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Tradeweb Markets (TW) to Acquire Nasdaq’s (NDAQ) U.S. Fixed Income Electronic Trading Platform

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Tradeweb to Acquire Nasdaq’s U.S. Fixed Income Electronic Trading Platform

February 2, 2021 7:00 AM EST

--Addition of Central Limit Order Book (CLOB) Rounds Out Tradewebs Suite of Wholesale Trading Protocols for U.S. Treasuries

NEW YORK--(BUSINESS WIRE)-- Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced that it has entered into a definitive agreement to acquire Nasdaqs U.S. fixed income electronic trading platform. The Nasdaq platform (formerly known as eSpeed) is a fully executable central limit order book (CLOB) for electronic trading in on-the-run (OTR) U.S.... More