Euronext’s MTS partners with BondVision on growth initiative launch
New initiative was established to further develop BondVision and has received support from dealers including JP Morgan, Morgan Stanley and Citi.
New initiative was established to further develop BondVision and has received support from dealers including JP Morgan, Morgan Stanley and Citi.
The deal enhances Euronext’s investor services segment, strengthening the business’ proximity to the buy-side community.
New offering comprises 26 indices which measure the total return of Euro-denominated government bonds from ten Eurozone countries.
The trading venue saw Q2 2024 revenue and income achieve €412.9 million, up 12.2% when compared to the same period last year.
Named Euronext Wireless Network, the offering is expected to enhance the speed of order transmission between London and Bergamo, where Euronext’s core data centre is located.
Trading revenues grew 7.4% year-on-year to €138.4 million, driven by strong results within its fixed income and power trading segments.
The past week saw appointments across equity sales, business development, fixed income and product.
Incoming appointment spent 12 years at Credit Suisse, with prior experience at Cheuvreux, IG Markets and WH Selfinvest.
The move follows Euronext’s acquisition of the Borsa Italiana cash and derivatives markets exchange in April 2021.
The past week saw appointments across sales trading, equities, foreign exchange and derivatives, as well as a senior departure.