by SUSAN ESTES | Nov 21, 2018 | Insights, Liquidity, Off-the-runs, US Treasuries
Congratulations to LiquidityEdge for stepping up to help address the liquidity issues in OFTR Treasuries. For the market to be able to absorb the ever-increasing supply of Treasury issuance, over 98% of which quickly end up in the OFTR bucket, there will need to be...
by SUSAN ESTES | Nov 3, 2018 | Insights, Liquidity, Off-the-runs, US Treasuries
The tripling in size of the US Treasuries market over the past decade hides the uncomfortable fact that daily trading volumes of all US Treasuries have remained virtually static at about $500 billion. So why has daily turnover slumped from around 10% of the total...
by SUSAN ESTES | Sep 13, 2017 | Insights
Security Traders Association Market Structure Conference It’s so nice to be here today. And so good to see you all, a room full of women in finance. I mean it’s not my regular experience and I am guessing it isn’t a regular experience for you either. I am very...
by SUSAN ESTES | Jun 16, 2017 | Insights
Edited version of keynote delivered by Susan Estes at the Big Data Finance Conference held at NYU 5/19/2017 I must say it is a daunting experience not only to be addressing this audience, but to be following such a distinguished list of panelists and speakers...
by SUSAN ESTES | Oct 19, 2016 | Insights
Originally published on Susan Estes Linkedin on 10/19/2016. The volatility that the bond markets experienced on October 14, 2014 was unlike any other, not due to the extent of the price swings but because of the impact on the market. After all, as a reader pointed...
