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News articleYahoo Finance· February 5, 2026

Tradeweb Reports Record January 2026 Total Trading Volume of $65.5 Trillion and Record Average Daily Volume of $3.1 Trillion

View original at finance.yahoo.com
Tradeweb Reports Record January 2026 Total Trading Volume of $65.5 Trillion and Record Average Daily Volume of $3.1 Trillion January 2026 ADV up 26.2% YoY NEW YORK, February 05, 2026--(BUSINESS WIRE)--Tradeweb Markets Inc…
Opening lines of the source · Yahoo Finance · short snapshot — read the full document at the original

What we drew from this source

The claims Via News extracted from this document. We point to the source; we don't replace it.

  • Tradeweb serves more than 3,000 clients in more than 85 countries and facilitated more than $2.6 trillion in notional value traded per day over past four fiscal quarters

    80% confidence
  • Tradeweb captured 17.5% share of fully electronic U.S. high grade TRACE and 7.1% share of U.S. high yield TRACE

    80% confidence
  • Increased hedge fund and systematic account activity along with heightened credit volatility led to increased SEF and MTF credit default swaps activity

    80% confidence
  • TBA volumes set a new monthly record with increased outright and relative-value activity primarily driven by heightened intra-month basis volatility following the GSE MBS Purchase Program announcement

    80% confidence
  • Global institutional ETF volumes were up over 55% year-over-year as client base widened and adoption of automated trading functionality continued to grow

    80% confidence
  • In U.S. repo markets, strong growth was driven by effects of Fed's balance sheet unwind, and RRP balances remained close to zero for majority of month

    80% confidence
  • Swaps/swaptions increase driven by continued global political tensions and easing of U.S. inflation

    80% confidence
  • Record European government bond ADV was driven by strong volumes across institutional and wholesale client channels

    80% confidence
  • Record European credit volumes were driven by increased adoption of protocols including record traded volume in AiEX tool

    80% confidence
  • January 2026 ADV of $3.1 trillion represents an increase of 26.2% year-over-year

    80% confidence

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Vertical AI Agents Attract a Funding Wave Across Fintech-Adjacent Industries
A cluster of AI-native startups applying autonomous agents to narrow, operational problems — hotel front-desk staffing (Dextr AI), identity/fraud risk for financial institutions (Baselayer), insurance distribution (Napo, Connie Health, MGT Insurance) — closed seed-to-Series A rounds within days of each other in September 2026, with CB Insights running a coordinated CEO interview series to spotlight them. The pattern points to agentic AI maturing from generic chat tools into vertical, revenue-generating products, with identity verification for AI agents themselves (Baselayer) emerging as a new fintech infrastructure category responding directly to AI-driven fraud risk.
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Satellite-Terrestrial Network Integration Acceleration
Increased investment and launches in hybrid satellite-cellular networks across telecom industry; competitive responses from other carriers; regulatory activity around satellite spectrum; expansion of emergency/rural connectivity use cases
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Where sources disagree
ING Group
Both facts record the same metric (shares_outstanding) for ING Group at the identical observation date (2025-12-31). FACT A states 2,902,437,688 shares; FACT B states 2,902 million shares (2,902,000,000). The difference is 437,688 shares (~0.015%). This is a genuine value conflict, though the discrepancy appears to result from FACT B rounding to the nearest million while FACT A provides the precise count.
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