Tradeweb Markets reports June ADV up 10.8% YoY to $1.38T

Tradeweb Markets reported total trading volume for June 2023 of $29.3T. Average daily volume, ADV, for the month was $1.38T , an increase of 10.8% year-over-year ,YoY. For the second quarter of 2023, total trading volume was $81T and ADV was $1.30T, an increase of 10.2% YoY, with preliminary average variable fees per million dollars of volume traded of $2.60.