13 December 2017
visit www.avoka.com

EuroMTS to develop euro government bond indices

06 November 2002  |  2705 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  |  4126 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit www.aciworldwide.comvisit www.solutions.lexisnexis.com

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
12164 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
9353 views comments | 16 tweets | 22 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
7971 views comments | 17 tweets | 36 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7348 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7204 views comments | 20 tweets | 11 linkedin

Featured job

Competitive package
New York City, NY - USA

Find your next job