Tradeweb Markets Inc. reported record total trading volume of $65.5 trillion for January 2026, with a record average daily volume $(ADV)$ of $3.1 trillion, representing a 26.2% year-over-year increase. U.S. government bond ADV rose 15.3% year-over-year to $267.7 billion, while European government bond ADV increased 36.0% to $79.4 billion. Mortgage ADV grew 16.7% to $310.1 billion. In credit markets, fully electronic U.S. credit ADV was up 24.4% year-over-year to $9.4 billion, and European credit ADV increased 44.0% to $3.5 billion. Tradeweb captured 17.5% share of fully electronic U.S. high grade TRACE and 7.1% share of U.S. high yield TRACE, with total U.S. high grade TRACE share at 25.3% and total U.S. high yield TRACE share at 9.6%. Cash credit portfolio trading ADV increased 53% year-over-year, with non-comp portfolio trading ADV up 49%. Other money markets ADV was relatively flat, rising 0.4% to $301.3 billion. The report attributes changes in money markets ADV to shifts in allocations and client activity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tradeweb Markets Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260205204080) on February 05, 2026, and is solely responsible for the information contained therein.