{"id":77718,"date":"2024-03-12T21:13:32","date_gmt":"2024-03-13T02:13:32","guid":{"rendered":"https:\/\/equitynewsreport.com\/cme-group-bids-to-enter-us-treasuries-clearing-business\/"},"modified":"2024-03-12T21:13:32","modified_gmt":"2024-03-13T02:13:32","slug":"cme-group-bids-to-enter-us-treasuries-clearing-business","status":"publish","type":"post","link":"https:\/\/equitynewsreport.com\/h\/cme-group-bids-to-enter-us-treasuries-clearing-business\/","title":{"rendered":"CME Group bids to enter US Treasuries clearing business"},"content":{"rendered":"<div readability=\"55\">\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<img decoding=\"async\" alt=\"CME Group bids to enter US Treasuries clearing business\" id=\"carouselImage\" src=\"https:\/\/i-invdn-com.investing.com\/trkd-images\/LYNXNPEK2B0TI_L.jpg\"><br \/>\n<span class=\"text\">\u00a9 Reuters. FILE PHOTO: A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS\/Kevin Lamarque\/File Photo<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>(Reuters) -CME Group plans to apply to clear U.S. Treasuries, a spokesperson said, a $26 trillion dollar market.<\/p>\n<p>The Financial Times reported earlier on Tuesday that CME Group (NASDAQ:) would apply this year to clear U.S. Treasuries, becoming the first exchange company to publicly announce its plans to enter the world&#8217;s biggest bond market. <\/p>\n<p>Its competitor Intercontinental Exchange (NYSE:)&#8217;s president of fixed income and data services, Chris Edmonds, told Reuters his company is also interested in offering Treasury clearing services, saying Intercontinental Exchange &#8220;will find a way to serve the market&#8221;.<\/p>\n<p>CME operates CME Clearing, which offers clearing and settlement services for exchange-traded contracts and over-the-counter derivatives transactions.<\/p>\n<p>The exchange operator also offers global benchmark products across major asset classes, including futures and options.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. FILE PHOTO: A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS\/Kevin Lamarque\/File Photo (Reuters) -CME Group plans to apply to clear U.S. Treasuries, a spokesperson said, a $26 trillion dollar market. The Financial Times reported earlier on Tuesday that CME Group (NASDAQ:) would apply this year to clear U.S. Treasuries, becoming the first exchange company to publicly announce its plans to enter the world&#8217;s biggest bond market. Its competitor Intercontinental Exchange (NYSE:)&#8217;s president of fixed income and data services, Chris Edmonds, told Reuters his [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":77719,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50,48,49,3],"tags":[],"_links":{"self":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts\/77718"}],"collection":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/comments?post=77718"}],"version-history":[{"count":0,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts\/77718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/media\/77719"}],"wp:attachment":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/media?parent=77718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/categories?post=77718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/tags?post=77718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}