Sign In  |  Register  |  About Pleasanton  |  Contact Us

Pleasanton, CA
September 01, 2020 1:32pm
7-Day Forecast | Traffic
  • Search Hotels in Pleasanton

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Tradeweb Enhances Data Access Through Collaboration with AWS

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced a collaboration with Amazon Web Services (AWS) to broaden access to its U.S. Treasury and U.K. Gilt closing price data through AWS Data Exchange, a service that makes it easy to find, subscribe to, and use third-party data in the cloud.

Tradeweb ICE U.S. Treasury Closing Prices and Tradeweb FTSE U.K. Gilt Closing Prices can now be accessed directly via AWS Data Exchange, either as a monthly subscription to daily publication data or as historical data sets. This direct distribution option gives users greater flexibility, and the integration of digital payment methods allows for easier, direct access to the data. The offering comes at a time when market participants are increasingly looking for more personalized and efficient digital solutions, including pay-as-you-go access to data, in response to current virtual and hybrid market environments. In every asset class, Tradeweb data and analytics help market participants make more informed decisions with precise, reliable pricing data for modeling, research and analysis.

Lee Olesky, Tradeweb CEO, said: “In today’s environment, market participants want more than a one-size-fits-all approach when it comes to accessing data. They’re looking for agile, enhanced solutions that will keep pace with the constantly evolving digital landscape. This collaboration is an important step towards the broadening of access to Tradeweb data through the use of cloud-based services, and we’re excited for the road ahead.”

The Tradeweb ICE U.S. Treasury Closing Prices and Tradeweb FTSE U.K. Gilt Closing Prices are daily reference prices designed to reflect the mid-price for Treasury and Gilts securities around the market close. The Closing Prices are administered by a regulated benchmark administrator in compliance with the IOSCO Principles for Financial Benchmarks, and are calculated pursuant to a fixed, transparent and auditable methodology.

The direct distribution channel made available in collaboration with AWS helps to break down the barriers associated with the traditional method of data retrieval from beginning to end. By providing easy-to-access solutions designed to reach a wide variety of databases through a growing global dynamic marketplace, market participants will now have an easier way to access Tradeweb data through the cloud, and will have more flexibility in their options by choosing the exact data sets they want to see.

Noah Schwartz, General Manager, AWS Data Exchange, AWS, said: “Tradeweb supplies vital data to a broad set of financial market participants across the globe. We’re pleased to work with Tradeweb to make end-of-day reference prices available on AWS Data Exchange. The availability of this data will help our mutual customers seamlessly feed their trading and portfolio management applications, risk analytics, and pricing models running on AWS.”

About Tradeweb Markets

Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets. Founded in 1996, Tradeweb provides access to markets, data and analytics, electronic trading, straight-through-processing and reporting for more than 40 products to clients in the institutional, wholesale and retail markets. Advanced technologies developed by Tradeweb enhance price discovery, order execution and trade workflows while allowing for greater scale and helping to reduce risks in client trading operations. Tradeweb serves approximately 2,500 clients in more than 65 countries. On average, Tradeweb facilitated more than $870 billion in notional value traded per day over the past four fiscal quarters. For more information, please go to www.tradeweb.com.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the federal securities laws. Statements related to, among other things, our outlook and future performance, the industry and markets in which we operate, our expectations, beliefs, plans, strategies, objectives, prospects and assumptions and future events are forward-looking statements.

We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors, including those discussed under the heading “Risk Factors” in documents of Tradeweb Markets Inc. on file with or furnished to the SEC, may cause our actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. In particular, preliminary average variable fees per million dollars of volume traded are subject to the completion of management’s final review and our other financial closing procedures and therefore are subject to change. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements contained in this release are not guarantees of future performance and our actual results of operations, financial condition or liquidity, and the development of the industry and markets in which we operate, may differ materially from the forward-looking statements contained in this release. In addition, even if our results of operations, financial condition or liquidity, and events in the industry and markets in which we operate, are consistent with the forward-looking statements contained in this release, they may not be predictive of results or developments in future periods.

Any forward-looking statement that we make in this release speaks only as of the date of such statement. Except as required by law, we do not undertake any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this release.

Tradeweb Enhances Data Access Through Collaboration with AWS

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Photography by Christophe Tomatis
Copyright © 2010-2020 Pleasanton.com & California Media Partners, LLC. All rights reserved.