Barclays Capital, a new dealer on Tradeweb CP market

Barclays Capital became a dealer on Tradeweb's U.S. Commercial Paper marketplace as reported by Tradeweb, a leading provider of online markets for institutional investors and dealers. As a part of the integration of Lehman Brothers' North American businesses with Barclays Capital the latter will be providing clients online access to new issues and inventory, as well as live commentary on the market.

Tradeweb’s online money market was introduced in 2001. Since that time commercial paper business rapidly expanded worldwide with $50 trillion of CP traded in the U.S. and Europe since launch. Corporates rely on Tradeweb as an industry pricing source and can directly trade commercial paper online using its flexible search engine to quickly filter and sort offerings. Today CP dealer group in the US includes Bank of America, Barclays Capital, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, J.P. Morgan, Merrill Lynch and Morgan Stanley.

"With the integration of Lehman Brothers' commercial paper desk, Barclays Capital has an even greater presence in this market and our participation in Tradeweb's online commercial paper marketplace provides our clients with enhanced services," said Eric Bommensath, Managing Director and Head of Fixed Income at Barclays Capital.