CME’s Ted Carey discusses where the exchange is seeing larger trades being executed.
Expanding in credit is central to building a full-service offering for institutional clients.
The contracts are the first to manage duration risk through an intercommodity spread with Treasury futures.
The firm launched its targeted block trading solution in U.S. credit in mid-May.
When choosing service providers, asset managers need to share their data and technology requirements upfront.
The industry needs to assess the continued rise of non-bank players in liquid and private credit.
Action is needed to better monitor these transactions which created problems that led to the 2008 crisis.
The commitment supports investment-grade, asset-backed credit originated by Apollo and ATLAS.
By Ted Husveth, Managing Director, US Credit, Tradeweb
