Founded in 1996, Tradeweb provides access to markets, data and analytics, electronic trading, straight-through-processing and reporting for more than 40 products to clients in the institutional, wholesale and retail markets. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets. The potential deal remains subject to Yieldbroker stockholder approval, final definitive documentation, and would be subject to customary closing conditions and regulatory reviews.” Tradeweb can offer no assurance that a definitive agreement will be entered into, or if entered into that a transaction will be consummated. Australia is home to the 5th largest pension fund market globally i, and we believe that this acquisition would help grow Tradeweb’s Asia Pacific footprint and provide meaningful opportunities for domestic and global clients. Conversely, Tradeweb customers worldwide would benefit from increased liquidity, pre-trade transparency, and coverage of the Australian and New Zealand debt capital markets. This acquisition would provide Yieldbroker’s domestic client network, including superannuation funds, with access to Tradeweb’s global multi-asset platform, deep liquidity and advanced technology. We believe this transaction would leverage both firms’ innovative trading solutions and deep industry experience to create more liquid, transparent and efficient fixed income markets. Tradeweb anticipates that the acquisition would be an all-cash transaction with a purchase price of AUD 125 million. “Tradeweb is in advanced discussions to acquire Yieldbroker, a leading Australian government bond and interest rate derivatives trading platform covering the institutional, wholesale, and primary markets. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today released the following statement: NEW YORK-( BUSINESS WIRE)-Tradeweb Markets Inc.
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