Treasury futures open interest shows record uncertainty; surpasses 17 million contracts
Derivatives market operator, CME Group, reports that open interest (OI) in its US Treasury futures reached a record 17,222,551 contracts on 12 May, the...
BrokerTec integrates relative value curve spread trading with Broadway Technology
Fixed income and FX trading platform, BrokerTec, has partnered with Broadway Technology to make its relative value (RV) curve spread trading functionality available on...
Tradeweb poaches Dan Cleaves to lead Dealerweb CLOB
Market operator Tradeweb has appointed Dan Cleaves, the former CEO of Brokertec Americas, as a managing director in its Dealerweb wholesale unit.
He said, “The...
CME to launch rates futures based on Mexico’s F-TIIE
Derivative and rates market operator, CME Group, is to introduce interest rate futures based on the Central Bank of Mexico's Overnight TIIE funding rate...
How traders weathered the Treasury sell-off
The US Treasury’s auction of seven-year notes last Thursday saw the lowest investor appetite ever, according to some sources, leaving primary dealers holding the...
CME Group completes migration of BrokerTec trading platform to CME Globex
Market operator CME Group has migrated the US Treasuries trading and US repo functions of BrokerTec business to its CME Globex platform. This follows...
Tradeweb to acquire Nasdaq’s eSpeed central limit order book
Electronic bond market operator, Tradeweb, has agreed to buy Nasdaq’s US fixed income electronic trading platform. The Nasdaq interdealer platform, formerly known as eSpeed,...
CFTC & SEC: JP Morgan manipulated Treasuries market during flash crash period
US market regulators the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have fined JP Morgan over US$920 million in penalties...
SEC report on algo trading highlights lack of joint oversight
US markets regulator the Securities and Exchange Commission (SEC) has published a report to the US Congress on algorithmic trading in US debt and...
Greenwich: D2C Treasuries e-trading increases in July
An analysis of trading in the US Treasury space by Greenwich Associates has seen the proportion of electronic dealer-to-client activity (D2C) increasing in July,...
