A trading venue has to start by bringing together buyers and sellers, in some fashion. It doesn’t have to stop at that, though.
“This company has significant aspirations that go beyond that. We really feel like we are a critical piece of market infrastructure,” says Billy Hult, Tradeweb’s chief executive.
That is the kind of thing chief execs like to say, of course. Every company boss wants to be an integral part of their market – a vital, load-bearing piece of the system that everyone else
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