LTX, Broadridge Financial Solutions’ bond, digital trading business, has promoted Jim Kwiatkowski to the role of CEO.
Jim Toffey, co-founder of LTX, will succeed Art Certosimo as chairman of the LTX board of directors. In his role as chairman, Jim Toffey will continue to promote innovation and advise on strategy and evolving market structure. Art Certosimo will remain on the LTX Board.
Kwiatkowski is an industry veteran, having spent more than 20 years in the electronic trading industry. Since joining LTX in 2021 as chief revenue officer, Kwiatkowski spearheaded business, commercial, and operational developments, including strategic integrations with order and execution management systems (OEMS) partners and growth of the buy-side and dealer client base.
“Jim Kwiatkowski is a proven leader with the right expertise to scale the LTX platform and drive it forward,” said Vijay Mayadas, president of capital markets at Broadridge. “Jim Toffey’s entrepreneurial vision has been instrumental in establishing LTX as a differentiated platform that enables dealers and their buy-side customers to connect and trade more efficiently.”
“LTX’s mission and goal is more relevant than ever– to solve the deep and complex liquidity issues in the credit markets through the use of AI and advanced trading protocols,” said Kwiatkowski. “Since launching, LTX has made incredible strides toward advancing the structure of the corporate bond market for the benefit of all market participants. I am thrilled to have the opportunity to lead the team as we build upon that foundation.”
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