NEW YORK and CHICAGO,
Feb. 2, 2021 /PRNewswire/ -- CME
Group, the world's leading and most diverse derivatives
marketplace, today announced that BrokerTec, a leading provider of
electronic trading platforms and technology services in fixed
income markets, has migrated its U.S. Treasuries benchmark trading
and U.S. Repo platform to CME Globex. This follows the integration
of BrokerTec's EU government bond and repo markets in January.
With BrokerTec's dealer-to-dealer platform now a fully
integrated part of CME Globex, clients have an enhanced suite of
government bond trading offerings across listed derivatives, cash
and repo markets on a common platform allowing greater operational
and technological efficiencies when managing risk across cash and
futures.
"Going forward BrokerTec clients will benefit from the
world-class technology available on the CME Globex platform,
allowing them to leverage new features and functionality," said
John Edwards, Global Head of
BrokerTec. "As clients look to more efficiently manage their
risk, this migration will facilitate greater opportunities across
execution, analytics, clearing and settlement for listed interest
rate derivatives, cash government bonds and repos – all in one
place."
As part of the migration, the existing BrokerTec Global Front
End (GFE) application has been integrated into CME Globex, and
real-time BrokerTec data can be streamed with CME Group futures and
options data for users of the CME Market Data platform.
CME Group acquired BrokerTec in November
2018. For more information on BrokerTec platforms, visit:
https://www.cmegroup.com/trading/market-tech-and-data-services/brokertec/platforms.html.
About CME Group
BrokerTec is part of CME Group. As the
world's leading and most diverse derivatives marketplace, CME Group
(www.cmegroup.com) enables clients to trade futures, options, cash
and OTC markets, optimize portfolios, and analyze data – empowering
market participants worldwide to efficiently manage risk and
capture opportunities. CME Group exchanges offer the widest range
of global benchmark products across all major asset classes based
on interest rates, equity indexes, foreign
exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex® platform, fixed
income trading via BrokerTec and foreign exchange trading on the
EBS platform. In addition, it operates one of the world's
leading central counterparty clearing providers, CME
Clearing. With a range of pre- and post-trade products and
services underpinning the entire lifecycle of a trade, CME Group
also offers optimization and reconciliation services through
TriOptima, and trade processing services through Traiana.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago Board
of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York
Mercantile Exchange and ClearPort are trademarks of New York
Mercantile Exchange, Inc. COMEX is a trademark of Commodity
Exchange, Inc. BrokerTec, EBS, TriOptima, and Traiana are
trademarks of BrokerTec Europe LTD, EBS Group LTD, TriOptima AB,
and Traiana, Inc., respectively. Dow Jones, Dow Jones
Industrial Average, S&P 500 and S&P are service and/or
trademarks of Dow Jones Trademark Holdings LLC, Standard &
Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as
the case may be, and have been licensed for use by Chicago
Mercantile Exchange Inc. All other trademarks are the
property of their respective owners.
CME-G
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SOURCE CME Group