Electronic trading and trade processing firm Tradeweb Markets has taken over fully the brokerage assets of New York–based broker-dealer Rafferty Capital Markets. It is now looking to expand its inter-dealer division Dealerweb with an electronic inter-dealer marketplace for U.S. Treasuries later in 2011. Dealerweb has also built a fully integrated hybrid voice/electronic trading solution for off-the-run U.S. Treasuries using Tradeweb technology and expertise from the team from Rafferty. The new platform may be rolled out later this year.
Click here for the release from Tradeweb.
Tradeweb New York Tradeweb Markets Rafferty Capital Markets Dealerweb