MTS Adds New Automation Tools To BondVision
MTS Markets, part of London Stock Exchange Group (LSEG), has launched new automation tools for its enhanced MTS BondVision dealer-to-client electronic bond trading platform.
The platform has undergone a complete GUI redesign introducing many new features in addition to a modern, intuitive interface. The redesign makes MTS BondVision’s valuable inter-dealer data more accessible and adds powerful new rules-based automation tools to the platform. These include request for quote (RFQ) auto-execution, bringing significant efficiencies to low-touch trades.
MTS Auto Execution allows traders to upload trades directly from their order management system (OMS) and MTS BondVision will automatically handle the RFQ and execution. More than 20 auto execution parameters can be configured in real-time directly from the BondVision platform, giving traders a maximum level of control while allowing them to reap the efficiency benefits of automation. This offers buy-side firms a user-friendly method with which to build advanced trading models for automated order execution across all asset classes including government bonds, corporates, financials, covered bonds and SSAs.
BondVision’s intuitive new design puts MTS’s interdealer data at the centre of the user experience. It provides real-time trade data from 18 interdealer markets in one, fully customisable, dashboard for an improved workflow experience.
MTS BondVision offers direct access to the heart of the bond market’s liquidity, enabling participants to trade government and corporate bonds across multiple currencies, including EUR, GBP, USD, CEE local currencies and Nordics (DKK, NOK, SEK).
Fabrizio Testa, CEO at MTS:
“Automation is key to trading strategies in today’s fixed-income market, so it is critical that participants have the best tools available to ensure efficient execution. The redesigned MTS BondVision places its users front and centre, delivering an intuitive platform that’s not only easy to use, but supports participants to make the best trading decisions through innovative automation features including auto execution and real-time data.”
Source: London Stock Exchange Group
More clients have been using automated trading in the last two years.
Enhancements to the scheme are expected to include hedging solutions.
In the EU only France, Belgium and Poland have issued green bonds.
Block trade allocation is one factor for China’s inclusion in global bond indexes.
Regional regulators appear to be gauging the impact of MiFID II.