Smaller Ticks, Lower Costs: BrokerTec Reduces 3-Year MPI

  • 25 Mar 2021
  • By Bobby Timberlake

While long-term rates have begun to rise in early 2021, the short end of the curve remains at historic lows. Following the success of minimum price increment reductions in the BrokerTec 2-Year Treasury Note and CBOT 2-Year Treasury Note futures, a tick cut in the 3-Year Treasury Note will allow more precise hedging and price discovery.

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