23 August 2017
Visit http://response.ncr.com

BNP Paribas signs up to TradeWeb's agency platform

22 August 2002  |  4886 views  |  0 BNP Paribas signs up to TradeWeb's agency platform

BNP Paribas has become the 14th market maker to join electronic bond trading platform TradeWeb's agency dealer group.

The other dealers are Credit Suisse First Boston, Goldman Sachs, Lehman Brothers, Merrill Lynch, Salomon Smith Barney, Morgan Stanley, Deutsche Bank, Barclays Capital, JP Morgan, Greenwich Capital, ABN AMRO, Bear Stearns and UBS Warburg.

The TradeWeb Agency platform enables institutional investors in the US and Europe to view live, 2-sided pricing for US agency debt securities and to trade those securities with leading market makers.

The platform also features electronic straight-through processing of trades, providing dealers and customers with paperless trade allocations and confirmations on its fully-integrated TradeXpress network.

The addition of BNP Paribas comes at a time when trading volume on TradeWeb's agency platform is climbing steadily, with average monthly volume exceeding $35 billion and over $688 billion traded since the product launch in August 2000.

Bob Alter, head trader, US agency desk at BNP Paribas says: "We view TradeWeb as a method by which we can expand our distribution capabilities while providing our customers with a fast and efficient trade execution tool."

BNP Paribas already participates on TradeWeb as a market maker for the US treasuries platform.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

JPMorgan joins TradeWeb CP platform

JPMorgan joins TradeWeb CP platform

08 August 2002  |  5602 views  |  0 comments
Brief: BNP Paribas selects Tibco EAI platform

Brief: BNP Paribas selects Tibco EAI platform

08 July 2002  |  3905 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.dorsum.euvisit www.vasco.comdownload the paper now

Top topics

Most viewed Most shared
Rabobank constructs physical model to understand IT architectureRabobank constructs physical model to unde...
15532 views comments | 39 tweets | 74 linkedin
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
13066 views comments | 28 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
11712 views comments | 22 tweets | 34 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
10906 views comments | 21 tweets | 35 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
10800 views comments | 10 tweets | 8 linkedin

Featured job

Competitive base and bonus, plus benefits
London, UK

Find your next job