Eurex Bonds Expands To Include First Brokerage Company - Focus On Brokers And Proprietary Trading Companies As New Participant Groups

The international bond-trading platform Eurex Bonds has admitted Tradition, through its subsidiary TSA, as first inter-dealer brokerage company to trading, thus expanding into a new participant group. In addition to banks trading on the platform, Eurex Bonds aims to gain further brokers and proprietary trading companies as participants. The company expanded its admission framework in July this year in close consultation with its shareholders and opened the platform to this group of participants. Since the traditional division between interbank trading and proprietary trading is disappearing due to the increasing success of over-the-counter electronic bond trading platforms, it is becoming increasingly important for these platforms to tap into new participant groups.

“In just 5 years the international bond trading platform Eurex Bonds has become one of the most important and liquid electronic marketplaces for fixed-income securities in Europe,” said Dominique Velter, Strategic Marketing Manager of Tradition. “It is a great honor for us to be the first brokerage firm to be admitted as a member of Eurex Bonds. We are very enthusiastic about this opportunity to partner with Eurex Bonds in the over-the-counter markets.”