Tradewell Technologies Inc

Clients utilize our technology to improve trading outcomes, including automated interaction with Trumid distinct pools of liquidity and innovative trading protocols. We’re excited to expand this relationship and roll out additional functionality in the future. #fixedincome #connectedtrading

Excited to join Anna Garcia, CFA and the rest of the panel at the Family Office Investment Summit and looking forward to an interesting discussion.

Tradewell Technologies Inc clients continued to tear it up in Q3 2024. They traded over $3.3B in U.S. IG and HY corporate bonds using the Tradewell system, representing a 27% increase from Q2. New clients are joining our platform, bringing additional investing and trading strategies. By making it easier for new users to access existing electronic liquidity, Tradewell is not only helping them improve execution quality but is also enhancing the depth and quality of corporate bond liquidity market-wide.   Please reach out to me or our sales team (sales@tradewelltech.co) to discuss how Tradewell can help you achieve better trading outcomes.

We are honored that FIA, Inc. has selected Tradewell Technologies Inc to exhibit at the #FIAExpo Innovators Pavilion: a showcase for startup companies providing forward-thinking solutions for the financial markets. We’re also taking part in the Innovators Pitch Competition. Learn more and join us from 18-20 November: https://lnkd.in/dwVTuce

Tradewell Technologies Inc will be attending The Finance Hive conference in Brooklyn next Thursday. We are sending a crack team of Gabby DiBiase, Robert M. Daly, Peter Griffith, Alex Reyfman. Looking forward to an exciting day of market microstructure discussions.

Announcement of Robert M. Daly joining Tradewell Technologies Inc We are excited to welcome Rob as a Senior Advisor to Tradewell. Rob brings a wealth of experience from his time working as a senior portfolio manager at BlackRock and, most recently, as Head of Fixed Income at Glenmede. His deep expertise in portfolio construction, asset allocation, risk management and operational strategy from his years at a leading asset manager will be a tremendous asset to our team.

Volatility Spike = Liquidity Provider Paradise? 🤔 As markets continue to experience heightened volatility, the trading landscape is transforming into a paradise for liquidity providers. This September is shaping up to be one of the most dynamic months yet, with opportunities to capitalize on rapid market shifts. Michael Daley at T. Rowe Price offers insight into the evolving market dynamics, predicting a busy September ahead. His emphasis on utilizing third-party tools and the flexibility to adapt to changing market conditions aligns perfectly with Tradewell’s innovative approach. Our platform is designed to empower traders with real-time tools and analytics, enabling them to respond quickly and effectively to market movements. Tradewell Technologies Inc Unprecedented Success in August August was a record-breaking month for Tradewell. We not only achieved our highest single-day volume ever, but we also set a new record for single-day transaction cost savings. These milestones highlight our commitment to delivering exceptional value to our clients, even in turbulent market conditions. Stay tuned as we continue to provide leading-edge solutions to help you navigate and thrive in today’s volatile market environment.

Last week our clients traded a record $355 MM of US corporate bonds using the Tradewell Technologies Inc automated trading system. Trading volumes were 78% IG and 22% HY. Thursday saw a record single day with 125 trades amounting to $100 MM traded notional. Our clients are executing a range of strategies, including fundamental, distressed, sector rotation, and systematic. Thirteen bonds had trading volumes higher than $5 MM during the week illustrating how large positions can be passively accumulated over time. Please reach out to learn more about how Tradewell is redefining corporate bond trading. https://lnkd.in/e525-ijK

There are three key trends we at Tradewell Technologies Inc are seeing in the corporate bond market: - Dealers continue to shift market-making from voice to algo: Most large dealers have been operating corporate bond algos for the last ten years. What initially started as a client service - providing odd-lot electronic liquidity to clients - has evolved into a major component of dealer trading flows. Combined with portfolio trading and, in some cases, ETF arb, algo books control up to 50% of dealer liquid credit balance sheets. Algos are increasing responsible for large electronic trades and, in some cases, have been given primary market-making responsibilities for specific sectors. - Bond liquidity fragmenting into “haves” and “have nots”: The electronic market is bifurcating into trades that fit dealer algos by ticker and size and those that do not. Given the reduction in voice market-making by dealers, the bifurcation of the market means that orphaned bonds are harder to trade both voice and electronically. Buy-side traders unable to source voice liquidity are turning to electronic venues, but RFQs not handled by dealer algos see few or no responses. This creates an opening for the buy-side to provide liquidity in less-liquid bonds. Buy-side-to-buy-side trading, especially in less-liquid bonds, is only feasible with an algo trading system. We are increasingly seeing our clients being the sole quote on illiquid bond RFQs. - Intense venue competition leading to fragmentation: Electronic volumes have grown to almost 50% of the total and the three primary venues’ market shares have become more even. Venues are ramping up protocol experimentation as they look to support a world where buy-side algo trading is the norm. Each major venue has a distinct liquidity pool and unique trading protocols necessitating aggregation and standardization. Interacting with venue liquidity across established and emerging trading protocols requires a sophisticated, fast-evolving trading system. These three trends make it essential for buy-side trading desks to evolve their execution strategies beyond relying exclusively on dealer voice liquidity. A technology trading solution that is comprehensive and cost-effective is becoming a must for large institutional trading desks. Please reach out to learn more about how Tradewell is redefining corporate bond trading. https://lnkd.in/e525-ijK

We're excited to announce that we're partnering with The Finance Hive at their upcoming Fixed Income US Members Meeting. Taking place on 26th September, we'll be coming together at the Moxy Brooklyn in Williamsburg to demystify Corporate Bond Trading Algos and explain how they are being used by Tradewell Technologies' diverse customer base. We'll be joined by buy side members from Vanguard, American Century Investments, J.P. Morgan Asset Management, T. Rowe Price, Morgan Stanley Investment Management, and so many more... #corporatebonds #tradingalgos