MTS Launches Growth Initiative with BondVision Dealers

Amsterdam, Brussels, Dublin, Lisbon, London, Milan, Oslo and Paris – 26 September 2024 - MTS, one of the leading European electronic fixed income trading platforms and part of the Euronext Group, today announced the launch of a growth initiative in partnership with BondVision dealers.

The initiative is designed to further develop BondVision, a multi dealer-to-client (D2C) trading platform for rates, credit and repo, and promote competition across the market.

The initiative will introduce sustainably competitive, straightforward fees for all BondVision dealers. It incentivises improved service levels to clients from supporting dealers as they leverage the benefits offered and builds on MTS's established market presence, extensive dealer and end-user network, and best in class proprietary technology. 

The top ten BondVision dealers (Barclays, Bank of America, BNP Paribas, Crédit Agricole Corporate and Investment Bank, Citi, Deutsche Bank, J.P. Morgan, Morgan Stanley, Nomura, UniCredit) support the initiative's underlying principles, further establishing BondVision as one of the key facilitators of D2C liquidity in fixed income markets.

As part of the Euronext Group, MTS is committed to investing in both talent and technology to support the initiative. With this drive, MTS continues to champion a market-friendly ethos, benefiting the broader fixed income trading ecosystem.

Stéphane Boujnah, CEO and Chairman of the Managing Board of Euronext, said: “MTS is a critical component of Euronext's growth ambitions for the coming years. The initiative announced today with Euronext's longstanding partners demonstrates our commitment to adapt our solutions to meet the evolving needs and priorities in the fixed income world”.

Angelo Proni, CEO of MTS - Euronext Group, said: “This initiative provides an opportunity to deepen our relationship with BondVision dealers, by enhancing their role in shaping the platform’s key policies. With their support, we aim to extend our D2C rates offering and build a credible presence in credit trading”.

Alexis Serero, Head of Flow European Credit Trading - Citi, said: “The industry needs a credible electronic alternative that improves pricing efficiency in the market, brings new creative ideas to support the needs of both clients and dealers, and helps drive cost efficiency. With BondVision, we’ve found it.”

Pierre Morel, Global Co-Head of Investment Grade Trading – J.P. Morgan, said: “We are excited to support this initiative as it fosters innovation, which has benefits for the entire European bond market. By addressing key concerns like cost pressures and enhancing data use provisions, BondVision improves efficiency and delivers significant advantages to all market participants.”

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