Fixnetix, the market data telecommunications company and European provider of low latency market data, today announced it has struck a global distribution deal with EuroMTS, the pan-European electronic trading platform for government and quasi-government Eurobenchmark bonds.
Fixnetix’ EuroMTS feed will enable financial firms to stream real time bond data direct into their automated trading systems.
“EuroMTS is committed to enhancing the liquidity, transparency and efficiency of the European bond markets and we see fixed income quickly following the automated trading path of the equities market,” says Rafah Hanna, Head of Market Data, EuroMTS.
TowerGroup recently cited that traders utilising advanced automated trading strategies in asset classes such as equities and futures and options reported significantly higher returns compared to those traders without.
“This deal with EuroMTS marks the first time that organisations will have direct access to both government bond and futures data for activities such as basis trading, via point to point connectivity rather than an aggregated feed from a traditional data vendor.” says Hugh Hughes, CEO, Fixnetix.