Central Banking

MTS sees JGB volume soaring with electronic deals

The start of an electronic inter-dealer brokerage system for Japanese government bonds (JGBs) will bring a huge increase in trading volumes, MTS Japan Securities CEO William Campbell said in an interview.

The system goes live on Jan. 26, and the company will be competing with traditional JGB brokers who rely mainly on voicebox, phone and fax in transactions. MTS Japan Securities is an offshoot of Italian brokerage MTS SpA, which provided 30 percent of its capital. The other 70 percent was put

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