Tradeweb Markets Inc. Introduces T-Bills Trading on ICD Portal

Published: 2025-06-26 09:50:59 ET TW

Published on 06/26/2025 at 09:50

Tradeweb Markets Inc. announced the launch of direct U.S.Treasury bills (T-bill) trading for corporate treasurers via direct connection between its ICD Portal and its institutional trading platform. Corporate treasurers using ICD Portal can now trade T-bills through Tradeweb's institutional trading platform, allowing them to manage T-bills investments seamlessly alongside other core investment options on ICD Portal--including money market funds, separately managed accounts, bank deposits, and bond funds--through a single, integrated solution. Tradeweb, a global leader in electronic trading, acquired Institutional Cash Distributors ("ICD") in 2024 to establish a dedicated client vertical for corporate treasury, delivering a comprehensive, end-to-end solution for managing global corporate liquidity, trading, and investment operations.

The launch of T-bills is an important first step toward integrating corporate Treasurer workflows across a variety of Tradeweb products, geographies, and liquidity pools in the future-- beginning with trade execution and straight-through processing on highly liquid products and currencies. Tradeweb will collaborate closely with corporate clients to find the most innovative and useful ways for them to transfer risk and optimize cash. The direct T-bills and a growing roadmap of fixed income offerings to come, Tradeweb continues to evolve as a centralized destination for corporate investors seeking greater control, transparency, and efficiency in managing short-term investments.