TMPG Releases Updated Best Practice Guidance to Address Automated Trading
The TMPG has updated the existing Best Practices for Treasury, Agency Debt, and Agency Mortgage Backed Securities Market by incorporating recommendations related to automated trading in TMPG covered markets. The TMPG believes that these updates will provide guidance for market participants to promote integrity and efficiency of TMPG covered markets in light of the growth in automated trading. The TMPG has also released a final version of the white paper on Automated Trading in Treasury Market that describes the growth of automated trading in the secondary market for Treasury securities, and some of the benefits and risks associated with this evolution.
TMPG Releases Updated Best Practice Guidance to Address Automated Trading June 10, 2015
Best Practices for Treasury, Agency Debt and Agency MBS Markets June 10, 2015
White Paper on Automated Trading in Treasury Market June 10, 2015