03.11.2020

FINRA Launches New Data On Treasuries Trading

03.11.2020

FINRA for the first time posted weekly, aggregate data on the trading volume of Treasury securities reported to TRACE®, FINRA’s Trade Reporting and Compliance Engine®.

The new Treasury Aggregate Statistics report provides trading volume in U.S. Treasury securities reported to TRACE for the prior week. The information is aggregated by Treasury security subtype: bills, floating rate notes (FRN), nominal coupons, and Treasury inflation-protected securities (TIPS). The data are further grouped into two categories: alternative trading system/interdealer transactions, and dealer-to-customer transactions.

For nominal coupons and TIPS, the report also shows remaining maturity and on-the-run/off-the run buckets.

Securities firms began reporting Treasury transactions to FINRA in July 2017, with the goal of providing regulators and policymakers with additional information to increase understanding and enhance surveillance of this bellwether market.

”Publishing this important data will increase transparency for the benefit of investors and other market participants,” said Thomas Gira, Executive Vice President, Market Regulation and Transparency Services. “We look forward to continue working with the Treasury Department, the SEC and the Federal Reserve Board to advance market transparency and sound oversight and policymaking.”

Source: FINRA

Related articles

  1. An estimated 200 SGX-listed fixed income securities already meet the criteria.

  2. Regulation and Liquidity Top Concerns in Fixed income

    IOSCO supports global efforts to improve the resilience of non-bank financial intermediation.

  3. Steps have been taken to enhance the resilience of the U.S. Treasury market.

  4. The number of participating banks has grown from 10 to more than 30.

  5. Europe Leads Sustainable Investing

    The new sustainability bond framework extends the pathways for broader ESG initiatives.