European Government Bonds

Designed by traders for traders, ICAP's BrokerTec platform is a recognised MTF, regulated by the FSA in the UK to operate across Europe.

ICAP facilitates electronic trading in European Government Bonds (EGBs) on BrokerTec in outright Cash, Basis and Switches.

EGB traders on BrokerTec participate in a transparent and orderly marketplace that is completely anonymous. Sectors include:

  • Eurozone Government Bonds and Treasury Bills
  • Inflation bonds – with Breakevens
  • Covered bonds
  • Explicit Government Guaranteed Bonds
  • Agency and Supranational Bonds

Benefits of trading EGBs on BrokerTec include:

  • Increased certainty of trade in live, executable markets
  • Level playing field for all participants
  • Market insight into true prices
  • Increased efficiency and improved risk management
  • Anonymous trading via a central counterparty
  • Effective straight through processing (STP) solutions
  • Dedicated sales team with strong EGB experience and knowledge of the market

BrokerTec is formally recognised in many Eurozone Government Bond markets as an eligible platform/system provider for Primary Dealers to fulfil their quoting obligations. These markets include:

  • Austria
  • Belgium
  • Finland
  • France
  • Ireland
  • Netherlands
  • Portugal

To ensure immediate response to customer queries and needs, the BrokerTec platform is supported by dedicated customer support representatives 24 hours a day.