Tradeweb Markets has secured two framework agreements to supply electronic trading platforms to the European Central Bank and other Eurosystem national central banks. The platforms will cater to EUR-denominated bonds, US treasuries, Japanese government bonds, as well as USD- and EUR-denominated supranationals, sovereign and agency (SSA) bonds. The contracts have a duration of four years, with the possibility of two extensions for an additional two years.
In response to the news, Tradeweb Markets CEO Billy Hult expressed gratitude for the opportunity to continue providing trading services to the European Central Bank. Hult emphasized the company’s commitment to collaborating with the ECB and enhancing the trading experience for central bank and sovereign wealth fund clients on their platform. The partnership aims to further streamline and improve electronic trading in the financial sector.
