WATS® Electronic Trading Services

Electronic trading across asset classes

WATS® Electronic Trading Services delivers an extensive range of liquidity across multiple asset classes. Accessed through a variety of trading venues, and strengthened by a customer service focus, our platform provides powerful execution tools for our institutional trading customers.

WATS Credit

Consistently ranked as one of the largest providers of corporate bond liquidity on the street, our strategies offer customers access to:

  • High grade corporate bonds, distributed to the U.S., London, and Hong Kong
  • High yield corporate bonds
  • Preferred stock
  • Money markets

WATS Equities  

We take a progressive approach to deliver differentiated equity trading strategies, liquidity and service.

Our trading platform offers a wide range of algorithmic solutions, from basic to the more sophisticated, to help our clients navigate the complex and continually evolving equity landscape. We offer: 

  • Access to exchanges, dark pools, and our Wells Fargo liquidity book through next generation algorithms
  • Dedicated coverage and consultation teams
  • Fully quantitative transaction cost analysis

WATS Futures 

Providing around-the-clock access to more than 45 exchanges worldwide, our platform offers our customers: 

  • Multi-asset class execution capabilities
  • Sophisticated suite of algorithms 
  • Extensive global market access 

WATS FX

Our global trading desk provides customers 24 hours a day, 6 days a week access to a wide variety of liquidity and execution strategies in over 100 currencies and delivers:

  • Streaming and RFS pricing for FX spot, outright, swaps, and block trades
  • Deep and highly competitive liquidity
  • Pricing accessible over major ECNs

WATS Municipals 

As a leading municipal securities dealer, we deliver market insight, expertise, and liquidity across a range of offerings for: 

  • Tax-exempt municipals 
  • Taxable municipals

WATS Rates 

Gain access to our liquidity depth and products through a variety of global platforms offering: 

  • U.S. Treasuries 
  • U.S. non-MBS agencies 
  • U.S. dollar-denominated interest rate swaps

WATS RMBS

Providing institutional and middle-market customers with competitive pricing and seamless electronic execution of:

  • Outright TBAs
  • Dollar rolls
  • Coupon/agency swaps