Overview

BondVision, part of the MTS Group, is a leading multi-dealer-to-client electronic bond trading market. MTS is the Number 1 inter-dealer trading platform for Europe fixed income with average trading volumes of €25 billion in physical bonds a day. BondVision’s Best Page has unrivalled price discovery with real-time, tradable prices from the leading MTS market makers.

Bond Vision was launched in 2001 in response to continued requests from institutional investors for access to the liquidity of the MTS markets. This is achieved by enabling clients to “auction” their business – outright or switch – with up to 5 dealers online. Coupled with our extensive post-trade functionality, such as allocation to sub-accounts and DDE (Dynamic Data Exchange) link to Excel, BondVision allows for further efficiency and cost savings via the use of FIX protocols. FIX protocols enable the system to interface with client’s order management and portfolio management systems.

BondVision also provides a unique solution in the B2C market - an API system. The BondVision API, which paves the way for full STP, provides a Dynamic Link Library (DLL) output with a COM type interface for ease of usage in different standards such as Visual Basic and Excel. All reports provided by BondVision API are available in XML format.

BondVision is also a regulated market, thus providing a “best execution” environment. The Italian Ministry of Finance regulates the government bond trading area whilst CONSOB regulates the non-government trading section.

BondVision is extremely user friendly, using light Internet based technology and the highest standards of security, fulfilling ISO standards.
This technology allows institutional investors to access the MTS markets FREE of charge. There is no start up cost, membership fees or transaction costs. This is part of the BondVision philosophy of providing superior execution and price discovery rather than over the telephone (or as opposed to over-the-counter trades), without adding to client expenses.