WATS® Rates

Wells Fargo Securities is a market leader in both electronic trading as well as voice dealing across various interest rate markets. By leveraging Wells Fargo’s extensive liquidity, we can effectively and efficiently execute across a variety of liquid structures including:

  • Treasuries: bills, notes, bonds, tips, and strips
  • Agencies: bullets, callables, discount notes, and zero coupons
  • Interest rate swaps: liquid tenor rate, spread {to LIBOR} structures, market-agreed coupon, butterfly swaps, curve trades, swap futures

You’ll benefit from our counterparty strength, liquidity depth, and excellent client service.

Where to find us

WATS Rates electronic offerings are available for execution on various venues based on asset class. We are continually committing resources to our efforts and expanding our presence and offerings for customers:


Bloomberg and Tradeweb

  • Ranked #1 in hit ratio on Bloomberg during the second quarter of 2015 out of the top 20 dealers based on executed volume
  • Added staff to focus specifically on Treasury inflation-protected securities (TIPS) and expanded our offering presence through an integration with Tradeweb


Bloomberg, Tradeweb, BondDesk, MarketAxess, The Muni Center, Knight Bondpoint, Tradeweb Retail

  • Ranked #1 Agency underwriter in second quarter of 2015 and #2 overall YTD 2015

Interest rate swaps

Bloomberg and Tradeweb

  • Awarded “Magenta” status on the Bloomberg platform based on our high ‘firm’ price ratio



  • Ranked #1 in hit ratio during the second quarter of 2015 in U.S. Treasuries based on executed volume
  • Continued focus on expanding market making capabilities in U.S. Treasuries and interest rate swaps in Asia