Tradeweb Completes First Fully Electronic Swaption Termination
Tradeweb Markets, a leading electronic trading platform for rates, credit, equities and money markets, announced that it completed the industry’s first fully electronic swaption termination. The inaugural transaction took place between Citadel and Wells Fargo on Tradeweb’s Swap Execution Facility (TW SEF), with post-trade processing routed through OSTTRA’s MarkitWire platform.......