TradeWeb Stock (TW) Downtrend Channel Breakout

  • Post category:Stock Trading
  • Reading time:10 mins read
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TradeWeb stock (TW) formed a downtrend channel breakout on March 17, 2023. The pattern could also be labeled as a bullish flag breakout. TradeWeb stock did a Resurrection Cross back in early February 2023.

TradeWeb Stock Chart

TradeWeb stock chart on March 19 2023 with a downtrend channel breakout pattern
TradeWeb stock chart on March 19 2023 with a downtrend channel breakout pattern

Tradeweb stock also gave a Hull Moving Average buy signal on March 16, 2023.

The stock is currently testing a major resistance level at $76.50.

TradeWeb is a financial technology company that operates electronic trading platforms for fixed income and derivatives products. Its trading platforms connect market participants such as banks, asset managers, hedge funds, insurance companies, and central banks to facilitate the trading of a wide range of financial instruments, including government bonds, corporate bonds, mortgage-backed securities, interest rate swaps, credit default swaps, and futures contracts. TradeWeb’s platforms offer real-time pricing, execution, and post-trade services, as well as analytics and data services to help clients manage their risk and optimize their trading strategies. The company serves customers in over 60 countries and has offices in North America, Europe, and Asia.

Tradeweb Reports February 2023 Total Trading Volume of $27.4 Trillion and Record Average Daily Volume of $1.43 Trillion

Tradeweb Markets reported total trading volume for February 2023 of $27.4 trillion (tn). Average daily volume (ADV) for the month was a record $1.43tn, an increase of 21.5 percent (%) year-over-year (YoY).

February 2023 Highlights


  • U.S. government bond ADV was down 6.2% YoY to $144.3 billion (bn). European government bond ADV was up 2.9% to $43.2bn.
  • Record U.S. retail government bond activity was more than offset by declines in wholesale trading. Higher interest rates continued to drive trading in the retail market. European government bond volume continued to be supported by heightened issuance and rates market volatility.
  • Mortgage ADV was down 9.1% YoY to $167.7bn.
  • Historically high mortgage rates continued to weigh on overall market activity and issuance.
  • Swaps/swaptions ≥ 1-year ADV was up 43.2% YoY to $304.2bn and total rates derivatives ADV was up 62.2% to $597.7bn.
  • Record volume in swaps/swaptions was driven in part by a surge in Overnight Index Swaps (OIS) trading, while strong volumes continued to be supported by global inflation and emerging markets swaps and robust client adoption of the request-for-market (RFM) protocol.


  • Fully electronic U.S. Credit ADV was up 28.2% YoY to $5.1bn and European credit ADV was up 4.5% to $2.2bn.
  • Record European credit and strong U.S. credit volumes reflected continued client adoption across Tradeweb protocols, including request-for-quote (RFQ), Tradeweb AllTrade and portfolio trading. Record activity in Tradeweb AllTrade, including sessions-based trading, supported robust activity in fully electronic U.S. High Yield and U.S. High Grade. Tradeweb’s share of fully electronic U.S. High Grade and U.S. High Yield TRACE was 13.1% and 6.8%, respectively.
  • Municipal bonds ADV was up 34.3% YoY to $337 million (mm).
  • Strong municipal volumes reflected healthy institutional and retail client activity. Market volatility and elevated interest rates continued to boost volumes overall.
  • Credit derivatives ADV was down 37.5% YoY to $10.5bn.
  • Overall market volumes were lower due to subdued credit market volatility.


  • U.S. ETF ADV was down 22.9% YoY to $7.2bn and European ETF ADV was down 24.3% to $2.8bn.
  • Strong U.S. institutional ETF activity, driven by further adoption of Tradeweb’s request-for-quote (RFQ) protocol, was more than offset by declining wholesale volumes. European ETF volumes reflected declining overall market volumes.


  • Repurchase Agreement ADV was up 16.7% YoY to $411.3bn.
  • Continued client adoption of Tradeweb’s electronic trading solutions drove Global Repo activity, despite significant volatility in money markets and sustained elevated usage of the Federal Reserve’s reverse repo facility. Retail money markets activity continued to be strong as interest rates remained elevated.

What’s driving greater adoption in electronic swaps trading across Asia Pacific?


Is Tradeweb a publicly traded company?

Yes, Tradeweb is a publicly traded company. It is listed on the NASDAQ exchange under the ticker symbol TW.

Who owns Tradeweb?

Tradeweb is a publicly traded company, so it is owned by its shareholders. The largest shareholders as of March 19, 2023, are Blackrock and Vanguard.

Is TradeWeb a good company?

Tradeweb is a leading global electronic trading platform that offers a broad range of financial market services. It has been recognized for its innovation and excellence in the industry, and it has a strong reputation for reliability and security. Additionally, it has received positive reviews from customers and employees, indicating that it is a reputable and well-respected company.
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