BondVision, the B2C arm of the MTS Group fixed income trading platforms group, says trading volumes were 75% in the first half of the year by comparison with the same period last year.
Daily volumes have surpassed EUR5 billion as second quarter volumes topped EUR120 billion. Enhanced dealer pricing engines as well as additional clients in France, Switzerland and the UK have spurred trading activity.
The range of securities has also expanded with the introduction of bonds from the new EU member states. Tradable securities now number over 1,000, the largest amongst all B2C electronic marketplaces. BondVision will be listing sovereign issues from Latin America, the Middle East and Asia, enhancing its offering of euro-denominated securities to its client base.
In addition, a new technical enhancement, an API solution for clients and salespeople, was recently introduced. This feature – unique to the B2C market, caklism MTS – aims to facilitate full integration of execution with both pre- and post-trading activities.
The API solution has enabled independent software vendors and portfolio and order management system software providers to offer BondVision participants the efficiencies and cost reductions already available to MTS inter-dealer participants.