Tradeweb is a New York-based financial company that operates electronic over-the-counter marketplaces for ETFs, derivatives, and fixed-income products.
Lee Olesky and Jim Toffey founded it in 1996. Tradeweb serves retail clients, banks, asset managers, pension funds, and insurance companies. Lee Olesky is the CEO of Tradeweb. He previously worked as Chief Operating Officer for Credit Suisse First Boston’s Fixed Income Americas division. After he launched Tradeweb in 1998, he left and co-founded BrokerTec, another trading platform. He returned to Tradeweb in 2002. In 2023 Billy Hult will become the next CEO of the company.
The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of the best online brokers. Trading platform, fees, mobile trading, payments, assets, regulation, education, and research are all part of our six-month evaluation of a broker’s trading platform. The rating scale was based on thousands of data points that have been weighted into the scoring system. Brokerages were required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online brokers we reviewed. Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.