Jump Trading Added to European Government Bond Marketplace

Jump Trading has joined Tradeweb Markets’ European Government Bond marketplace to provide bank participants with streaming liquidity via the new Tradeweb EUGV STAQ API. The global proprietary trading firm, Jump Trading, currently uses the solution to stream its actionable prices for US Treasuries on Tradeweb. Tradeweb said that its new EUGV STAQ API enables traders to execute on these price streams on a name disclosed basis in a single centralized location. The price levels can either be traded during a Request-for-Quote (RFQ) negotiation manually or built into an automated trading workflow via Tradeweb’s rules-based Automated Intelligent Execution (AiEX) tool. According to a story in The Trade news, Tradeweb’s European Government Bond platform executed a record $37 billion in average daily volume in January 2022, an increase of 22.2% compared to January 2021. The marketplace provides access to over 40 bond market makers from 19 European countries across six currencies.