MMI Member Op-Ed in TabbFORUM: The “All Comers” Market in Treasuries

TabbFORUM published an opinion piece by Cameron Smith, president of MMI Member firm Quantlab. Cameron writes that treasuries are quickly transitioning away from a dealer-driven, “cherry picker” market to a more fair “all comers market” where slow moving discriminatory prices are replaced by quick-moving liquidity and smaller trade sizes.