In a bid to increase transparency, the U.S. Financial Industry Regulatory Authority (FINRA) Inc. has begun publishing a new set of trading data on Treasury securities.
For the first time, FINRA has posted weekly aggregate data on the trading volume of Treasury securities that was reported to its Trade Reporting and Compliance Engine.
The new report provides trading volume in U.S. Treasury securities reported for the prior week. The data is grouped into two categories: alternative trading system/interdealer transactions and dealer-to-customer transactions.
“Publishing this important data will increase transparency for the benefit of investors and other market participants,” said Thomas Gira, FINRA’s executive vice president, market regulation and transparency services.
“We look forward to continue working with the Treasury Department, the SEC and the Federal Reserve Board to advance market transparency and sound oversight and policymaking,” he added.
Firms began reporting Treasury transactions to FINRA in 2017 to enhance regulatory surveillance of this critcial market.