| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 28 | 62% | 35% | 3% | 38% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 23 | 82% | 17% | 1% | 85% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jan 2022 | 32 | 60% | 34% | 6% | 87% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2022 | 32 | 65% | 28% | 7% | 40% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Sept 2020 | 28 | 75% | 19% | 7% | 35% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 39 | 41% | 47% | 12% | 75% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms for paying invoices are 30 days from invoice date. We perform a monthly payment run primarily during the last week of every month.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
To dispute an unpaid invoice please email: Europe.AccountsPayable@tradeweb.com
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
TRADEWEB EUROPE LIMITED is a leading financial technology company that provides electronic trading platforms for fixed income, derivatives, and ETF markets. The company was founded in 1998 and is based in London, United Kingdom.
Sustainability is a key focus for TRADEWEB EUROPE LIMITED, and the company has implemented several initiatives to reduce its environmental impact. This includes using green energy sources, reducing paper usage, and promoting remote working to decrease carbon emissions. The company also has a dedicated sustainability team that works to improve the company's environmental, social, and governance practices.
TRADEWEB EUROPE LIMITED offers a wide range of products and services, including trading platforms for government bonds, corporate bonds, derivatives, and ETFs. These platforms provide efficient and transparent trading solutions for institutional clients, including banks, asset managers, and hedge funds. The company also offers post-trade services, such as trade processing and settlement, to help clients streamline their operations.
The key people at TRADEWEB EUROPE LIMITED include Lee Olesky, the CEO, and Neil McPherson, the Head of Europe. Both have extensive experience in the financial industry and are committed to driving the company's growth and sustainability efforts.
To contact TRADEWEB EUROPE LIMITED, individuals can visit their website at www.tradeweb.com or email them at info@tradeweb.com. The company's registered office address is 10 Finsbury Square, London, EC2A 1AF, United Kingdom.