
Treasury Traders Shy Away From Order Books – Greenwich Associates
February 2, 2018 \
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Full Article: Greenwich Associates
A question we posed in a recent research study to the buy side was, first, do you trade on-the-run U.S. Treasurys via an order book? 95% said no. We then asked if they thought gaining access to an order book market for U.S. Treasurys would improve their over execution quality – only 16% thought it would.
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