MTS BondsPro links up to Bloomberg’s TSOX

TSOX users to gain access to MTS BondsPro price discover and ‘click-to-trade’ function, as platforms strive to improve bond market network.

London Stock Exchange’s MTS BondsPro announced at this year’s Fixed Income Leaders Summit event in Boston that it is to offer trading via Bloomberg’s TSOX. 

Bloomberg TSOX users will have access to MTS BondsPro for price discovery via its real-time ticker for bond prices and will be able to trade by “exercising a simple click-to-trade function.

MTS BondsPro is the first electric fixed income trading platform to offer access to Bloomberg’s TSOX, allowing interaction with liquidity, pre- and post-trade analytics and post-trade workflows. 

Chief executive officer at MTS Markets Mark Monahan said the partnership “continues our US expansion” and “addresses the growing demand for ease of integration”.

Jim Switzer, head of credit trading at Alliance Bernstein and speaker at this year’s Fixed Income Leaders Summit said gaining access to the liquidity provided by MTS through TSOX “provides great benefit to our trading desk.”

Switzer added: “The efficiency of this integrated access makes it easy for us to participate in this additional liquidity.”

One of the theme’s at this year’s event has been connectivity to provide a better network for bond traders in a fragmented environment.

MTS BondsPro is expanding its credit offering in the US clients, and currently has over 600 buy- and sell-side institutions in the UK, US and Switzerland.