Fixed Income (Bond Market) Interview Questions-120

Question-96: Can you tell me something about the CME Group derivative market place?

Answer:  CME Group is the world's leading and most diverse derivatives marketplace, which enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data and helps empowering market participants worldwide to efficiently manage risk and capture opportunities. Below are the few list of the benchmark products provided by CME group is global benchmark products across all major asset classes based on

  • Interest rates
  • Equity indexes
  • Foreign exchange
  • Energy
  • Agricultural products

Question-97: What is the CME Globex® platform?

Answer: CME Group company offers futures and options on futures trading through the CME Globex® platform. Fixed income trading via BrokerTec and Foreign exchange trading on the EBS platform.

Question-98: Can you describe the use of CME Clearing, TriOptima and Traiana products?

Answer: CME Group operates one of the world's leading central counterparty clearing providers, CME Clearing.  Which provide a range of pre- and post-trade products and services for entire lifecycle of a trade, CME Group also has another offering for optimization and reconciliation services using TriOptima, and trade processing services through Traiana.

Question-99: What is a single Dealer Client System in Fixed Income Market?

Answer: This single Dealer Systems are Owned and operated by major fixed income dealers, using single-dealer systems institutional investors trade a variety of fixed income products electronically directly with the dealer, who gave access to this system. Fixed income dealers operating these single-dealer systems act in a principal capacity.

Question-100: Can you tell something more about the Single Dealer Platform?

Answer:  A single-dealer platform (SDP) is software used by an investment bank dealing in the capital markets to deliver trading and associated services via the web. The function of an SDP is to integrate –

  • Pricing
  • Liquidity
  • Information from multiple sources within a bank
  • Provide access to them via a single user interface.

Hence, it is a both an integration platform and a delivery platform.

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Category: Fixed Income