Mostly… fixed income and cross product eTrading

January 16, 2007

MTS stats for 2006

Filed under: etrading — holky @ 1:19 pm

Volumes on MTS markets up 13.5% through 2006 – attributed to transparent pricing structure in which trading fees fell to the lowest fees of any European fixed-income market (customers paying ave 11% less in 2006 than in 2005 for every million euros traded).

BondVision also claims another record year – with total volume rising 24% year-over-year to €571 billion. Covered bonds and agencies experienced the greatest growth in volume, 30% and 60% respectively, compared to 2005. The addition of more central banks and global asset managers in 2006 brought the number of participating clients to over 300 while the dealer pool remained the largest in Europe.

Following the implementation of FIX connectivity and an exclusive API solution in 2006, BondVision launched new partnerships to increase efficiency and reduce costs in the execution management process. BondVision has targeted similar partnerships with global providers of multi-asset class, e-trading solutions as well as with Portfolio and Order Management System providers in 2007.

MTS repo nominal volume up by 19% to almost €16 trillion through 2006.  

Full article here

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2 Comments »

  1. Interesting. Looks like the lower fees may have brought back some of the business lost to the phone brokers in 2004-2005. Also interesting is that the general “view” in the market is that bond trading volumes are comfortably down given low volatility.

    Based on those figures, it appears that BondVision remains below the €2.5 billion-a-day average, well below TradeWeb on like for like product. Although word on the street is that TW haven’t exactly grown volumes in the EGB space in 2006. So maybe a small catch-up for the Italian Stallions at MTS……

    Comment by waratah — January 22, 2007 @ 1:48 pm

  2. […] Release is here and the post on last years stats here […]

    Pingback by MTS stats « Mostly… — April 22, 2007 @ 10:00 am


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