Tradeweb: US Treasuries clearing should be mandatory
Senior executive says move would help foster all-to-all trading in cash Treasuries
The US Treasury market should be subject to mandatory clearing, according to a senior executive at platform operator Tradeweb – a move it is argued would end the current bifurcation between dealer-to-dealer and dealer-to-client liquidity pools and help foster all-to-all trading.
"If we are to get to a better state where we have more all-to-all trading, clearing has to play an integral part. That becomes the really big issue to solve as more and more of the buy-side community winds up using a
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