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CME Group to launch second BrokerTec central limit order book in 3Q25

CME Group to launch second BrokerTec central limit order book in 3Q25

CME Group (CME) announced that it will launch a second BrokerTec central limit order book 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.

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