EMBonds Extends Buy-Side Reach with Bloomberg TSOX Integration
London, May 16, 2017 – Emerging Markets Bond Exchange Ltd (“EMBonds”), the London-based electronic trading platform has today announced the completion of its integration with TSOX, Bloomberg’s Execution Management System, allowing trading access to EMBonds’ central limit order book directly from a Bloomberg terminal.
As an electronic trading venue dedicated to the emerging market fixed-income space, EMBonds was launched in 2015 and continues to grow rapidly. Employing an all-to-all model with a central clearing counterparty (“CCP”), the platform has a global client base ranging from hedge funds and real money investors to specialist emerging market banks.
After completing an onboarding process with only EMBonds and the CCP, a TSOX user can now have direct access to liquidity providers worldwide, including local banks based in South Africa, Turkey, Poland, Hungary, Romania, Russia, Israel, United Arab Emirates, Qatar, Chile, Peru, Colombia, and Mexico. With a display of real-time prices next to their staging blotter, as well as click-to-trade and order posting functionality, a TSOX user can conveniently enjoy the available liquidity while also contributing to it. Read More…
EMBonds launches dedicated electronic emerging debt trading platform
London, October 15, 2015 – Electronic trading platform operator EMBonds launched a platform for trading emerging market bonds on Thursday, it said, in a bid to counter the shrinking liquidity which has dogged the sector.
The EMBonds platform, officially launched after five months of preliminary operations, will offer trading of sovereign and corporate bonds – both in local and hard currency – from eastern Europe, Middle East and Africa, founders Mehmet Artun and Kerim Acanal said.
“Trading has already started, there are a number of market makers putting prices on the screen,” Artun, EMBonds CEO, told Reuters. “It’s still early days, our first step is to establish the platform in the CEEMEA region and then expand to other emerging markets.”
The client list for the platform which is regulated by the UK’s Financial Conduct Authority (FCA) includes emerging market banks, international banks and global asset management firms, according to the statement. It will be based in London and Istanbul. Read More…
IFC Investment in EMBonds to Boost Emerging Markets Bonds Trading
Istanbul, Turkey, and London, United Kingdom, June 15, 2015 – IFC, a member of the World Bank Group, is investing in EMBonds, a London-based electronic marketplace for emerging market bonds, to help develop robust capital markets that contribute to financial stability and economic growth.
IFC, a member of the World Bank Group, is investing in EMBonds, a London-based electronic marketplace for emerging market bonds, to help develop robust capital markets that contribute to financial stability and economic growth.
“IFC’s involvement plays a catalytic role for other investors in EMBonds and for the acceptance of the trading system by potential clients, which will allow us to establish a strong base and further expand our business in emerging markets,” said Mehmet Artun, CEO of EMBonds. Read More…
IFC backs EM bond platform
Tim Cave, London, United Kingdom, June 8, 2015 – An emerging markets bond platform based in London’s Level39 accelerator has received backing from the World Bank’s private sector investment arm, the International Finance Corporation.
The Emerging Markets Bond Exchange, known as emBonds, is one of several new initiatives attempting to address liquidity problems for secondary trading in the fixed income market.
The series A funding, worth $6.8 million in total, was part of a co-investment with German firm Earlybird Venture Capital, according to co-founder Mehmet Artun. Read More…