BondVision says Citigroup will join as a dealer participant – the 29th firm in all to join. The MTS-owned platform says more than 600 portfolio managers now use its dealer-to-client market, where over 900 securities are now exchanged. BondVision volumes have continued to climb, up 70% in the first quarter of 2004.
“With the addition of Citigroup, BondVision strengthens what is the widest group of dealers on any B2C electronic platform,” says Gianluca Garbi, chief executive officer of MTS S.p.A. “BondVision’s strong growth is supported by its unique model, which provides investors with access to the exceptional liquidity of MTS, the leading electronic market for European fixed income.”