Corporate bond trading firm LTX, a subsidiary of Broadridge Financial Solutions, has integrated with MultiLynq to accelerate connectivity to its platform.
MultiLynq provides liquidity and access within electronic fixed income trading. Its API streamlines connectivity and integration processes to all major electronic US trading venues and supports all trading protocols.
Through the API, dealers will be able to more easily integrate LTX into their existing infrastructure while retaining their preferred front-end interfaces and without deploying their own resources.
Offering an alternative to direct connection, the partnership will save users both time and costs, Broadridge stated, and will streamline workflows through communication with downstream systems.
Jim Kwiatkowski, CEO of LTX, said: “Most dealers and asset managers are challenged prioritising their scarce technical resources to complete multiple critical technical projects. Our partnership with MultiLynq will assist many clients in reducing time to market and quickening access to LTX’s AI-powered pre-trade tools including BondGPT as well as our RFQ+ and RFX trading protocols.”
Patrick Scheideler, co-founder of MultiLynq, added: “This collaboration reinforces our continued commitment to offering fixed income market participants a seamless and cost-effective solution for accessing trading venues like LTX. By enhancing connectivity and speeding up access to LTX, we are breaking down technology barriers and creating greater efficiency for fixed income market participants.”
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