Deals
All-Digital Trading Is a ‘Question of When,’ Tradeweb CEO Says
- Olesky cites jump in ‘sessions trading,’ derivatives opening
- Some fixed-income trading still done the old-fashioned way
Lee Olesky
Photographer: Christopher Goodney/BloombergThis article is for subscribers only.
Fixed-income traders have been among the slowest to embrace electronic marketplaces. Lee Olesky sees it as only a matter time until all of them make the switch to the computer screen from the phone.
“Personally, I think it’s all going to be digital,” Olesky, the chief executive officer and co-founder of Tradeweb Markets Inc., said in an interview at Bloomberg’s New York headquarters. “It’s just a question of when.”