TradeWeb to Support U.K. Gilts, Credit Trading
FRONT PAGE: CONNECTIVITY
LONDON--TradeWeb Europe, the dealer-to-client online bond trading platform, is planning to add sterling-denominated fixed-income products to its current line-up of European bond products, officials tell TTW exclusively.
The new products will be bonds issued by the U.K. government, which, because they carry little risk, are known as gilt-edged bonds, or gilts.
"We’ve been looking at the U.K. gilt market very closely," says TradeWeb Europe CEO Lee Olesky. "I’m confident we will be in that market
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