Article below on Finextra, where MAN are providing a system (by SDS Technologies) to Hedge Fund clients to trade, initially, US Repos. The plan is to add the bonds themselves and launch a European version later this year. No talk of which liquidity providers will support it……fairly fundamental part.

http://www.finextra.com/fullstory.asp?id=16721

Interesting in that I’m sure much of the Hedge Fund interest in MTS has been driven by accessing repos, particularly on MTS Italy. Certainly Repos remain a a predominantly OTC product but just about everyone involved would love to see them go 100% electronic…..surely!

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