05.22.2019

BrokerTec Launches Quote RFQ Trading For European Repo

05.22.2019

BrokerTec, a leading provider of electronic trading platforms and technology services in fixed income markets, today announced it will launch BrokerTec Quote, a new dealer-to-client Request for Quote (RFQ) trading solution for the European Repo market.

Launching in the second quarter of 2019 (subject to regulatory approval), BrokerTec Quote will provide market participants trading European Repo with a new, enhanced RFQ capability, providing a more intuitive and efficient means of trading. This will enable participants to make more informed trading decisions and will provide significant enhancements to negotiation and execution.

BrokerTec Quote will be available for the trading of European Sovereign Debt, UK Gilts along with Supranational and Agencies in the EU27. Future enhancements are expected to include US Treasuries and several major sovereign bond markets including Australian and Japanese Government Bonds.

“The development of RFQ functionality and launch of the new BrokerTec Quote segment is the next extension to our existing, market leading dealer-to-dealer Repo platform,” said John Edwards, Managing Director of BrokerTec Europe. “This new service will leverage the existing regulated platforms in the UK and the Netherlands for the EU27 and offers meaningful opportunities for the dealer community on BrokerTec by delivering significant efficiencies and enhanced execution services in the dealer-to-client space via an RFQ protocol.”

Clients using BrokerTec Quote will also benefit from access to BrokerTec Analytics, a new service which provides clients with individual trade performance and historical data to inform future trading decisions.

Source: CME Group

It's been a month since we had our Women In Finance Awards in New York City at the Plaza! Take a look back tab some moments, and nominate for our upcoming awards in Mexico City and Singapore here: https://www.marketsmedia.com/category/events/

4

Citadel Securities told the SEC that trading tokenized equities should remain under existing market rules, a position that drew responses from various crypto industry groups. @ShannyBasar for @MarketsMedia:

SEC Commissioner Mark Uyeda argued that private assets belong in retirement plans, saying diversified alts can improve risk-adjusted returns and that the answer to optimal exposure “is not zero.” @ShannyBasar reporting for @MarketsMedia:

COO of the Year Award winner! 🏆
Discover how Jennifer Kaiser of Marex earned the 2025 Women in Finance COO of the Year recognition.

Load More

Related articles

  1. Emerging Market FX Trading: Liquidity Challenges

    More countries are set to join leading emerging market indices in 2026.

  2. This is the first step in the broader strategy to make DTC-custodied assets available onchain.

  3. The white paper marks the first step to support more reliable and effective pre-trade transparency.

  4. Proposed order would expand CME-FICC cross-margining to customers.

  5. Trading Europe From ‘Across the Pond’

    Settling government bonds in a T2S environment reduces operational risk and increases efficiency.