Ralf Roth, Managing Director and CTO, Global Fixed Income at Deutsche Bank said: "We are very pleased to be joining BondVision. As a leading and active Primary Dealer on the MTS Markets, Deutsche Bank's entry into the system is a natural progression, and underlines our commitment to the institutional investor community."
With a 53% increase in daily volumes and 40% increase in clients since the last quarter of 2002, BondVision has increased its distribution network to over 120 buy-side clients with 450 workstations across Europe. The addition of Deutsche Bank, coupled with the newly enriched and redesigned trading application introduced on 3 March 2003, which sees enhancements in performance as well as in trading and reporting functionalities, is expected to further accelerate BondVision's progress.
BondVision provides over 700 euro-denominated fixed income securities, the widest pool of instruments available in the investor-based electronic marketplace, ranging from sovereign to corporate bonds. It is the only regulated Exchange in the B2C marketplace and enjoys a unique position provided by the MTS inter-dealer markets that guarantees continuous quotation of prices. Unlike other B2C multi-dealer trading platforms, BondVision targets only the buy-side and remains free of charge for clients.