Press release

Tradeweb Introduces T-bill Trading on ICD Portal

Corporate treasurers using ICD Portal can now trade U.S. Treasury bills directly via Tradeweb’s leading electronic trading platform NEW YORK--(BUSINESS

articleTradeweb Markets Inc.June 26, 20254/company/tradeweb-markets-inc/news/tradeweb-introduces-t-bill-trading-icd-portal-2025-06-26
Tradeweb Introduces T-bill Trading on ICD Portal

About this update from Tradeweb Markets Inc.

[{"type":"text","content":"\nCorporate treasurers using ICD Portal can now trade U.S. Treasury bills directly via Tradeweb’s leading electronic trading platform\n\n\n NEW YORK--(BUSINESS WIRE)--\nTradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic marketplaces for rates, credit, equities, and money markets, today announced the launch of direct U.S. Treasury bill (T-bill) trading for corporate treasurers via direct connection between its ICD Portal and its institutional trading platform.\n\n\nCorporate treasurers using ICD Portal can now trade T-bills through Tradeweb’s institutional trading platform, allowing them to manage T-bill 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.\n\n\nTradeweb, 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.\n\n\nThe 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.\n\n\nTory Hazard, Managing Director, ICD, said: “Tradeweb is uniquely positioned to provide corporate treasurers with a comprehensive and efficient trading experience. The direct T-bill trading capability on ICD Portal—combined with our advanced price discovery and order execution technologies—offers corporate clients a powerful, automated workflow that enhances cash management, minimizes risk, and supports optimal liquidity. This launch reflects our commitment to leveraging our institutional platform to deliver the fixed income products in highest demand by corporate treasury teams. We plan to add more fixed income instruments to ICD Portal in the future, aligning with our clients’ evolving investment strategies.”\n\n\nToday, ICD Portal facilitates more than $4.5 trillion in a...

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