Tradeweb reports July trading volume of $67.5 trillion, ADV up 23.3%
TW•Credit trading volumes
Fully electronic U.S. credit ADV grew 15.7% YoY to USD 9.4 billion; credit derivatives ADV jumped 101.2% YoY to USD 21.1 billion.
July trading volume and average daily volume
Tradeweb reported July 2026 total trading volume of USD 67.5 trillion; average daily volume of USD 2.9 trillion, up 23.3% YoY.
Rates, government bonds and mortgage activity
- Rates strength led by swaps/swaptions ≥1-year ADV of USD 564.5 billion, up 45.3% YoY; total rates derivatives ADV rose 49.9% YoY to USD 1.2 trillion.
- U.S. government bond ADV increased 26.1% YoY to USD 258 billion; European government bond ADV rose 20.8% YoY to USD 61.4 billion.
- Mortgage ADV climbed 7.3% YoY to USD 241.4 billion; repo ADV rose 7.2% YoY to USD 832.9 billion.
