Breaking Down TRACE Volumes Further Accessible Data
Figure 1: Daily Volume of On-the-run (by Tenor) and Off-the-run (by Remaining Maturity) Coupon Securities
Note: On-the-run volumes are per security whereas off-the-run volumes are aggregated across all securities within a given maturity range. All numbers reported are daily averages for the sample of August 1, 2017 to July 31, 2018.
Source: Authors' calculations based on Trade Reporting and Compliance Engine (TRACE) data from the Financial Industry Regulatory Authority (FINRA).