NOW WATCH: Risk.net has published a confidential list of the top Eight firms ranked by volume traded on BrokerTec , an ICAP -owned trading platform for ICAP . BrokerTec is believed to make up 65% to 70% of interdealer market volumes and the list shows that high-frequency traders have moved in on Treasury bond market in a big way. Details are listed on the linked article which highlights the extent to which trading activity in the interdealer the US Treasury market is concentrated with a handful of non-bank firms according to the BrokerTec report. the US Treasury reportedly claims that the volume of trading is overstated.
Risk.net has published a confidential list of the top Eight firms ranked by volume traded on BrokerTec , an ICAP -owned trading platform for ICAP . BrokerTec is believed to make up 65% to 70% of interdealer market volumes and the list shows that high-frequency traders have moved in on Treasury bond market in a big way. Details are listed on the linked article which highlights the extent to which trading activity in the interdealer the US Treasury market is concentrated with a handful of non-bank firms according to the BrokerTec report. the US Treasury reportedly claims that the volume of trading is overstated.