Jul. 9 at 5:42 PM
📢 @CMEGroup is launching Treasury Link, connecting the world's largest U.S. Treasury futures and cash liquidity pools for the first time.
The new service enables centralized spread trading between CBOT Treasury futures and BrokerTec cash Treasuries on CME Globex, built on proven FX Link technology. Expected launch: Q4 2026, pending regulatory review. 🚀
"The introduction of Treasury Link removes a significant variable, legging risk, from the equation, and represents a major leap forward in market structure efficiency." — Reed Staub, Head of NA Futures Execution, Morgan Stanley
📊 H1 2026 Fixed Income highlights:
• Interest Rate F&O ADV: 16.6M contracts, +9% YoY
• U.S. Treasury F&O ADV: 9.7M contracts, +8% YoY (
$923B notional)
• Record U.S. Treasury futures volume: 37.6M contracts (May 26)
• BrokerTec overall ADV:
$1.067T, +13% YoY
Full article: https://liquidityfinder.com/news/cme-group-to-launch-treasury-link-connecting-treasury-futures-and-cash-markets
$CME