US proposes new rules for bond market electronic trading risk

摘要

The US SECURITIES AND EXCHANGE COMMISSION has proposed new rules for electronic trading platforms for US Treasuries, corporate debt and municipal securities, aimed at improving transparency and operational preparedness in the world's biggest securities market. The proposal, which would be subject to public consultation, aims to address concerns about the shift to alternative trading systems (ATSs) that trade government securities as well as the repurchase and reverse repurchase agreements on those securities.