|KCG's Samantha Coyne.|
Last month, we announced we will be giving our X_TRADER and TT platform users connectivity to KCG Fixed Income, which provides direct access to on-the-run U.S. Treasury liquidity. This will be the first time we will offer a link to liquidity from a non-exchange provider.
As stated in our joint announcement: “With this new connection to KCG, TT will provide professional traders with a consolidated point of access to multiple sources of global fixed income liquidity. With the upcoming server-side Aggregator, customers will be able to consolidate the display and introduce smart order-routing logic when trading complex strategies across multiple U.S. Treasury markets.”
I recently talked with Samantha Coyne, head of fixed income client services for KCG, to discuss the KCG offering and how Trading Technologies’ customers can leverage this new offering. Read on for her insight.
TT: We are very excited to establish connectivity to KCG’s Fixed Income liquidity. Can you tell us a bit more about the origination of this offering?
KCG: Well first, I want to say what a pleasure it is to be part of the TT family. What we deliver to your network is a bi-lateral market maker that provides strong two-way liquidity in on-the-run U.S. Treasuries. This solution officially started within GETCO in October 2012 and has seen significant growth over the past two years. This unique market making offering is now managed under the KCG umbrella as a result of the strategic merger of Knight Capital and GETCO in the summer of 2013.