The Relative Value Curve spread trading tool at BrokerTec allows clients to trade cash US treasury benchmark spreads in a single order.
The BrokerTec EU government bond and repo platform was migrated to the Globex system at CME Group earlier this month.
The BrokerTec EU government bonds and repo platform is the first of its electronic trading platforms to migrate to CME Globex.
The BrokerTec Quote platform was first launched by CME for European repo, European sovereign debt, and UK gilts in June last year.
BrokerTec and TriOptima collaboration aims to solve operational burden around manual processes for repo trading.
Migration of BrokerTec and EBS businesses to the CME Globex platform follows CME’s acquisition of NEX Group in 2018.
New senior management for BrokerTec, EBS and Optimisation Services business lines installed following acquisition by CME.
New Request-for-Quote platform to launch in Q2 this year for European market participants.
After connecting last month, BrokerTec clients can choose Eurex Clearing as the CCP for clearing EUR repo trades.
NEX BrokerTec and Tradition will provide data on US Treasuries and interest rate swaps for new data service from Bloomberg.