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CME Group to Launch BrokerTec U.S. Treasury Central Limit Order Book in Chicago to Streamline Trading Between Cash and Futures Markets

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CHICAGO and LONDON, March 20, 2025 /PRNewswire/ — CME Group, the world’s leading derivatives marketplace, today announced that it will launch a second BrokerTec central limit order book (CLOB) for cash U.S. Treasuries in Q3 2025. In an industry-first, the new CLOB will be co-located in Chicago next to CME Group’s deeply liquid U.S. Treasury futures and options markets to support trading between cash and derivatives markets.

“As clients navigate this period of heightened uncertainty and record debt issuance, U.S. Treasury spread trading continues to drive price discovery and liquidity across cash, futures and repo markets,” said Mike Dennis, Global Head of Fixed Income, CME Group. “By launching a new trading venue, we will bring the full U.S. Treasury ecosystem closer together, delivering simplicity and efficiency for global market participants.”

“Until now, clients have had to manage the intricacies of deploying relative value strategies between New York and Chicago markets, which can lead to legging risk,” said John Edwards, Global Head of BrokerTec. “Our new CLOB will greatly enhance the client experience for cash versus futures strategies. By allowing smaller notional sizes and adjusting minimum price increments, it will also enable smaller firms to participate in spread trading, broadening and deepening the liquidity pool and increasing matching opportunities.”

BrokerTec’s existing New York-based CLOB will remain its primary venue for price discovery in cash U.S. Treasuries, with February 2025 average daily notional volume (ADNV) of $113 billion. The second Chicago CLOB, operated by BrokerTec Americas LLC, will complement this offering by focusing on relative value strategies. Clients will be able to trade all seven of BrokerTec’s on-the-run benchmark U.S. Treasuries in smaller notional sizes to align with the futures market, and at tighter price increments of 1/16th of a 32nd, to allow for more precise hedging.

Available on Globex, the new venue leverages the existing BrokerTec API and can be accessed via clients’ existing CME Group connectivity. It will be available for client testing beginning on April 27, 2025. 

BrokerTec is a leading marketplace for benchmark cash U.S. Treasuries and U.S. and EU repo transactions. On March 3, 2025, it set an all-time single-day volume record of $1.05 trillion in ADNV traded across its dealer-to-dealer CLOB, dealer-to-client request-for-quote, and streaming platforms.

CME Group’s U.S. Treasury futures and options hit an all-time daily volume record on February 25, with 40,664,890 contracts traded. 

For more information, visit https://www.cmegroup.com/chicago-CLOB.

As the world’s leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest ratesequity indexesforeign exchangeenergyagricultural products and metals.  The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform.  In addition, it operates one of the world’s leading central counterparty clearing providers, CME Clearing. 

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc.  CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc.  COMEX is a trademark of Commodity Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a product of S&P Dow Jones Indices LLC (“S&P DJI”). “S&P®”, “S&P 500®”, “SPY®”, “SPX®”, US 500 and The 500 are trademarks of Standard & Poor’s Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners. 

BrokerTec Americas LLC. (“BAL”) is a registered broker-dealer with the U.S. Securities and Exchange Commission, is a member of the Financial Industry Regulatory Authority, Inc. (www.FINRA.org), and is a member of the Securities Investor Protection Corporation (www.SIPC.org). BAL does not provide services to private or retail customers.

CME-G

View original content:https://www.prnewswire.com/news-releases/cme-group-to-launch-brokertec-us-treasury-central-limit-order-book-in-chicago-to-streamline-trading-between-cash-and-futures-markets-302406895.html

SOURCE CME Group

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Federal government invests in greener public transit across Quebec

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MONTRÉAL, March 22, 2025 /CNW/ – The federal government is investing over $400 million in 11 infrastructure projects, including three in Montréal, to make public transit greener across Quebec.

First, more than $200.5 million will be used to electrify the St-Laurent ($106.7 million) and Anjou ($93.7 million) transport centers through the acquisition and installation of electrical equipment that will allow the installation of several dozen charging points. In total, 148 charging points will be installed at the St-Laurent transport center, and 132 will be installed at the Anjou transport centre.

An investment of more than $83.2 million will go towards the partial electrification of the Legendre transport centre, allowing the installation of 72 charging positions for buses. This project includes technical studies, the acquisition and commissioning of equipment and infrastructure, as well as the expansion of premises for electrical equipment, the modernization of infrastructure such as the fire protection system and telecommunications rooms, the reinforcement of the building structure, and the connection to the existing generator.

The federal investments announced today will also be used to fund electrification projects at transit authority garages and operations centres across the province, notably in Longueuil, Lévis, Quebec City, Sherbrooke, and Saguenay.

Quotes

“Transitioning to electric public transit buses represents a significant step in curbing greenhouse gas emissions, improving air quality, and helping integrate environmentally friendly technologies in the transportation sector. We will continue working with partners across the country to reduce carbon emissions and advance a more sustainable transportation system.”

The Honourable Nathaniel Erskine-Smith, Minister of Housing, Infrastructure and Communities

“Our vision of Canada’s future is one of modern, green cities, adapted to the needs of families and citizens. That’s why our government has made historic investments to make public transit more accessible, reliable and efficient across the country. These new investments will modernize the infrastructure and equipment of electric bus fleets across Quebec, while helping to reduce air pollution.”

The Honourable Steven Guilbeault, Minister of Canadian Culture and Identity, Parks Canada, Quebec Lieutenant, and Member of Parliament for Laurier—Sainte-Marie

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Backgrounder: Federal government invests in greener public transit across Quebec

Quick Facts

The federal government is investing $400,153,607 in these projects through the Zero Emission Transit Fund (ZETF).The ZETF helps communities transition to zero emission transit and school buses to reduce greenhouse gas emissions and contribute to Canada’s net-zero emissions targets. By electrifying their bus fleets, communities are working toward a cleaner environment for our kids while creating jobs and supporting Canadian manufacturing.Since 2015, the federal government has committed over $30 billion for public transit and active transportation projects. These historic investments have resulted in close to 2000 projects across the country.In 2021, the government announced significant public transit funding that includes billions in support for zero emission buses, rural transit solutions, active transportation, and support for major projects to accelerate the expansion of large urban transit systems that many Canadians depend on every day.The ZETF complements Canada’s strengthened climate plan: A Healthy Environment and a Healthy Economy. Through the plan, the government has committed to providing federal funding for public transit in support of making clean and affordable transportation options available in every community.The new Canada Public Transit Fund (CPTF) will provide an average of $3 billion a year of permanent funding to respond to local transit needs by enhancing integrated planning, improving access to public transit and active transportation, and supporting the development of more affordable, sustainable, and inclusive communities.The CPTF supports transit and active transportation investments in three streams: Metro Region Agreements, Baseline Funding, and Targeted Funding. Visit the Housing, Infrastructure and Communities Canada website for more information.

Associated Links

Zero Emission Transit Fund
https://housing-infrastructure.canada.ca/zero-emissions-trans-zero-emissions/index-eng.html 

Strengthened Climate Plan
https://www.canada.ca/en/services/environment/weather/climatechange/climate-plan/climate-plan-overview.html 

Housing and Infrastructure Project Map 
https://housing-infrastructure.canada.ca/gmap-gcarte/index-eng.html

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Web: Housing, Infrastructure and Communities Canada

SOURCE Department of Housing, Infrastructure and Communities

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ViewLift Powers New ROOT SPORTS Stream App for Seattle Mariners

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Expands Tech Platform’s Roster to 11 Top US Pro Teams

NEW YORK, March 21, 2025 /PRNewswire/ — ViewLift, a global leader in end-to-end streaming technology, today announced the launch of the new ROOT SPORTS Stream app, delivering Seattle Mariners games and ROOT SPORTS programming directly to fans across the Pacific Northwest—with or without a cable or satellite subscription. ViewLift now powers streaming platforms for 11 top-tier US professional sports teams, underscoring its position as the industry’s most trusted digital distribution partner for sports.

Expands ViewLift Platform’s Roster to 11 Top US Pro Teams.

ROOT SPORTS Stream is a direct-to-consumer (DTC) and TV Everywhere streaming solution available now at RootSportsStream.com and on iOS and Android mobile devices, Apple TV, Android TV and Amazon Fire TV. The App (which is priced at $19.99 per month) will be coming soon to Roku, with further device releases planned.

“Our mission is to help leading sports organizations meet their fans where they are—on the devices and platforms they use every day,” said Rick Allen, CEO of ViewLift. “With the launch of ROOT SPORTS Stream, the Mariners are transforming the fan experience in one of the most innovative tech-forward regions of the country. We’re proud to add them to the growing list of pro teams who trust ViewLift to power their direct-to-consumer streaming.”

As ViewLift continues to revolutionize how sports content is consumed, its roster now includes streaming platforms for the NHL, and professional teams across that League and the NBA and MLB, as well as the Professional Fighters League, LIV Golf, World Racing Group, and other sports leagues and teams around the world. The company’s robust cloud-based platform ensures seamless, buffer-free streaming and supports flexible monetization models, real-time analytics, fan personalization, and rapid deployment. Chris Wagner of OTT Advisors assisted ROOT and the Mariners regarding their digital distribution strategy.

The ROOT SPORTS Stream app offers:

Live and on-demand Mariners baseballFull ROOT SPORTS programming lineupCross-device access with a user-friendly interfaceSeamless authentication for existing ROOT SPORTS subscribers

Fans can subscribe now at Mariners.com/stream.

About ViewLift

ViewLift is a full-service OTT streaming technology company, providing end-to-end solutions for live and on-demand video distribution. With proprietary cloud-based technology, ViewLift powers streaming platforms for sports, media, and entertainment brands worldwide. Its services include content management, multi-platform distribution, real-time analytics, and flexible monetization models (AVOD, SVOD, TVOD, and hybrid models). ViewLift enables content owners to maximize audience engagement and revenue through a seamless, scalable streaming experience. In addition to the PFL, ViewLift’s sports clients include the National Hockey League, 11 US top professional sports teams; LIV Golf; three Regional Sports Networks; and the World Racing Group.

For more information about ViewLift, visit www.viewlift.com.

Media contacts:
ViewLift
Mahesh Kumar
marketing@viewlift.com

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SOURCE ViewLift

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ProDentim Alerts Consumers About Misleading Third-Party Resellers and Reinforces Commitment to Product Integrity

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BOSTON, March 22, 2025 /PRNewswire/ — The official brand behind ProDentim has issued a public advisory regarding unauthorized third-party resellers misrepresenting the product online. Reports of unverified vendors listing non-official versions of ProDentim across various platforms have surfaced, leading to confusion among consumers.

The official ProDentim brand has been receiving complaints from individuals who unknowingly made purchases from unverified sources, later realizing discrepancies in packaging, labeling, and product details. This has raised concerns about authenticity and product integrity, as the original product was developed only under Bioventra’s portfolio of advanced formulations.

In response to these growing concerns, Bioventra has issued an official statement emphasizing that ProDentim should only be purchased through its official website to ensure quality and authenticity.

Unverified Resellers Causing Widespread Confusion

In recent weeks, multiple ProDentim consumer reports have highlighted the increasing prevalence of unauthorized sellers listing ProDentim outside of the brand’s verified distribution channels. This issue is not unique to ProDentim, as the broader supplement industry has faced similar challenges with third-party vendors presenting themselves as legitimate sources.

The official brand has actively monitored unauthorized listings and is committed to raising awareness about the potential risks associated with purchasing from unknown third-party vendors.

While some unauthorized sellers may present ProDentim as genuine, discrepancies in packaging, ingredients, and descriptions have raised red flags. Some consumers have reported receiving products that appear different from what is shown on official materials, while others have struggled with returns and refund processes due to unclear seller policies.

Customer Complaints Highlight Need for Greater Awareness

Consumer reports received by the official ProDentim brand have included concerns such as:

●     Product inconsistencies – Some customers noted that the labeling, logo placement, or product descriptions did not match official representations.

●     Ingredient discrepancies – While the core formulation of ProDentim remains proprietary, there have been concerns about whether third-party products match the expected ingredient profile.

●     Unclear storage conditions – Customers have questioned whether ProDentim’s third-party resellers handle and store the product correctly, as dietary supplements require specific conditions to maintain quality.

●     Limited customer support – Many individuals who purchased ProDentim from non-official sources found that customer service inquiries went unanswered, leaving them unable to address concerns or seek refunds.

A spokesperson for the official ProDentim brand commented:
 “We take product integrity seriously and are committed to ensuring that consumers receive only authentic formulations. Unfortunately, unauthorized sellers sometimes misrepresent products, leading to confusion. We encourage customers to remain vigilant when verifying sources.”

The Rise of Unauthorized ProDentim Supplement Sellers

Unauthorized supplement resellers have become a growing issue across various e-commerce platforms, social media marketplaces, and third-party retail websites. Many third-party sellers attempt to capitalize on ProDentim’s demand, sometimes presenting products at unrealistic discounts or listing them in ways that do not align with official brand communications.

This trend has led to several industry-wide concerns, including:

●     Unverified product origins – Some sellers source products through unauthorized means, making it difficult for consumers to determine where and how the product was handled before purchase.

●     Potential product substitutions – In some cases, third-party vendors list a product under a brand name, ProDentim, for instance, but ship alternative formulations or lookalike substitutes.

●     Misleading discount strategies – Some resellers attempt to lure in customers with extremely low prices, which can indicate unverified stock or repackaged items.

While ProDentim’s official brand is actively monitoring unauthorized sales, the company emphasizes that consumers should take proactive steps to avoid misleading listings.

How Consumers Can Identify Official Product Sources

Consumers can take several steps to avoid misleading third-party listings and ensure they are purchasing authentic products. It is important to examine product details carefully, checking for inconsistencies in labeling, packaging, or branding that may indicate a non-official ProDentim version. Pricing should also be reviewed with caution, as significantly lower prices than usual may suggest an unauthorized seller. Verifying the legitimacy of the seller by researching whether they are recognized as an authorized distributor can help prevent confusion. Lastly, consumers are encouraged to confirm product details through official channels to ensure accuracy and authenticity.

Company Response & Consumer Safety Commitment

The official ProDentim Brand has reaffirmed its commitment to consumer safety, product integrity, and transparency. With the increase in unauthorized sales, the company remains focused on educating customers about product authenticity.

“We are committed to making sure that individuals who seek out ProDentim receive the correct formulation as originally designed. By raising awareness about misleading third-party listings, we hope to prevent unnecessary confusion and ensure a positive customer experience,” the spokesperson added.

Additionally, the company is actively monitoring third-party sales channels and taking steps to minimize unauthorized ProDentim product listings that could misrepresent the brand.

Final Advisory for Consumers

With misleading third-party listings continuing to appear across various online marketplaces, consumers are encouraged to be diligent in verifying sources before making a purchase. The official ProDentim brand has issued this advisory to help prevent further confusion and misinformation.

For updates regarding product authenticity and verification measures, consumers can refer to official sources.

Photo – https://mma.prnewswire.com/media/2647669/ProDentim.jpg

View original content:https://www.prnewswire.co.uk/news-releases/prodentim-alerts-consumers-about-misleading-third-party-resellers-and-reinforces-commitment-to-product-integrity-302408502.html

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