FINRA now publishes weekly aggregated Treasury securities trading volume data reported to TRACE®, FINRA’s transaction reporting and compliance engine®.
The new Global Treasury Statistics report provides US Treasury securities trading volume reported to TRACE for the previous week. The information is aggregated by sub-type of Treasury securities: bills, floating rate notes (FRN), nominal coupons and Treasury inflation-protected securities (TIPS). The data is further grouped into two categories: transactions between alternative trading systems and brokers and transactions between brokers and clients.
For nominal coupons and TIPS, the report also shows remaining maturity and ongoing/out-of-the-money tranches.
Securities firms began reporting Treasury transactions to FINRA in July 2017, with the aim of providing regulators and policymakers with additional information to better understand and improve oversight of this flagship market.
“The release of this important data will increase transparency for the benefit of investors and other market participants,” said Thomas Gira, executive vice president, Market Regulation and Transparency Services. “We look forward to continuing to work with the Treasury Department, the SEC, and the Federal Reserve Board to advance market transparency and sound oversight and policymaking.”