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BondVision sees 2005 Record Volumes;
Dealer Profile Expands with West LB
Milan 25 January 2006. BondVision is
pleased to announce record 2005 volumes amid the addition
of new
participants and
the continued expansion of its product complement.
Volumes in 2005 rose 40% versus 2004 to nearly € 500
billion as turnover in the fourth quarter increased 20%
from the third quarter. Fueling the gain, 2005 covered
bond volumes climbed nearly 500% from 2004. In addition,
volumes in 2006 continue to rise with daily average volumes
up 50% from January 2005.
BondVision’s growth trend is expected to continue
in 2006 amid a further influx of end users and liquidity
providers. WestLB, one of the key counterparties for covered
bonds in Europe, will be active in covered bonds through
BondVision as of the beginning of February. WestLB’s
BondVision product offerings will include also European
government bonds and agencies.
Stefan Hachmeister, Managing Director at, WestLB said: “We
are pleased to join BondVision and expand our existing
client network by taking full advantage of the penetration
achieved by the MTS platform in Europe. WestLB has long
been a participant in both the primary and secondary markets
for Government Bonds and Agencies. As a pioneer in Covered
Bonds, we look forward to enhancing our role through our
participation in BondVision.”
BondVision currently offers clients the opportunity to
trade in more than 1,000 securities through its association
with Europe’s principal fixed-income dealers.
Notes to Editors:
BondVision
Powered by MTS, Europe’s leading fixed-income
wholesale market, BondVision is the only regulated Internet-based
multi Dealer-to-Client Market with an ISD European passport.
Institutional clients connect via the Internet and request
quotes from competing Dealers prior to trading at the
best incoming price. BondVision Dealers are also members
of the network associated with MTS Markets’ wholesale
trading platform. Listed securities include euro-denominated
Sovereigns, Agencies, Asset-backed securities and corporate
bonds. Local currency sovereign issues from Central European
countries are also listed. Cash and Switch trading are
supported. Clients trade on BondVision free of charge.
For further information, please go to www.bondvision.net
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