MTS Markets, part of London Stock Exchange Group (LSEG) has announced the launch of new automation tools for its enhanced MTS BondVision dealer-to-client electronic bond trading platform. The traders will get benefited from automated multi-asset RFQ trading and real-time data from 18 interdealers markets with a fully customisable dashboard for an improved workflow experience.
The new automated platform makes MTS BondVision’s inter-dealer data more accessible and adds new rules based automation tools to the platform. It includes RFQ auto execution, bringing significant efficiencies to low-touch rates. It allows traders to upload trade directly from their order management system and the system will handle the RFQ and execution.
Now the platform will add more than 20 auto execution parameters and can be configured in a real-time basis from the BondVision platform, enabling traders with a maximum level of control while allowing them to reap the efficiency benefits of automation. This allows buy-side firms to build advanced trading models for automated order execution system across all its asset classes including government bonds, corporates, financials, covered bonds and SSAs.
MTS BondVision offers direct access bond market’s liquidity, allowing users to trade in government and corporate bonds using multiple currencies including EUR, GBP, USD, CEE local currencies and Nordics (DKK, NOK, SEK).
Fabrizio Testa, CEO at MTS, commented:
“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.”
Josephine de Chazournes, Senior Analyst at Celent, said:
“The European government bond market’s velocity and ever shrinking margins require dealers to be able to auto-quote and enable automated trading strategies with RFQs between themselves and also with the buy side. As the buy-side is also under more costs constrains they need to be able to leverage technology to increase their speed and accuracy to request and respond to quotes with automated trading tools such as the one MTS Bondvision has just released.”
Karthik Subramanian
Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.
