20 July 2018
Visit www.gemalto.com

EuroMTS to develop euro government bond indices

06 November 2002  |  2752 views  |  0 EuroMTS to develop euro government bond indices

EuroMTS has announced plans to create euro government bond indices calculated using prices from the MTS group of companies.

MTS Data in its raw form is currently distributed via market data vendors and offers transparency for market participants wishing to observe the wholesale bond market in real time.

EuroMTS has resolved to adopt, re-brand and expand CNO Etrix Indices, which are euro-dominated government bond indices currently controlled by the Comité de Normalisation Obligataire (CNO) and tracked within France, so that it becomes a European franchise.

The transition of the index from the CNO to MTS will not interrupt the production of the indices, says the company.

Gianluca Garbi, CEO of EuroMTS, says the development of euro government bond indices is in response to requests from European institutions on both the buy- and the sell-side.

"The combination of an existing franchise, an established index algorithm, the uniqueness of MTS Data and the level of interest expressed by the market makes us extremely enthusiastic for the potential of this project," adds Garbi.

EuroMTS has also announced plans to work with a partner to assist in the development of the series and negotiations are currently being held with candidates.

In October, FSTE Group acquired the Reuters Bondtop indices, to form the basis for a new global bond index series to include country and regional government bond indices, as well as corporate bond indices.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

FTSE acquires Reuters Bondtop fixed income indices

FTSE acquires Reuters Bondtop fixed income indices

17 October 2002  |  4206 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdVisit https://secure.vasco.comVisit info.nice.com

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
12692 views comments | 6 tweets | 7 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
10128 views comments | 9 tweets | 17 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
9660 views 19 comments | 15 tweets | 30 linkedin
IBM to test dollar-pegged 'stablecoin'IBM to test dollar-pegged 'stablecoin'
6601 views comments | 4 tweets | 14 linkedin
Bringing about new systems and faster payments globallyBringing about new systems and faster paym...
6416 views comments | 2 tweets | 7 linkedin

Featured job

Competitive base, double ote, benefits
New York City, NY - USA

Find your next job