BrokerTec

BrokerTec is a leading fixed income electronic trading platform which provides deep liquidity and transparency across cash and repo markets, including, but not limited to: U.S. Treasuries, European Government Bonds, UK Gilts, Japanese Government Bonds, Australian Government Bonds, Corporate Bonds, Emerging Market debt and Sovereign, Supranational and Agency Bonds.

BrokerTec offers two trading modalities – an anonymous, interdealer central limit order book for cash and repo and a dealer to client relationship-based request for quote (RFQ) venue:

Central Limit Order Book (CLOB): CCP cleared, anonymous trading in a liquid order book with a focus on tight spreads. A global product offering covering single ISINs, triparty and GC baskets, partnered with the market for over 25 years. Integration with all major independent software vendors (ISVs) and a functionally rich GUI provide dealers with flexible market access.

BrokerTec Quote: A cutting edge, dealer to client, RFQ based platform helping participants to strengthen their trading relationships through automated and efficient execution. Quote offers a broad product range, including government bonds, SSAs, credit, MBS and securities lending, providing tailored, cost effective solutions for agent lenders, hedge funds, asset managers, corporate treasuries and central banks to connect to their dealers. Full FIX support for order staging, trade capture and life-cycle events and a comprehensive selection of trade types and terms allows participants to integrate their entire trading flow.

BrokerTec is part of CME Group. As the world’s leading derivatives marketplace, CME Group 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.