Plato Partnership and Tradeweb unveil Tradeweb Plato eBlock, a strategic partnership for European cash equity risk trading - Seite 2

At Tradeweb we are focused on solving market structure issues, as demonstrated by the success of our European ETF marketplace, providing clients with access to highly competitive pricing via the RFQ protocol in large notional size."

Mike Bellaro, Plato Partnership Co-Chair, commented:

"We are pleased to partner with Tradeweb to deliver this innovative solution for risk trading of cash equities.

eBlock allows buy-side traders to tie the sourcing of risk liquidity into the execution process using intelligent data analytics, giving them the necessary information required to make good decisions about trade execution.

"This is yet another step in a series of developments from Plato Partnership which will reduce trading costs, simplify market structure and champion the objectives of end investors."

Enquiries

Cicero Group (on behalf of Plato Partnership)
Jonathan Gifford
[e-mail]
[phone]
[phone]

Tradeweb Markets
Susan Bennett
[e-mail]
[phone]

Notes to Editors

About Plato Partnership Limited

Plato Partnership Limited ("Plato Partnership"), a not-for-profit company representing the buy and sell-side, has come together with a vision of bringing creative solutions and efficiencies to today's equity marketplace. The group's key aims are to reduce trading costs, simplify market structure, and to act as a champion for end investors.

Central to this vision is Plato Partnership's Market Innovator (MI3); a research fund which will sponsor academic research and analysis that will identify ever better ways of executing trades, as well as lowering the cost and improving the quality of the broad range of processes required to support the execution lifecycle.

Plato Partnership will work with industry partners to achieve its goals and objectives and put its research findings into practice.

Members of Plato Partnership include Axa Investment Managers, Ballie Gifford, BlackRock, Cedar Rock, Deutsche Asset Management, Fidelity International, Franklin Templeton Investments, Liontrust, Norges Bank Investment Management, SKAGEN AS, Union Investment, Barclays, Bank of America Merrill Lynch, Citi, Deutsche Bank, Goldman Sachs, Instinet Europe Ltd, Jefferies, J.P. Morgan, Morgan Stanley, RBC, Societe Generale and UBS.