Real-time Feeds & APIs
Raw data feed
Unlocking market insights with precision data
MTS offers raw data feeds from both the MTS Cash order book and BondVision, delivering comprehensive pre- and post-trade data.
MTS Cash order book: Provides executable prices on European Government Bonds (EGBs), empowering traders to make confident decisions. Consistent access to the most comprehensive EGB data source offers invaluable insights into market turnover and volatility.
BondVision: Our dealer-to-client platform provides indicative quotes, ensuring you have the data needed to gauge market sentiment accurately.
Delivery methods:
You can receive MTS’s raw data feeds directly from MTS or through our licensed data vendors.
Benefits include:
- Trading advantage: Gain a competitive edge with consistent access to the most comprehensive source of European bond data.
- Unparalleled price discovery: Achieve superior price discovery with accurate and timely data.
- Enhanced capabilities: Improve compliance, portfolio, and risk management with detailed and reliable information.
- Market insight: Obtain invaluable and unique insights into market turnover and volatility.
- Decision confidence: Make informed decisions based on executable prices, ensuring reliability and accuracy.
MTS Live
Delivering real-time market data with ultra-low latency
MTS Live is an ultra-low latency data distribution facility, offering a comprehensive and un-aggregated order book with every visible price and order for the most liquid bonds traded on the MTS Cash markets, the leading interdealer market for European Government Bonds. MTS Live users can access over 30 million quotes and orders generated by the MTS trading community each day on bonds, bills, and linkers from a total of 18 domestic markets.
MTS Live supports highly granular un-aggregated data by providing users with every price and all order information submitted to the MTS matching engine, including Fill-and-Store (FAS), Fill-and-Kill, and All-or-Nothing (AON) orders.
Available exclusively to MTS market participants.
Benefits include:
- Increased matching opportunities: Continuous insight into price movements.
- Maximum data granularity: Tick-by-tick un-aggregated depth.
- Optimised trading algorithms: Fed with the richest bond market data.
- Enhanced risk management: The data you need to hedge more effectively.
- Reduced latency: Data is delivered via the FIX-FAST protocol.
Delivery methods:
- Connectivity via direct connection or via certified ISVs
- FastFix protocol
MTS Alpha
Harnessing speed and precision for market advantage
Subscribers to MTS Alpha can take advantage of this ultra-low latency premium data product, which provides price updates approximately every 600 microseconds. MTS Alpha includes all price updates received on bonds within the futures deliverable baskets in France, Germany, Italy, and Spain. This allows traders to rapidly identify and react to liquidity and price movements in the futures market.
Benefits include:
- Ultra-low latency updates: Receive price updates every 600 microseconds.
- Comprehensive coverage: Includes all price updates for bonds within futures deliverable baskets.
- Rapid response: Quickly identify and react to liquidity and price movements in the futures market.
- Coverage: Prices sourced directly from MTS order books in France, Germany, Italy, Spain, and E-Bond Market (EBM).
- Enhanced trading strategies: Utilise high-frequency data to optimise trading algorithms and strategies.
Baskets: Coverage includes the constituents of € bond future deliverable baskets.
BV Composite
Accurate market level indication for enhanced decision-making
Derived from our dealer-to-client BondVision platform, BV Composite is designed to provide an accurate indication of the market level for European Government Bonds (EGBs), UK Gilts, SSAs, and covered bonds.
BV Composite offers a robust composite price that can inform market trend analysis and feed into pricing engines, TCA reporting, risk management, and portfolio management systems. It comprises streaming composite Bid/Ask/Mid prices and yields on securities available on BondVision.
Benefits include:
- Market insight: Provides an accurate indication of market levels for various securities.
- Informed analysis: Supports market trend analysis and enhances decision-making.
- Integration: Feeds into pricing engines, TCA reporting, risk management, and portfolio management systems.
- Comprehensive data: Includes streaming composite Bid/Ask/Mid prices and yields.
- Enhanced transparency: Offers clear visibility into the market through the BondVision GUI.
The screenshot below illustrates how BV Composite is shown in the BondVision GUI:
