The Gateway to Algorithmic and Automated Trading

Citadel Securities joins Tradeweb's institutional U.S. Treasuries marketplace

First Published 15th March 2017

Expands market-making franchise on Tradeweb beyond IRS, CDS and U.S. ETFs

Billy Hult, Tradeweb Markets

Billy Hult, Tradeweb Markets

New York - Citadel Securities, the market-maker for the equities, futures, options, treasuries, FX and swaps markets, and Tradeweb Markets, a provider of fixed income, derivatives and ETF marketplaces, have announced that Citadel Securities has become a liquidity provider on the Tradeweb institutional U.S. Treasury marketplace. Citadel Securities' expansion into U.S. Treasuries complements their existing market making efforts on Tradeweb in interest rate swaps, credit default swap indices, and U.S. ETFs.

Billy Hult, President of Tradeweb Markets said: "As market participants like Citadel Securities continue to leverage electronic markets in new and different ways, we look forward to driving innovation that supports more efficient and effective fixed income and derivatives trading."

"Joining the Tradeweb Treasury platform is a natural strategic development for our business", said Paul Hamill, Global Head of Fixed Income, Currencies and Commodities at Citadel Securities. "We continue to expand our fixed income client franchise, most recently adding off-the-run Treasuries, and remain committed to providing our clients with excellent service and fully firm liquidity across the curve."