Driving Greater Transparency and Efficiency into the Market
For complete access to the market for credit default swaps, Tradeweb provides real-time pricing, axes and market liquidity from leading dealers for Single Name CDS and CDS Indices, including emerging markets.
Our global marketplace in the U.S. and Europe offers enhanced pre-trade price discovery and improved post-trade efficiency. Our fully compliant SEF and MTF platform provides seamless cleared or bilateral trading.
Key Features:
- Ability to send a RFQ to multiple dealers for roll pricing and outrights
- ‘Trade best’ button ensures dealer selection is prioritized by best net fee for curves, rolls and switches
- New click-to-trade screens for Index facilitates easy execution
- List tickets that allow multiple Single Name trades and portfolio rebalancing all at once
- AiEX automation for the speed and scale needed to drive efficiency
- Integration available for all major order management systems
Markets
- Liquidity Providers 14 U.S. providers, 13 European providers
- Products CDX / iTraxx
- Trade Lifecycle
-
Pre-Trade At-Trade Post-Trade Streams
Protocols
Request for Quote (RFQ)
Click-to-Trade (CTT)
Process Trade
Trade Types
Outright
Roll
Switch
Curve
Automated Trading (AiEX)
Direct Link to Major Clearing Houses
STP to Client OMS
Instant Trade Confirmation
Consolidated Transaction History
Best Execution Metrics
Audit Trail/Compliance Records
- Regulation SDR Reporting for SEF trades. APA reporting for MTF trades.
- Trading Hours
-
Americas
7:00 am New York time open
5:30 pm New York time close
Europe
7:00 am London time open
6:00 pm London time close
- Liquidity Providers 9 U.S. providers, 7 European providers
- Products Single Name
- Trade Lifecycle
-
Pre-Trade At-Trade Post-Trade Streams
Runs
Aggregated Pricing
Flexible Dealer Selection on Lists
Protocols
Request for Quote (RFQ)
Process Trade
ASAP List Trading
Trade Types
Outright
Roll
Switch
Curve
List
Integration
STP to Client OMS
Instant Trade Confirmation
Consolidated Transaction History
Best Execution Metrics
Direct to clearing workflow in place for MTF
- Regulation APA reporting for MTF trades
- Trading Hours
-
Americas
7:00 am New York time open
5:30 pm New York time close
Europe
7:00 am London time open
6:00 pm London time close