Tap into New Markets

Tradeweb is uniquely positioned to meet your global cross-product trading needs in Emerging Markets, delivering holistic solutions across both bond and derivatives markets. Today, our offering spans hard & local currency bonds, sovereign CDS, EM CDX,  EM IRS while also being the only platform to provide access to the local Chinese bond market through Bond Connect.   

We continue to innovate and expand access to new global markets with improved workflow efficiencies, transparency and auto-execution capabilities.

Through our connection to Bond Connect international institutional investors are able to directly access Mainland Chinese liquidity providers in the China Foreign Exchange Trade System (CFETS) market to discover prices, submit orders and trade Chinese domestic bonds.  Investors are able to trade all CIBM cash bonds using Tradeweb’s fully disclosed request-for-quote (RFQ) system, providing a more convenient way of accessing onshore dealers, greater pre-trade price transparency, improving the settlement process by leveraging existing global custodians and Central Moneymarkets Unit’s (CMU) nominee account structure and removing the need to execute trades through an agent bank.

 

Products

  • Liquidity Providers Liquidity Providers 34 providers through Bond Connect
  • Products Products All eligible CIBM instruments (including Chinese government bonds, local government bonds, policy bank bonds, certificates of deposit, commercial paper, corporate bonds, ABS)
  • Trade Lifecycle
    Trade Lifecycle chevron_right
  • Pre-Trade At-Trade Post Trade

    Block Allocations

    Indicative Streams

    Pre-Trade Integration

    Protocols

    Request for Quote (RFQ)

    Automated Intelligent Trading (AiEX)




    Systematic Post-Trade Reporting to CFETS

    Audit Trail/Compliance Records

    STP to Client OMS

     

  • Regulation
    Regulation chevron_right Chinese Market Rules
  • Trading Hours
    Trading Hours chevron_right
  • Asia
    Open 9:00 am - 12:00 pm China Standard time 
    Open 1:30 pm - 4:30 pm China Standard time

  • Liquidity Providers
    Liquidity Providers chevron_right 41 providers
  • Products Products Local & hard currency sovereign, quasi's and corporate bonds
  • Trade Lifecycle
    Trade Lifecycle chevron_right
  • Pre-Trade At-Trade Post Trade

    Axes

    Streams

    Runs

    Protocols

    All-to-All Trading (Blast A2A) 

    ASAP

    Request for Quote (RFQ)

    Process Trade

    Automated Intelligent Trading (AiEX)

    Trade Types

    Outright

    Cross

    List

    Portfolio

     

    U.S. Treasury Auto-Spotting

    Multi-Dealer Netting

    STP to Client OMS

    Consolidated Transaction History

    Error Reduction

    Best Execution Metrics

    Transaction Cost Analysis (TCA)

    Audit Trail/Compliance Records

  • Trading Hours
    Trading Hours chevron_right
  • Americas Europe Asia
    7:00 am New York time open 7:30 am London time open 8:45 am Tokyo time open
    5:30 pm New York time close 6:00 pm London time close 5:00 pm Tokyo time close

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