Bond trading co MTS may give hedge funds access to trading platforms - report |
|
|
|
Published
:
Wed, 18 Apr 2007 06:39
|
LONDON (Thomson Financial) - European bond-trading platform company MTS SpA will today discuss demands from hedge funds to be given direct access to its interdealer government-bond platforms for the first time, the Wall Street Journal reported.If MTS, which is majority-owned by NYSE Euronext and Borsa Italiana SpA, gives the green light, it will allow the funds to start trading in the 4 trln eur government bond markets using their computer-generated execution systems, which would expand their money-making opportunities and potentially increase the market's volumes.But any plan to open the interdealer market to outside investors will need to resolve a likely clash with the market-maker systems that most governments use to support liquidity in their debt, the newspaper noted.tf.TFN-Europe_newsdesk@thomson.comjmsCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
|
|
|
|
Print this Story
Commerzbank plans to expand its funds of hedge funds operations - report 