Tradeweb Markets Inc. reported September 2026 total trading volume of $81.6 trillion, with average daily volume (ADV) reaching $3.7 trillion, a 29% year-over-year increase, as the electronic trading platform captured record activity across government bonds, high-grade credit, and municipal bonds.

The New York-based marketplace announced the results on October 6, 2026, underscoring robust momentum in fixed income markets amid elevated yields and shifting rate expectations globally.

Tradeweb closed out another strong quarter, with third-quarter ADV up 22.4% year-over-year and growing momentum across our global business. Against a backdrop of rising yields, shifting rate expectations and elevated issuance, we saw increased client activity across fixed income, with particularly strong growth in government bonds and rates derivatives globally, alongside record fully electronic U.S. high grade credit activity in September.

– Billy Hult, CEO, Tradeweb Markets Inc.

Billy Hult, CEO of Tradeweb Markets Inc. Source: LinkedIn

By Gavriel Gavrielides

Gavriel Gavrielides is the Founder and Chief Editor of fintech-intelligence. An ACA-qualified finance executive, he previously served as Group CFO and Global Head of Accounting & Finance for a major international Forex broker with over 800 employees, following a foundational career as an auditor at a Big Four firm. Having spent over 15 years navigating complex international regulatory frameworks, scaling financial infrastructure, and managing global corporate strategies, Gavriel launched fintech-intelligence because he recognized that the traditional boundaries between finance and technology have completely dissolved. He saw a critical need for an industry publication driven by actual operational expertise rather than outside commentary. Today, Gavriel leverages his deep institutional background to cut through the market noise, delivering high-signal, deeply analytical insights into the technologies, regulations, and innovations reshaping the future of money. Connect with Gavriel on https://www.linkedin.com/in/gavriel-gavrielides-103734124/