Banca Nazionale del Lavoro Joins BondVision Dealer Panel

BondVision is pleased to announce the addition of Banca Nazionale del Lavoro to its dealer panel, further strengthening its position in the Italian fixed-income market. BondVision now offers clients access to five premier Italian market makers, including, Banca IMI, Caboto, Capitalia, and UBM, ensuring clients access to the greatest possible pool of liquidity and price discovery for Italian bonds.

With the addition of Banca Nazionale del Lavoro, which will support the BondVision dealer-to-client market exclusively, liquidity across the entire Italian government bond yield curve will be enhanced.

"Upon careful evaluation of B2C initiatives, we found BondVision to be a very good solution for our business," said Guido Grossi, Head of Financial Markets, Banca Nazionale del Lavoro. "We are eager to provide additional liquidity to investors in Italian bonds, particularly for the less liquid maturity sectors, and we expect to accomplish this through the BondVision market."

BondVision trading volumes continue to climb thanks to the commitment of dealers across Europe, who provide fast execution with auto-negotiation tools, and to BondVision's unique model, which allows clients to trade free of charge. In addition, the roll-out of the latest version of the BondVision Client platform helped buoy first quarter volumes by 70% versus the first quarter of 2003 as clients embraced the performance and user-friendly nature of the new technology.