Cboe Global Markets to Launch New US Treasuries Trading Platform

Cboe Global Markets, a global market operator and trading solutions provider, announced its plans to launch a new dealer-to-dealer Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term for US Treasuries on Thursday. According to the press release, the Cboe Fixed Income platform will be the operator’s first cash US Fixed Income product offering.

The launch is expected to take place at any time during the second quarter of 2022, subject to regulatory approvals, Cboe noted. “We are excited to bring the best of what we do in the global FX market to the US Treasuries space. Cboe Fixed Income is designed to address some of the biggest challenges that dealers face today, including flow segmentation, information leakage and high hedging costs. We believe the new trading platform will provide a unique solution that enables Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term providers to interact directly with high-quality order flow, reduce market impact and receive opportunities for price improvement,” Jonathan Weinberg, Senior Vice President and Head of FX and US Treasuries at Cboe Global Markets, commented.

To enhance trading in US Treasuries, Cboe Fixed Income will combine Cboe’s Full Amount technology with its liquidity curation and analytics capabilities. Together, these capabilities will create an interdealer trading model that stands out from other options available on the market, the global market operator pointed out in the announcement.

Regulatory Registering

In addition, the Cboe Fixed Income is going through the process of registering with the US Securities and Exchange Commission (SEC) as a government securities broker-dealer.

“With our footprint covering the world’s largest and most liquid marketplaces, we are excited to enter the US Treasuries market and further broaden Cboe’s market operations on a global scale. Fixed Income represents an untapped market for Cboe with many exciting product possibilities, and we look forward to extending our innovative technology and trading solutions to this asset class to serve an even broader base of market participants,” Ed Tilly, Chairman, President and Chief Executive Officer of Cboe Global Markets, added.

Recently, Cboe Global Markets hired Bo Chung to become its new Senior Vice President, Sales and Index Licensing.