Broadridge’s fixed income trading platform LTX has partnered with e-trading technology provider TransFICC to improve the venue onboarding process.
Through the partnership, corporate bond dealers will be able to connect to LTX through TransFICC’s One API for eTrading solution. This direct integration will reduce onboarding complexities, simplify workflows and accelerate access, the companies stated.
Once onboarded, users will join LTX’s liquidity provider ecosystem and gain access to its AI trading protocols.
Jim Kwiatkowski, LTX CEO, explained: “Our strategic partnership with TransFICC enables faster time-to-market and simplified access to LTX’s innovative RFQ+ trading protocol, reducing operational burdens. Together, we are lowering the cost associated with trading corporate bonds and helping to deliver best execution to clients.”
©Markets Media Europe 2024
