MTS integrates BondVision with Bloomberg AIM

Source: MTS

MTS announces that its BondVision premier Multidealer-to-Client market for fixed income trading is now available via the BLOOMBERG PROFESSIONAL® service. Bloomberg, the world leader in financial data, news and analytics has rolled out a BondVision FIX interface on the Bloomberg AIM Portfolio Order Management System.

This new integration enables clients of Bloomberg AIM to seamlessly send fixed income block trades for execution to the BondVision market and to transmit the allocations originated in the order management system.

The trades are executed by means of outright, switch and butterfly request for quotes sent to up to five BondVision Dealers. Following execution, BondVision enriches the trades with standard settlement instructions and records of best execution streamlining the trade processing.

Chris Hodder, head of Trading Systems at Bloomberg, said: "As a broker-neutral platform, Bloomberg AIM delivers liquidity options that allow Bloomberg users to achieve maximum trading efficiency. The integration of BondVision on Bloomberg AIM will bring substantial benefits to our institutional European clients by increasing the liquidity they can access over Bloomberg in a secure electronic fashion."

Fabrizio Testa, Head of Product Development in MTS, said: "The need for swift execution and flawless trade processing has never been greater as investors are facing unprecedented volatile market conditions and are managing diverse portfolios to improve margins and hedge their exposure. Our link with Bloomberg POMS represents one of the initiatives that extend the connectivity between our premier execution system to pre and post trading portfolio management systems."

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