MTS Fixings
Fixings provide authoritative benchmark levels and snapshot views derived from MTS Cash and BondVision activity. They offer consistent reference points for valuation, liquidity monitoring, and market analysis across European fixed income markets.
Reference Prices
Trusted benchmarks for bond pricing and performance
MTS Reference Prices deliver the official open (11:00 CET) and close (16:00 CET) levels for bonds traded on MTS Cash. Calculated exclusively from firm quotes and executed trades, they provide high‑integrity benchmarks used for pricing, performance measurement, and risk management.
Euronext Fixed Income Combined BBO (MTS-MOT)
Transform fragmented data into clear, data-driven intelligence.
The Combined BBO (Best Bid and Offer) is the newest addition to the Fixings suite. It merges best‑bid‑and‑offer views from MTS Cash and MOT into a single harmonised snapshot, taken at 16:00 CET. MOT is the retail-focused electronic secondary market for bonds managed by Borsa Italiana.
This combined view provides:
- A unified benchmark across both retail and wholesale markets
- A simple cross‑market reference point for pricing and liquidity comparison
- Additional derived delta metrics included
This BBO helps users understand how pricing behaves across interdealer and retail‑driven markets, offering a clearer picture of cross‑venue alignment and divergence.
Cash Snapshots
Instant visibility into executable orders
MTS Cash Snapshots (BBO) offer static intraday views of the MTS Cash order book. They provide a clear picture of executable liquidity at specific points in time and are available either in real time (with an active licence) or on demand via redistributors and directly from MTS via SFTP delivery.
BV Composite Snapshots
Comprehensive price transparency to drive trading efficiency
BondVision Composite Snapshots (BBO) consolidate indicative pricing from BondVision dealer streams. They support intraday pricing checks, liquidity monitoring, and cross‑dealer analysis within the dealer‑to‑client market.
