Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Roland Bellegarde, NYSE Euronext’s Group Executive Vice President

7959

NYSE BondMatch receives AMF approval

RELATED TOPICS​

NYSE BondMatch, BYSE Euronext’s new Multilateral Trading Facility (MTF) designed to meet European user needs for transparency, liquidity and effective pre- and post-trade services on the euro-denominated bond market, has received regulatory authorisation and will begin trading on July 11, 2011.

 
“ We are very happy to announce the launch of NYSE BondMatch, a revolutionary order book-driven bond market that promises to bring real reform and new liquidity to corporate bonds trading in Europe,” says Roland Bellegarde (pictured), NYSE Euronext’s Executive Vice President for European Listing and Cash Trading.
 
NYSE BondMatch will enable professional investors to trade more than 1,800 international corporate, financial and covered bonds on a transparent order book with firm orders. This competitively-priced new European trading platform will not only improve transparency and liquidity by being open to all, whether on the buy side or on the sell side, it will also offer compulsory post-trade services with a central counterparty, LCH.Clearnet SA, connected to major European national Central Security Depositories (CSD) and International Central Security Depositories (ICSD) for settlement and delivery.
 
“The financial crisis highlighted the urgent need for a more liquid, transparent, secure and automated bond market”, says Fabrizio Capanna, Head of Retail Credit Trading Europe (ex-UK) at BNP Paribas CIB. “We are confident that NYSE BondMatch will boost liquidity, reduce risk and encourage greater participation by reducing dealing costs and making the market more transparent.”

NYSE BondMatch has expanded its Strategic Committee with the appointment of François de Causans, Head of Funding at Total, Dominic Holland, Director Credit e-Commerce at Deutsche Bank, Thijs Aaten, Head of Allocation at APG Investments, and Olivier Gazzolo, co-Head of European Credit Trading at Société Générale CIB.
 
Jean-François Boulier, CEO of Aviva Investors Europe and Chairman of NYSE BondMatch’s Strategic Committee, says: “ We are delighted that such prestigious names in global finance have decided to join the Strategic Committee of NYSE BondMatch. The Committee now reflects the diversity of participants even better, both in terms of geography and market representativeness.”
 
“ The success of NYSE BondMatch will depend on the will of all participants to drive the market from the offset, including banks and brokers who will benefit from opportunities to increase trading volumes with lower risk,” says Christophe Roupie, Global Head of Trading and Securities Financing at Axa Investment Managers and Deputy Chairman of NYSE BondMatch’s Strategic Committee.   

Latest News

UK-based wealth management companies London & Capital and Waverton have announced that they have reached..
Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence..
Enthusiasm for climate-conscious investment strategies will grow in 2024 according to Invesco. At an event..

Related Articles

Sustainable Economy Top Panel
Europe is driving the growth in sustainable investment with global assets under management in ESG-labelled funds passing USD2.8 trillion...
Europe is driving the growth in sustainable investment with global assets under management in ESG-labelled funds passing USD2.8 trillion...
Pension funds
UK institutional investors are questioning the value of investing in private markets despite pressure from government to finance the country’s net zero and levelling up ambitions...
UK institutional investors are questioning the value of investing in private markets despite pressure from government to finance the country’s..
Juan Nozal, Mapfre Asset Management
Juan Nozal, Fixed Income Portfolio Manager at MAPFRE Asset Management, talks about the outlook for fixed income assets over 2024, in what he predicts will be an outstanding year for this asset class...
Juan Nozal, Fixed Income Portfolio Manager at MAPFRE Asset Management, talks about the outlook for fixed income assets over 2024,..
n response to the increased attention to climate change risk, institutional investors, asset managers, and asset owners in the US are committed to implementing a variety of measures to address climate change and reach their net-zero goals, according to Cerulli Associates...
n response to the increased attention to climate change risk, institutional investors, asset managers, and asset owners in the US..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by