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FIG 4: On average, MDP’s attract the most flows of all tools
Percentage of U.S. Treasury business transacted by venue(s) and method(s)
63%
Min
48%
Max
42%
Average
26%
17%
5%
50%
Single-dealer
platforms (SDP’s)
15%
100%
25%
MDP’s
80%
10%
Interdealer market
10%
Messaging (FIX)
13%
Unsure
25%
75%
Voice
7%
No
80%
Yes
FIG 5: Is wider adoption of the CLOB by the
buy-side imminent?
Buy-side interest in viewing the CLOB
Issue 60 // TheTradeNews.com // 33