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Tradeweb and FTSE Russell Named as Reference Price Providers for Gilts and Treasury Bills

Tradeweb Markets, the global marketplace for electronic fixed income, derivatives and ETF trading, and FTSE Russell, the global index provider, were named by the UK Treasury as the joint future providers for end-of-day reference prices for Gilts and Treasury bills. Tradeweb and FTSE Russell are working to collaborate to create the “Tradeweb FTSE Gilt Closing Prices” solution following the UK Debt Management Office (‘DMO’) announcement that it intended to withdraw from the provision of reference prices, and its decision to launch an independent review into successor...

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