LONDON and NEW
YORK, Jan.
18, 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 successfully
migrated its European government bonds and repo trading platform to
CME Globex.
"This migration is a key step to provide greater operational
efficiencies to market participants by enabling them to view and
trade the world's most liquid listed interest rate derivatives
alongside cash bonds and repos on the same technology
architecture," said John Edwards,
Global Head of BrokerTec. "This will allow us to innovate and
develop new products and services and deliver unparalleled value to
customers in the fixed income markets."
CME Group acquired BrokerTec in November
2018. The BrokerTec EU government bonds and repo platform is
the first of BrokerTec's electronic trading platforms to migrate to
CME Globex. The transition of BrokerTec's U.S. treasury and repo
trading platform is scheduled for February
1, 2021.
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 a 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