Eurex Bonds, the international electronic bond trading platform, has been admitted by the Finnish State Treasury to act as a secondary market venue for trading of Finnish government bonds.
In Finland, 14 primary dealers are eligible to conduct wholesale government bond market operations.
Laurent Ortiz, managing director of Eurex Bonds, says: “We are delighted to be one of the eligible electronic trading platforms for Finnish government bonds. The admission is a confirmation of our goal to provide a liquid market for European bonds on an electronic trading platform, thereby increasing transparency for all market participants.”
Finland is the second European country to grant Eurex Bonds the status of “eligible platform” for primary dealers.
Since 2008, Eurex Bonds has also been eligible for the wholesale government bond market in the Netherlands and the admission was re-confirmed in March 2009 by the Dutch Treasury Ministry. In 2009, around EUR4bn of Dutch government bonds (single counted) were traded via the Eurex Bond platform.
In the first three quarters of 2009, Eurex Bonds recorded a total traded volume (single counted) of EUR66bn.
