Euronext MTS to Facilitate European Central Bank's Euro-Denominated Bonds Electronic Trading Platforms
The contract covers euro-denominated European government bonds and bills, corporate bonds, senior unsecured bank bonds, covered bonds, and supranational, agency and sovereign bonds.
Euronext’s dealer to client trading platform MTS BondVision has secured the contract to supply the European Central Bank (ECB) with electronic trading platforms for euro-denominated bonds.
MTS BondVision covers rates, credit and repo. The contract agreed with the ECB covers euro-denominated European government bonds and bills, corporate bonds, senior unsecured bank bonds, covered bonds, and supranational, agency and sovereign bonds.
“This further confirms MTS’s position as a leading market operator across D2D, and D2C cash and repo markets,” said Angelo Proni, chief executive of MTS.
“We provide clients with a robust and efficient infrastructure across all our services, including MTS BondVision, a cutting-edge dealer-to-client trading platform covering rates, credit and repo, that connects investors to an extensive network of dealers across Europe and beyond.”
Contracts for the facilitation of electronic trading platforms for the European Central Bank are being announced throughout the course of this week.
On Wednesday, Bloomberg announced it had won the bid to supply the central bank with platforms for Euro, US Dollar (USD) and Japanese Yen (JPY) denominated government bonds and USD and JPY interest rate swaps, as well as USD and JPY denominated Futures contracts.
In addition, Tradeweb confirmed it had secured contracts to supply platforms for the trading of EUR-denominated bonds, US Treasuries, Japanese government bonds, USD- and EUR-denominated supranationals, sovereign and agency bonds and USD- and JPY-denominated interest rate swaps.
Originally published in The TRADE
Published on 04/10/2024