Coredeal Platform Reborn in MTS Tie-Up
TRANSACTION SYSTEMS
LONDON--Bond trading platforms EuroMTS and Coredeal are to sign a deal that will see the Coredeal platform scrapped and re-launched on new software as a new exchange, to be run along the same lines as one of EuroMTS’ various regional markets.
Coredeal will migrate its products onto MTS’ Telematico system, which powers the MTS range of markets, around the start of next year. It will continue to offer anonymous trading and settlement through central counterparty Tradego, a subsidiary of Euroclear.
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