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.”