Boerse Stuttgart Collaborates with Tradeweb to Provide Access to US Bonds Liquidity

Boerse Stuttgart, Germany’s leading floor-based exchange, announced that it has formed a partnership with Tradeweb Markets, a Nasdaq-listed company, to offer direct access to liquidity in US bond trading.

According to the official announcement, the newly formed collaboration will provide investors with expanded access to deep integrated US corporate bond liquidity by leveraging Tradeweb's US odd-lot bond pricing.

For this link of liquidity to Boerse Stuttgart’s FX-Bond segment called FXplus, Tradeweb will provide live pricing streams to the flexible sell-side interface of Boerse Stuttgart. FXplus allows non-EUR trades to settle directly in the respective trading currency, without conversion into EUR.

Investors who want to buy US dollar denominated bonds on Boerse Stuttgart’s established EUR platform also benefit from the Quality Liquidity Provider EUWAX AG in Boerse Stuttgart’s hybrid market model, which will synchronize the liquidity between both platforms. The cooperation between Tradeweb and Boerse Stuttgart in bond trading is expected to be continually expanded.

"This expansion of our international network to the highly liquid US dollar corporate bond market contributes significantly to improved price quality and reliable order execution,“said Michael Görgens, Managing Director Fixed Income and eSales at Boerse Stuttgart.

“The integration of Tradeweb’s live streaming prices within the Boerse Stuttgart offering is an important step in connecting investors with the technology and tools they need to efficiently transact bonds,” said John Cahalane, Managing Director at Tradeweb.