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BROKERTEC

Our fixed income marketplace brings access and ideas together

For more than 25 years, clients from around the world have come to BrokerTec platforms to trade fixed income. Built by traders, for traders. Always with the next generation in mind.

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Deep liquidity

Tap into our liquidity pool for U.S. Treasury, EU, and U.S. Repo trading, where approximately $700 billion notional of fixed income products are traded daily.

A focus on technology

Every advance leads to a more seamless experience. Low latency and high throughput yield the highest standards of speed, resilience, and system up-time.

Flexible trading modalities

Via API or manual entry, connect to a trading platform that works for you – including anonymous matching and RFQ trading.

News & Events
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asset-class/interest-rates/brokertec
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Access the world’s cash markets in fixed income

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COMING Q4 2026*
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Treasury Link: Say goodbye to legging risk
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Description

Trade Treasury futures vs. BrokerTec via a single spread on Globex, eliminating legging risk, reducing friction and maximizing efficiency.

*Pending regulatory review

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Find out more
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U.S. Treasuries

BrokerTec is where traders come to discover prices for benchmark cash U.S. Treasuries, with more than 120 dealer customers trading daily via CME Globex, one of the world’s premier electronic matching engines.

Related: U.S. Treasuries futures and options [link-bold]

Repo

BrokerTec has partnered with the repo community for more than 20 years to drive innovation and build the gold standard for repo execution.

Related: RepoFunds Rate futures [link-bold]

RepoFunds Rate (RFR) Euro Benchmarks

European Government Bonds

BrokerTec offers an orderly, electronic dealer-to-dealer platform with a diverse network of dealers from a broad European regional bank footprint.

Related: €STR futures [link-bold]

BrokerTec EGB coverage spans the following markets:
Austria
Belgium
Finland
France
Germany
Greece
Ireland
Italy
Netherlands
Portugal
Slovakia
Slovenia
Spain

Contact an expert or request a demo

For more information or assistance, request a call back from the BrokerTec support team near you or contact the team via email. You can also request a free demo of BrokerTec’s trading solutions.

Trade on BrokerTec’s platforms

Anonymous matching

BrokerTec Central Limit Order Book

Vital to the fixed income markets for over 20 years, BrokerTec CLOB is a dealer-to-dealer electronic trading platform.

Use For:

U.S. Treasuries

U.S. Repo

EU Repo

European Government Bonds

REQUEST FOR QUOTE TRADING

BrokerTec Quote

A dealer-to-client trading solution for the European and U.S. repo markets, BrokerTec Quote offers enhanced RFQ capability, providing a more intuitive, efficient means of trading.

Use For:

U.S. Treasury Repo

Euro Sovereign Debt

UK Gilt Repo

Asian Sovereign Debt

See the latest BrokerTec Recap

Go right to the current edition for all the latest news and insights on global fixed income markets.

Read the latest BrokerTec Recap [button, primary]

You will need to create a CMEGroup.com account first.

Analytical and market data tools

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market tools
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Explore BrokerTec's rich array of data
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Whether you want industry standard Top of Book and Depth of Book pricing for U.S. Treasuries, or VWAP for the European repo market, BrokerTec has your data needs covered.
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See our full suite
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U.S. Treasury benchmarks

View volume-weighted average prices and volume-weighted average yields for on-the-run U.S. Treasuries, published four times each day.

Learn more [link-bold]

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U.S. Treasury historical data

Get insights into U.S. Treasury data, available for top of book, depth of book, and full order book.

Learn more [link-bold]

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Insights & Analysis

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News-And-Events/News

asset-class/interest-rates

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/content/cmegroup/en/news
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/conf/cmegroupaem/settings/wcm/templates/cme-group-press-release-template
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/trading/interest-rates/us-treasury.html
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Related products
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Treasury futures and options
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Explore the complementary liquidity of U.S. Treasury futures and options trading on CME Globex alongside BrokerTec markets, expanding your access to risk management opportunities and delivering capital and operational efficiencies.
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Learn more
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Platforms

Whether you’re looking for anonymous matching, RFQ trading, or relationship-based streaming, BrokerTec offers a solution designed for you.

BrokerTec CLOB

BrokerTec Quote

Data and analytics

Harness the insights of BrokerTec’s leading fixed income market data, available through multiple connection types and a variety of trading terminals.

Explore offerings

Connectivity

Take advantage of your choice of connections to access our BrokerTec markets, by API, GUI, or a custom solution.

Explore methods

Regulatory documents

Download region-specific regulatory docs to navigate the trading lifecycle, from pre- to post-trade, and content to support BrokerTec trading activity.

Access documents

Connect with new perspectives on the bond markets
Follow us on LinkedIn

Contact an expert or request a demo

For more information or assistance, connect with the BrokerTec support team near you by filling out the form. You can also request a free demo of BrokerTec’s trading solutions.

BrokerTec international support contacts [link-bold]