BrokerTec U.S. Treasuries (On-the-Run)
Get direct access to core U.S. Treasury data.
BrokerTec U.S. Treasuries (On-the-Run) offers real-time data for U.S. government bonds, known as “On-the-Run” Treasuries. This data is critical for market participants needing instant access to the most current, and liquid U.S. Treasury securities, that serve as a benchmark for financial instruments and strategies.
ASSET CLASS
Interest Rates
PRODUCT GROUP
Cash Markets Data
Key features
Comprehensive coverage
Data spans a range of maturities for "On-the-Run" Treasuries, including 2-Year, 3-Year, 5-Year, 7-Year, 10-Year, 20-Year and 30-Year.
Real-time data
The feed provides a continuous, live view of the most active U.S. Treasury bonds throughout the trading day.
Precision and depth
The data includes the top of order book, with best bid and best offer, and five-level aggregated market depth.
Extended insights
Indicative data is also available for once-old and twice-old off-the-run Treasuries, as well as real-time When Issued (WI) pricing and Treasury Bill prices.
Ideal for
Proprietary trading firms (props)
Leverage real-time data to identify arbitrage opportunities across different maturities in the U.S. Treasury yield curve.
Buy side (asset managers/hedge funds/CTAs)
Precise hedging of interest rate exposure in fixed income portfolios and adjusting portfolio duration based on real-time movements in Treasury prices.
Banks
Accurately value collateral in repo transactions and to manage liquidity and capital requirements efficiently.
Intermediary/Broker
Provide clients with up-to-date market insights and enhance the execution quality of client orders with real-time market data.
Data connection options
| Platform | Data Format | Latency |
|---|---|---|
| Market Data Platform (MDP) | SBE | <1 ms |
| WebSocket API | JSON | ~100ms |
| Distributors | Varies | Varies |
| Platform | Data Format | Latency |
|---|---|---|
| DataMine | Varies | Varies |
| Distributors | Varies | Varies |
| Platform | Data Format | Latency |
|---|---|---|
| DataMine | Varies | Varies |
Get connected: Steps for licensing and access
Step 1
Get licensed for use
Licensing and costs vary based on your specific use case. Please contact us, and a data expert will assist you.
Step 2
Complete Information License Agreement (ILA)
If you do not already have one, you will need to complete an Information License Agreement (ILA) or update an existing one to include licenses for this data.
Step 3
Access data
Once licensing is complete, you can begin accessing the data via your chosen connectivity option.
Contact a Data expert
Connect with a member of our team to get more information about our products and services.
