Interdealer market
Trade in government benchmark bonds between market makers is primarily conducted in the electronic MTS Finland marketplace but trading takes place also in Brokertec and eSpeed market places.
Primary dealers can choose one or more platforms to fulfill their market making obligation. The State Treasury monitors trading activity in all designated market platforms. In the last few years, the trading volume has been EUR 3-5 billion per month.
Multi-platform trading aims to promote trading activity and to decrease bid-ask spreads of the benchmark bonds.
More information on MTS Finland
Customer trades
Primary dealers submit monthly reports to the State Treasury on their trading with end investors. In recent years, the trading volume has averaged between EUR 7 to 9 billion per month. The largest system concentrating on investor trading is Bloomberg.