The Tradeweb ETF hedging tool supports trading on European government, corporate, and covered bonds, SSA (supranational, sovereigns and agencies), U.S. treasuries and JGBs. Users can request prices from several liquidity providers simultaneously and trade multiple line items at once. Several calculations will be available to value the baskets, including volume weighted average price (VWAP), total principal proceeds (TPP) and total net proceeds (TNP). Tradeweb launched its ETF trading platform in 2012. Tradeweb Markets LLC Tradeweb Markets builds and operates many of the world's most efficient financial marketplaces, providing 2,000 institutional investors and dealers with greater transparency and better ways to execute their business.