June 18 - 20, 2019
Philadelphia 201, Philadelphia
44 (0)207 368 9576
Fenics USTreasuries (“Fenics UST”) is a fully electronic U.S. Government securities trading venue owned and operated by BGC Financial, L.P., a FINRA registered broker- dealer, and counterparty to all transactions. Fenics UST operates two electronic marketplaces: a Central Limit Order Book and a “Block Book”. Subscribers to the platform are banks, broker-dealers, professional trading firms and a wide range of institutional investors.
The CLOB competes with well-entrenched incumbents in a marketplace designed for transparency and the tightest prices in the world
The Block Book competes with the voice and RFQ markets and enables institutional investors to trade large blocks of USTs with liquidity providers streaming live, actionable markets 23 hours a day.
We designed Fenics UST to be the fastest, most stable, and most reliable ultra-low latency matching engines in the cash UST marketplace. All forms of electronic connectivity are supported, including: binary protocol, FIX protocol and high-speed internet access with secured VPN.