LONDON, Feb. 15, 2022 /PRNewswire/ -- BrokerTec, a
leading provider of electronic trading platforms and technology
services in fixed income markets, today announced that Relative
Value (RV) Curve spread trading achieved a single-day, volume
record of $2.83 billion notional on
February 10, and a weekly average
daily notional volume (ADNV) record of $1.47
billion achieved during the week of February 7, 2022.
"In volatile markets, clients are increasingly turning to
RV Curve to efficiently manage their risk along the curve –
particularly in a week when the market had to digest
higher-than-expected U.S. inflation numbers, 10-year note yields
surpassing 2%, and the 30-year Treasury bond auction," said
John Edwards, Global Head of
BrokerTec. "Since their launch in March
2021, these products have received growing interest because
they bridge liquidity across BrokerTec's central limit order book
allowing clients to seamlessly trade benchmark curve spreads at
tighter increments and without legging risk."
RV Curve allows clients to trade pre-defined cash U.S. Treasury
benchmark spreads as a yield differential and in a single order for
the first time. The tool offers 21 spreads, providing a full view
of the relationships between 2-, 3-, 5-, 7- and 10-year Treasury
notes and 20- and 30-year Treasury bonds.
For more information on RV Curve, please visit:
www.cmegroup.com/rvcurve.
As the world's leading 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.
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 and EBS are trademarks of BrokerTec Europe LTD and
EBS Group LTD, 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