CME offers basis traders a leg up

New Treasury Link service ‘levels playing field’ in strategy dominated by high-speed players For fixed income relative-value traders, ‘legging risk’ has long been seen as the enemy of good execution. Because each leg of, say, a US Treasury versus futures basis trade is processed with a slight delay, there’s a chance they get executed at a level different than what was expected.Eliminating this risk for banks and asset managers is a key goal for CME’s new Treasury Link service, which will Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe You are currently unable to print this content. Please contact info@risk.net to find out more. You are currently unable to copy this content. Please contact info@risk.net to find out more. Copyright Infopro Digital Limited. All rights reserved.You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.If you would like to purchase additional rights please email info@risk.net Most read articles loading... Back to Top