Discover MTS BondVision - MTS Markets

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Discover MTS BondVision
Why choose
MTS BondVision?
Established in 2001, MTS BondVision is a regulated and secure dealer-to-
client trading platform for government bonds and credit that connects
investors to an extensive network of dealers across Europe and the US.

Trusted by thousands of traders, MTS BondVision offers                 Benefits Include:
direct access to the heart of the bond market’s liquidity.
The platform is tailored directly to the needs of fixed
income investors and supports trading in multiple                      – Extensive network of regional and global
currencies, including EUR, GBP, USD, CEE local currencies                liquidity providers
and Nordics (DKK, NOK, SEK).
                                                                       – Execute on the best price available via RFQ-based
MTS BondVision operates as an MTF under the supervision                  trading model
of the FCA in the UK and as a regulated market in Italy
under the supervision of the Italian Ministry of Finance,              – Search for and execute axed bonds
Bank of Italy and Consob. In the US it is operated by MTS              – Access a unique pre-trade view of the interdealer
Markets International Inc. ,which is a member firm of the                market with MTS Data
Financial Industry Regulatory Authority, Inc. (FINRA) and
the Securities Investor Protection Corp (SIPC).                        – Leverages the heritage and expertise of London Stock
                                                                         Exchange Group
By connecting users directly to one of the largest
networks of liquidity providers available on one                       – Fully regulated and secure trading venue, compliant
online trading platform, MTS BondVision ensures                          with MiFID II and other applicable regulation
access to the best prices available for a wide range
of government bonds and credit products.                               – Proven FIX-based technology, interoperable with all
                                                                         major OMS providers

                                                                   BANK

 MTS Cash              MTS Repo                MTS GCM                 MTS BondVision          MTS BondsPro          MTS Data
 Interdealer           Interdealer             Dealer-to-Client Repo   Dealer-to-Client        All-to-all            Real-Time Data
 European Govt Bonds   European Govt Bonds     European Govt Bonds     European Fixed Income   Global Fixed Income   Historical Data
 CLOB                  CLOB/RFQ                RFQ                     RFQ                     CLOB                  European Govt Bonds

                                                                                     BUY-SIDE

01                     Discover MTS BondVision / Multi-dealer-to-client trading
Why choose
MTS BondVision?

Fully regulated market                                                Pre-and post-trade functionality                   Best execution
– Execution on MTS BondVision is available via three                  BondVision delivers comprehensive pre-trade
  regulated trading platforms:                                        price transparency and full integration with              Trading:                                      Axes:                               Data:
     • BondVision – regulated market operated under the               all major OMS providers.
       supervision of the Italian Ministry of Finance, Bank                                                              – Outrights/switches/butterflies/lists       – Live axe dealer information        – Real-time interdealer order book
                                                                      Benefit from:
       of Italy and Consob
                                                                      – Indicative prices on BondVision Best Page        – Partial quote                              – FIX and non-FIX dealer feeds       – Five layers of depth on the order book
     • BondVision UK – MTF operated under the supervision                                                                                                               supported
       of the FCA                                                     – Data from MTS interdealer markets, firm prices   – Auto execution                                                                  – Aggregated trading data by bond
                                                                        with market depth and volumes                                                                 – Price, size displayed, timestamp     with price information
     • BondVision US – operated by MTS Markets                                                                           – Block trade registration
       International Inc. ,which is a member firm of 		               – DDE link to see real-time data in Excel                                                       – Independent from streamed price    – Trade-by-trade information for all
       FINRA and SIPC                                                                                                                                                   stack                                European government bond
                                                                      – Customisable screens
– Post-trade processing, reporting, portfolio and risk                                                                                                                                                       markets in real-time
  management tools enable compliance with global                      All trade information is exportable to Excel,
  regulatory authorities (ECB, FCA, CONSOB, etc.) and                 OMS and other systems, and every price update
  reporting (MiFID)                                                   is stored, allowing you to prove best execution
– Post-trade analytical services enable you to measure                for MiFID Article 21 and mark-to-market.
  the benefits generated from electronic trading for
  compliance purposes

                                                                                                                         Execute on the best price
                                                                                                                         available via our RFQ-based
                                                                                                                         trading model.
02                     Discover MTS BondVision / Multi-dealer-to-client trading                                          03                   Discover MTS BondVision / Multi-dealer-to-client trading
Why choose
MTS BondVision?
MTS BondVision Instruments                                                                                               Connectivity
                                                           Government                                                    Streamlined and light, MTS BondVision is delivered via web or VPN, while API and FIX
                                                                                                                         protocols support integration with PMS/OMS, reducing trade failure and allowing traders
     All Euro-denominated issues                 Hungary (HUF)                               Sweden (SEK)
                                                                                                                         to focus on execution.
     Central, Eastern Europe (EUR, USD)          Norway (NOK)                                UK Gilts (GBP)
     Czech Republic (CZK)                        Poland (PLN)                                US Treasuries (USD)
                                                                                                                         Technology partners include:
     Denmark (DKK)

                                                                                                                          Partner Name                                    ISV for BV (sell-side)   ISV for BV (buy-side)   OMS/PMS for BV
                         Corporate Bonds                                              Covered and SSAs Bonds              AR Enterprise

 Financials                        Non-Financials                Covered Bonds                       SSAs                 BlackRock Solutions

 Bank                               Automotive                    Cedulas                             EFSF                Bloomberg AIM

 Financial services                 Basic materials               Obligations Foncières               EIB                 Charles River Development

 Insurance                          Consumer good services        Pfandbriefe                         KFW                 Elidata Srl
                                    Industrial                    Other (e.g. Danish, Dutch,          EU                  Fidessa
                                    Telecom                       Finnish, Irish, Italian, UK,        Quasi-government    GateLab
                                    Transport                     US covered bonds)                                       iCubic AG
                                    Utilities                                                                             ION Trading
                                                                                                                          List
                                                                                                                          NMK Consulting
                                                                                                                          PreFIS (Wall Street Systems)

Dealer Network                                                                                                            SEI Consulting srl
                                                                                                                          SIA S.p.A.
                                                                                                                          SimCorp Ltd
                                                                                                                          Sungard Financial System

                                                                                                                                                                                                         MTS BondVision is
                                                                                                                                                                                                         streamlined, light
                                                                                                                                                                                                         and easily integrated.
04                           Discover MTS BondVision / Multi-dealer-to-client trading                                    05                           Discover MTS BondVision / Multi-dealer-to-client trading
MTS BondVision
Facts and Stats
MTS BondVision Stats                                                                                  MTS BondVision
                                                                                                      the premier trading
                                                                                                      platform of choice.
     31 Global Liquidity                          Buy-side                        EGB Covered,
          Providers                             Clients 320+                      SSA, IG Credit

       EUR, GBP, USD, DKK,                     Connectivity                      Bonds issued in
       NOK, SEK, HUF, LTL,
          CZK, PLN, ILS                         OMS/EMS                           30+ Countries

MTS BondVision Volume Growth
 Billions
                     BondVision Volume Growth
 €1,200

 €1,000

     €800

     €600

     €400

     €200

            2007   2008       2009      2010       2011   2012      2013         2014   2015   2016

06                    Discover MTS BondVision / Multi-dealer-to-client trading
Global
Contacts
MTS BondVision                                                   London                               About MTS Group
Email bondvision@mtsmarkets.com                                  10 Paternoster Square                MTS Group facilitates a number of regulated electronic fixed income trading platforms
Telephone +44 (0)20 7797 4090                                    London, EC4M 7LS, UK                 across Europe and the US that are managed centrally to ensure optimum levels of global
www.mtsmarkets.com                                               Telephone +44 20 7797 4100           harmonisation and consistency. Over 500 unique counterparties trade an average volume
                                                                                                      of €100 billion each day on these platforms.

                                                                                                      MTS Cash is a comprehensive and professional cash securities trading environment for the
                                                                 Milan                                interdealer marketplace. MTS cash includes several domestic markets regulated in
                                                                                                      different jurisdictions enabling primary dealers to access unparalleled liquidity,
                                                                 Piazza Degli Affari                  transparency and coverage.
                                                                 620123 Milan, Italy
                                                                 Telephone +39 02 7242 61             MTS Italy Repo Segment is a regulated market operated by MTS S.p.A. under the
                                                                                                      supervision of the Italian Ministry of Treasury, Bank of Italy and Consob. The GCM
                                                                                                      Segment also allows trading in repo instruments and it is offered from both BondVision EU
                                                                                                      MTF and BondVision UK, respectively under the supervision of Consob and the FCA.
                                                                 Rome
                                                                                                      MTS BondVision is a trusted and efficient multi-dealer-to-client electronic bond trading
                                                                                                      platform, delivering exceptional access for institutional investors direct to dealers.
                                                                 Via Tomacelli 146                    BondVision provides institutional investors with real-time pricing and the ability to trade
                                                                 00186 Rome, Italy                    with the major dealers. It is available in Europe as a multi-lateral trading facility operated
                                                                 Telephone +39 06 4212 01             by MTS S.p.A under supervision of Consob. In the UK it is operated by EuroMTS under
                                                                                                      supervision of the Financial Conduct Authority. In the US it is operated by MTS Markets
                                                                                                      International Inc., which is a member firm of the Financial Industry Regulatory Authority,
                                                                 Paris                                Inc. (FINRA) and the Securities Investor Protection Corp (SIPC)

                                                                                                      MTS BondsPro is the a trading platform that supports Corporate Bond trading. MTS
                                                                 18, rue du Quatre Septembre          BondsPro is an Alternative Trading System registered with the Securities and Exchange
                                                                 75002 Paris                          Commission (SEC) and operated by MTS Markets International Inc., which is a member
                                                                 Telephone +33 1 70 37 67 05          firm of the Financial Industry Regulatory Authority, Inc.

                                                                                                      MTS Data is sourced directly and exclusively from the MTS markets and includes
                                                                 New York                             benchmark real-time data, reference data, reference prices and historical data, providing
                                                                                                      the benchmark data source on the fixed income market.

                                                                 14 Wall Street, Suite 4G, New York   FTSE MTS Indices are operated by FTSE TMX Global Debt Capital Markets. They provide
                                                                 NY 10005                             independent, transparent, real-time and tradable Eurozone fixed income indices, based on
                                                                 Telephone +1 212 257 4062            tradable prices from MTS. FTSE MTS indices are tracked by (and can be traded via) around
                                                                                                      40 ETFs in addition to numerous structured products.

                                                                                                      For more information, visit www.mtsmarkets.com.

08                Discover MTS BondVision / Multi-dealer-to-client trading                            09                   Discover MTS BondVision / Multi-dealer-to-client trading
Disclaimer: Capitalised terms in the communication shall have the meaning ascribed to them in the MTS Glossary document here: http://mtsmarkets.com/Legal. Additional regulatory information can be found here: http://www.mtsmarkets.com/
Documents/Regulatory-structure. This communication is addressed to investment professionals only. Information in this publication may or may not have been provided by MTS S.p.A. and/or its group undertakings, and/or the individual authors
(each a “party” and together the “parties”), but is made available without responsibility on the part of the parties. No action should be taken or omitted to be taken in reliance upon information in this publication and the information is not offered as
and does not constitute professional, financial or investment advice on any particular matter and must not be used as a basis for making investment decisions. None of the parties accept any liability for the results of any action taken or omitted
on the basis of the information in this publication. It is in no way intended, directly or indirectly, to invite or induce you to engage in any investment activity or as an attempt to market or sell any type of financial instrument. Advice from a suitably
qualified professional should always be sought in relation to any particular matter or circumstance. None of the parties make any representations or warranties of any kind in relation to this publication and no responsibility is accepted by or on
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