Tradeweb’s vision – where markets meet;
To be the first network to offer insitutional clients trading from ONE platform, with ONE ticket, in ANY asset class, in ANY currency, anywhere in the world.
A great aim – but clearly not enough to keep them busy. Today we hear that Tradeweb also plans to launch an electronic inter-dealer platform (for pass-through mortgage-backed securities in early 2009 ..as part of their purchase of Hilliard Farber’s interdealer business). I wonder how much appetite (within TW & the dealer shareholders) there is to extend the interdealer product set?
Well, even though Tradeweb clearly has many irons in many fires, and shipping (/cargo) is something ICAP have mentioned with a degree of excitement, I don’t think this Tradeweb trademarked product will actually be related (odd about the trademark though) …
Tradeweb ™ streamlines the cargo declaration process by enabling users to send declarations to the Singapore Customs, IE Singapore, and other controlling agencies directly from the computer
…unless you know different?