD acquisition, total ADV for the month of August was up 35.7% Y/Y.
- In August, U.S. government bond ADV was up 59.9% Y/Y to $228.2B; European government bond ADV was up 11.8% Y/Y to $36.8B.
- Mortgage ADV was up 32.3% Y/Y to $230.7B.
- Fully electronic U.S. credit ADV was up 33.2% Y/Y to $6.4B and European credit ADV was down 8.4% Y/Y to $1.4B.
- U.S. ETF ADV was up 6.8% Y/Y to $7.2B and European ETF ADV was up 43.4% Y/Y to $2.7B.
