Bringing you live news and features since 2006 

Tradeweb and FTSE Russell launch closing prices for Euro Government Bonds

RELATED TOPICS​

Electronic marketplace firm Tradeweb Markets Inc has announced it has collaborated with FTSE Russell to launch benchmark closing prices for European government bonds. Calculated in accordance with the EU Benchmark Regulation, Tradeweb FTSE Euro Government Bond Closing Prices are available from Tradeweb and provide end-of-day reference prices for Euro-denominated nominal bonds issued by Austria, Belgium, Finland, European Union, France, Germany, Greece, Ireland, Italy, Netherlands, Portugal and Spain.

Tradeweb is the Calculation Agent and FTSE Russell is the Benchmark Administrator for Tradeweb FTSE Euro Government Bond Closing Prices. Tradeweb calculates the closing prices based on data from its dealer-to-client trading platform.

Tradeweb FTSE Euro Government Bond Closing Prices follow the same robust calculation methodology as Tradeweb’s well-established UK Benchmark Regulation prices for UK Gilts, which are produced in accordance with the IOSCO Principles for Financial Benchmarks. Trusted reference price data is critical for financial firms to manage investment portfolios, evaluate the fair value of securities, perform compliance and satisfy general accounting standards.

“With bond indices, ETFs and trade-at-close strategies becoming more and more integral to fixed income markets, the need for reliable and transparent closing price data has never been greater,” says Enrico Bruni, Head of Europe and Asia Business at Tradeweb. “FTSE Russell is a global leader in benchmarking and we look forward to extending our successful collaboration to other global markets going forward.”

“Having a robust and transparent methodology, that is administered according to IOSCO Principles for Financial Benchmarks, is core to providing credible reference pricing,” says Scott Harman, Global Head of Fixed Income and Multi-Asset Indices at FTSE Russell. “As a leading electronic trading platform for European government bonds, Tradeweb has a strong understanding of these markets and the important role this data plays across bonds, ETFs and indices.”

A record USD42.4 billion in average daily volume was executed on Tradeweb’s European Government Bond platform in Q1 2023, up 12 per cent from Q1 2022. 

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by