"With the launch of Portfolio Trading on BondVision, we are providing clients with a practical tool to execute baskets of bonds, improving efficiency and supporting more effective risk management across rates and credit,” said chief executive of MTS, Angelo Proni. “This development also reflects the continued progress and momentum we are seeing in credit, as well as our consistent delivery of key functionalities. Built in close collaboration with dealers and buyside participants, the solution is already supporting activity across multiple asset classes and is designed to deliver material cost savings for both dealers and investors."

Portfolio trading allows investors to execute a list of bonds simultaneously on a contingent basis, improving execution efficiency and enabling more effective portfolio-level risk management.

The functionality has already been used to execute rates portfolio trades across European government bonds, UK gilts, UK linkers and supranational, sovereign and agency bonds, including trades between BlackRock and Nomura.

"Portfolio Trading on MTS BondVision is helping us execute rates portfolios more efficiently within a single workflow,” said Head of EMEA flow rates trading at Nomura, Hemish Shah. “The functionality has been delivered in line with evolving market needs, and we are seeing tangible benefits in terms of execution quality and cost efficiency."

In credit, CA Gest, part of Crédito Agrícola, and Citi completed the first portfolio trade on the platform.

Head of European credit flow trading at Citi, Alexis Serero, said: "We are pleased to participate in the successful execution of the first Credit Portfolio Trade on MTS BondVision. This further demonstrates BondVision's capacity to deliver innovative and cost-efficient electronic trading solutions that benefit both clients and dealers."

The launch reflects growing demand among buyside firms for more efficient ways to rebalance portfolios and manage risk across multiple instruments, particularly in less liquid fixed income markets.

BondVision’s portfolio trading model includes zero mark-ups for buyside participants as well as access to analytics to support counterparty selection and pricing at both bond and portfolio level.

Duarte Ferreira, fixed income portfolio manager at CA Gest, Crédito Agricola, said: "Portfolio Trading on MTS BondVision represents a meaningful step forward for our trading workflows.

He added: “The ability to execute baskets of credit instruments simultaneously significantly improves efficiency and allows us to manage risk more effectively at a portfolio level. The platform delivers greater transparency compared to traditional solutions."

The launch comes as Euronext continues to expand its market infrastructure footprint across asset classes. Earlier this month, the group launched Nord Pool power futures following the migration of open interest from Nasdaq Clearing to Euronext Clearing, while also highlighting the need to scale European capital markets to support greater investment and improve market efficiency.