Barclays Capital has joined the investor group that owns a piece of electronic trading firm, Tradeweb.

The investment banking division of Barclays Bank plc has taken a minority equity stake in Tradeweb, which is majority-owned by Thomson Reuters and a group of brokerage firms (including Bank of America/Merrill Lynch, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, J.P. Morgan, Morgan Stanley, RBS, and UBS).

In connection with the transaction, Thomson Reuters and the dealers will invest an additional US$68 million in the firm.

“This investment is not only great news for Tradeweb, but can be seen as further validation of electronic trading in general. Barclays Capital is a world-class investment bank, with a leading position in online trading established over many years, including as a liquidity provider for 14 markets on Tradeweb,” said Lee Olesky, CEO of Tradeweb.