Credit Suisse announced traders can now deal cash U.S. Treasuries on the Onyx trading platform, a move it said gives clients access to liquidity that was once only available to the largest dealers.
The firm said that traders can now select the price where they want to execute outright U.S. Treasury trades and use Onyx to get orders filled through direct access to Clearwater, Credit Suisse’s aggregated liquidity pool.
“We are putting our most advanced technology directly into clients’ hands, giving them an alternative to traditional request-for-quote systems by offering the ability to set their own price and access premium transparency and liquidity,” Tim Blake, Credit Suisse’ head of U.S. interest rate products said in a statement.
As the Senior Editor of Advanced Trading, Justin Grant plays a key role in steering the magazine's coverage of the latest issues affecting the buy-side trading community. Since joining Advanced Trading in 2010, Grant's news analysis has touched on everything from the latest ... View Full Bio