Denmark-based Danske Bank has joined MTS, Europe's facilitator for the electronic fixed income market, as a market maker on its BondVision market, taking the total number of liquidity providers on BondVision to 29.
BondVision is a multi-dealer-to-client electronic bond trading market, connecting investors to a network of market makers available on an online trading platform for euro-denominated securities.
The BondVision platform supports trading in multiple currencies, including EUR, GBP, USD and CEE local currencies as well as benefiting from pre- and post-trade services.
MTS CEO Jack Jeffery said they have seen a significant increase in demand in the Nordic region for the ability to trade European government bonds in an electronic market that improves on the efficiencies of voice trading and delivers the level of transparency required in the current regulatory environment.
Danske Bank head of fixed income sales Bo Sondergaard said the platform’s efficient electronic trading technology will give them direct access to a broad network of investors.