CME Group has announced that Citigroup, J.P. Morgan and Morgan Stanley will participate in trading cash U.S. Treasuries on BrokerTec Chicago when it launches on 6 October. At launch, clients will be able to trade all seven of BrokerTec’s on-the-run benchmark U.S. Treasuries, offered in smaller notional sizes and tighter price increments to align with the futures market. Access will be available through existing CME Globex connectivity, including the BrokerTec API.
The BrokerTec marketplace for fixed income trading, covering benchmark U.S. Treasuries and U.S. and EU repo transactions, is operated by CME Group. In the first quarter of this year, it set a record with a $1.05 trillion single-day average daily notional volume across its trading platforms. CME Group also reported a record 8.8 million average daily contracts traded in its U.S. Treasury futures and options during 2025.
Subscribe to our newsletter
