15 December 2017
visit www.avoka.com

BNP Paribas signs up to TradeWeb's agency platform

22 August 2002  |  4936 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  |  5662 views  |  0 comments
Brief: BNP Paribas selects Tibco EAI platform

Brief: BNP Paribas selects Tibco EAI platform

08 July 2002  |  3946 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.response.ncr.comvisit www.thomsonreuters.info

Top topics

Most viewed Most shared
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
10177 views comments | 16 tweets | 25 linkedin
satelliteRipple completes XRP Lockup
9240 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
8885 views comments | 17 tweets | 36 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7580 views comments | 20 tweets | 11 linkedin
Australian Government amends AML rules to cover digital currenciesAustralian Government amends AML rules to...
7204 views comments | 15 tweets | 24 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job