I've not seen Tradeweb buy-side for a while and was pleasantly surprised to see WPAC and ANZ on the dealer side.
At the moment I expect they will sell Australia product to firms outside of Australia and New Zealand. Any chance that they'll try and eat Yieldbroker's lunch by going for domestic business?
As I understand it, TW system is down at Aussie open (due to daily maintenance) and they also don't offer EFP functionality.ReplyDelete
Right, so that indicates that current usage will be Australian and New Zealand products to firms outside of Australia and New Zealand?ReplyDelete
So maybe Yieldbroker should add product from outside of Australia and New Zealand and compete with the encroachment from TW?