MTS expands access to Latin American bond markets through BondsPro
MTS Markets International (MMI) is excited to announce that it has expanded its client reach in Latin America through its marketing agreement with Marco Polo Securities (MPS). Building on its Mexico announcement earlier this year, MPS will introduce the MTS BondsPro electronic trading platform to new and existing institutional clients in Argentina and Uruguay.
As part of this expansion, fixed income traders will have electronic order book access to Argentine- and Uruguayan peso-denominated corporate and treasury bonds, and will become part of the international BondsPro trading community of more than 600 broker-dealers and buy-side clients participating in the BondsPro all-to-all order book. Growing benefits of MTS BondsPro participation include liquidity from over 100 dedicated providers, access to over 20,000 corporate bonds with live prices daily, and a robust pre-trade data offering.
This move is part of a growing focus by MMI on the emerging markets trading community. In fact, MTS BondsPro volume from emerging markets more than doubled from 2018 to 2019, consistent with a growing interest in electronic trading of emerging market fixed income securities by global investors. And this volume has nearly doubled again in 2020, up approximately 95% year-to-date.*
David Parker, Head of MTS Markets International:
“Given the heightened market volatility in 2020 driven by the global pandemic and other factors, we’ve seen a growing interest in emerging markets fixed income. The buy-side community is helping to drive regional demand and are asking for the higher liquidity, transparency and more robust compliance platforms that can be found in the all-to-all electronic trading model. We are delighted to extend access to our rapidly growing MTS BondsPro global fixed income community to a wider set of Latin American market participants and look forward to welcoming new joiners to the global BondsPro community.”
Chava Salvador Palma, Head of Sales Latin America, Marco Polo Securities:
“With the rapid shift from the sell-side to the buy-side in Latin America, electronic trading volume has grown along with increasing demand for liquidity and growing compliance needs. In emerging markets like Mexico, Argentina and Uruguay, clients can benefit from the powerful combination of Marco Polo’s local insight and relationships with MTS’ global scale and technology. MTS BondsPro is an expanding liquidity venue for Latin American fixed income institutional investors and we are excited to partner with a global brand and proven technology leader as we return to our mission of bringing efficiencies to Latin America’s capital markets.”
For more information, contact your MTS or Marco Polo representative or visit us at:
https://protect-eu.mimecast.com/s/rSJSCkrjKTooNyGuVqxDa?domain=mtsmarkets.com
Mathew McConnell +1 914-960-9711
CEO mmcconnell@mpsecurities.com
Marco Polo Securities
*Source: MTS.
BondsPro is a US-registered ATS available to clients with trading authorization in the US, UK, Switzerland, Bulgaria, Mexico and Malta. This is not an offer to sell or a solicitation to buy where MTS Markets International, Inc. (MMI) is not registered, authorized or qualified by an exemption.
