Wednesday, May 16, 2007

European Bond Platform May Vote This Month on Plan for Hedge Fund Access

(Bloomberg) -- The management board of MTS SpA, operator of Europe's dominant government bond trading system, may vote this month on a plan to give hedge funds access for the first time, according to Chairman Gianluca Garbi.

``Following the mandate received by the supervisory board, we are working on a plan,'' Garbi said in a phone interview from Milan. ``I will call a meeting of the management board within the next two weeks proposing that the question of hedge fund access be put on the agenda.''


Read more at Bloomberg Bonds News

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