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Tradeweb Government Bond Update – May 2023
As we continue to explore ways for overseas investors to connect to the Chinese onshore bond market, Tradeweb is the first trading platform to offer electronic request-for-quote (RFQ) trading to the access channel known as China Interbank Bond Market (CIBM) Direct.
Having taken the lead in transforming international investors’ access to China’s onshore bond market, Tradeweb now offers an additional direct electronic access channel via electronic trading on Tradeweb CIBM Direct Link.
Not only does Tradeweb CIBM Direct Link deliver greater connectivity, efficiency and transparency benefits, it also provides access to a wide range of fixed income instruments in China’s bond market. These include: Cash bonds in interbank market such as government bonds, People’s Bank of China (PBoC) bills, financial bonds, commercial paper and medium-term notes.
Increase Access, Connectivity & Transparency
Benefit from Tradeweb’s fully electronic RFQ workflow:
Pre-Trade | At-Trade | Post Trade |
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Block Allocations Indicative Streams Pre-Trade Integration |
ProtocolsRequest for Quote (RFQ) Advanced Trade ToolsAutomated Intelligent Trading (AiEX) |
Systematic Post-Trade Reporting to CFETS Audit Trail/Compliance Records STP to Client OMS
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Asia |
Open 9:00 am - 12:00 pm China Standard time |
Open 1:30 pm - 4:30 pm China Standard time |