Tradeweb will now publish FTSE UK Gilt and European Government Bond Benchmark Closing Prices at 4:30 PM.
This change has been made in response to client demand, the company said. It aims to improve market transparency and facilitate timely access for all market participants.
Lisa Schirf, global head of data and analytics, commented: “[This] is an important step in further expanding our benchmark pricing capabilities to meet growing client demand. This development is reflective of our ongoing commitment to enhancing our modern fixed income toolkit for institutional investors worldwide, and ultimately building more transparent, intelligent and efficient markets.”
Tradeweb has been the official price provider for UK gilts since 2017, when the UK Debt Management Office opted to replace its in-house prices with an independent provider. Benchmark closing prices for European government bonds have been available through the firm since 2023. Delivered in partnership with FTSE Russell, these prices use data from Tradeweb’s deal-to-client trading platform.
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