MTS Markets International Inc. (“MTS US”), a wholly-owned U.S. subsidiary of MTS, has completed its acquisition of Bonds.com Group (“Bonds”) (BDCG.), a U.S. based electronic trading platform for U.S. corporate and emerging market bonds. MTS US has acquired 100 per cent of Bonds’ outstanding shares, as previously announced on 6 March 2014.
The transaction meets the growing customer and regulatory demand for access to transparent, electronic, cost-effective platforms for the trading of fixed income securities. Going forward, MTS intends to utilise its extensive expertise in fixed income to provide Bonds with support and investment to further build its product offering, enabling U.S. fixed income traders to meet their domestic and international needs.
MTS is majority owned by London Stock Exchange Group (LSEG).