Tradeweb Markets, a global operator of electronic marketplaces for rates, credit, equities and money markets, has launched the Spotlight Dealer Diversity Program, designed to promote diverse dealers on the Tradeweb platform.
Developed collaboratively over the past year with feedback from members of the buy-side and dealer communities, the Spotlight Program supports the advancement of Tradeweb’s diverse dealer community through a combination of individual dealer profiles, direct consultation and other promotion programs designed to bring more visibility to diverse dealers operating in electronic markets.
In addition, Tradeweb has enhanced its request-for-quote (RFQ) trading workflow to more prominently expose diverse dealer liquidity to Tradeweb’s participating buy-side clients, further strengthening engagement between diverse dealers and buy-side users on the platform.
Tradeweb’s diverse dealer community includes, among others, firms owned by women, veterans, individuals with disabilities and members of underrepresented racial and ethnic groups. The first protocol enhancement the firm is launching under the Spotlight Program is for RFQ users on Tradeweb’s US Credit platform. Over time, Tradeweb expects to expand the program to include additional asset classes, protocols and promotional initiatives.
