MTS Group facilitates a number of regulated electronic fixed income markets across Europe and the US that are managed centrally to ensure optimum levels of global harmonisation and consistency. Over 500 unique counterparties trade an average volume of €100 billion each day on these platforms.
The individual companies within the MTS Group are regulated by financial services regulators in a number of European jurisdictions, including Financial Conduct Authority (FCA), Italian Ministry of Finance, Banca d'Italia, Consob, Autorité des Marchés Financiers (AMF), and in the United States by FINRA and SEC.
Related Articlessee more...
- MTS BondsPro API: Opening New DoorsMTS Markets International Inc. is the US subsidiary of the MTS Group. In the US corporate bond space they manage an ATS called BondsPro (formerly known as Bonds.com). While a screen-based version of MTS BondsPro has been available for some time, a more recent innovation has been the introduction of an API. Aly Kassam, CEO of Quantitative Support Services, and Andy Webb, founder of Automated Trader magazine, took it for a spin.
- Where credit's dueBack in the 'good old days', life seemed so simple: dealers warehoused vast amounts of corporate bonds, and investors picked up the telephone when they wanted to buy or sell. But capital requirements and regulation have led to a dramatic fall in banks' balance sheets and the buy-side is being asked to play a bigger role to boost liquidity. As electronification takes hold, can the elusive all-to-all model take off or is something else needed? Adam Cox reports.
- Evolutions and revolutions: how MTS keeps up with fast-changing technologyHow does an electronic market make sound decisions when technology is changing at such a rapid pace? What are the trade-offs between price and performance? Andy Webb spends some time with MTS CTO Fabrizio Cazzulini and Fabrizio Testa, head of product development, to get the answers.
- MTS: Continuity Begets Functionality
One of the questions Automated Trader readers most frequently ask is when they will be able to trade cash bonds on an automated basis. Interestingly, the majority of these enquiries come not from those interested in high frequency trading, but from those looking to automate existing spread or basis strategies at lower frequencies. The first step in this process is obviously an electronic bond trading platform, so we packed off Automated Trader’s founder, Andy Webb, to talk to Jack Jeffery, Chief Executive, and Fabrizio Testa, Head of Product Development at MTS to find out about their electronic evolution and to get their general views on possible future developments in automated bond trading.
- Picking up the PaceThe idiosyncrasies of the fixed income market have made it a laggard in the adoption of automated and algorithmic trading, but the soul searching that followed the sub-prime crisis may accelerate uptake, reports Chris Hall.
Related Industry Newssee more...
- Thomson Reuters upgrades compliance for MiFID 211th January 2018 -
- FlexTrade appoints new Multi-Asset Sales Director19th December 2017 - FlexTrade names former MTS buy-side manager Manuela Bauer as new Multi-Asset Sales Director
- LSEG's UnaVista and MTS collaborate on SFTR reporting solution13th November 2017 - Securities Financing Transactions Regulation (SFTR) expected to go live in 2019. Firms trading on MTS's new Global Collateral Management segment can utilise UnaVista's Trade Repository
- MTS launches direct electronic dealer-to-client trading in Repo Contracts18th September 2017 - MTS enables the trading of bilateral and centrally cleared Repo contracts between sell-side and buy-side participants for the first time, in collaboration with the launch of LCH's Sponsored Clearing model from RepoClear
- MTS launches Global Collateral Management segment for D2C Repo trading1st June 2017 - New service streamlines dealer and client trade flows via RFQ trading protocol . LCH signs as first buy-side trading client.