Wintrust Business Minute: CME Group applies to clear U.S. Treasuries this year
Wintrust Business Lunch
English - March 13, 2024 18:22 - ★★★★★ - 8 ratingsBusiness News Business News wintrust business lunch john williams wgn radio chicago Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago-based CME Group will apply to clear U.S. Treasuries this year. It becomes the first exchange company to publicly announce plans to enter the world’s biggest bond market. New rules by the Securities and Exchange Commission will change the way trades […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based CME Group will apply to clear U.S. Treasuries this year. It becomes the first exchange company to publicly announce plans to enter the world’s biggest bond market. New rules by the Securities and Exchange Commission will change the way trades are finalized, forcing more trades through a clearing house. A clearing house sits between a buyer and seller to prevent default and crises cascading through the system. CME, the world’s biggest futures and options exchange, wants to be one of those clearing houses for the $27 trillion treasury market.
Also, Illinois’ two main fiscal forecasting agencies say the state’s finances will see a strong year but will tighten next year. Listen for more below:
https://serve.castfire.com/audio/4504964/4504964_2024-03-13-185904.64kmono.mp3
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