Money markets emerged as a key growth driver, with repo ADV climbing 33.9% YoY in December to $681.3 billion. Overall money market ADV reached $985.4 billion, nearly doubling YoY (+87.8%), driven by ICD’s acquisition and stronger front-end market flows following the Fed’s rate cut in December.
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Tradeweb's Money Markets ADV Nearly Doubled Year Over Year - FinanceFeeds
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