Electronic trading in the US Treasury secondary market is evolving and shifting, as non-bank liquidity providers and dealers participate on venues that offer bilateral streaming on a disclosed basis.
Non-bank liquidity providers and some dealers are actively participating in venues that support bilateral streaming, according to a Greenwich Associates webinar, “U.S. Treasury Trading, Where We Go From Here.”
Aggregated streaming is emerging as a significant protocol in electronic trading of US Treasury bonds, according to webinar speakers, which examined the impact of this trend on market participants.
