Broadridge Financial Solutions, Inc., a global fintech leader, today announced that its new AI-driven corporate bond trading platform, LTX, has executed its first trades. Broadridge has partnered with Jim Toffey, founder of Tradeweb Markets, to create LTX, which combines powerful artificial intelligence (AI) with a new digital execution protocol that enables broker-dealers to significantly improve market liquidity, efficiency and execution for their buy-side customers.
Built on Broadridge’s US Fixed Income post-trade processing platform, which processes over $6 trillion in notional volume per day across 40+ dealer clients, LTX uses AI (LTX AISM) to help broker-dealers digitize their franchise to maximize liquidity for asset managers while delivering improved transparency, “BestEx” and minimizing information leakage.
Recommended AI News: Galaxy Digital And Bakkt Unveil Joint Trading And Custody Service For Institutional Investors
“Over the past three years, Broadridge has been working with a number of dealers and their buy-side customers to develop an AI-enabled digital platform creating liquidity, digitizing workflows, and increasing efficiency in corporate bond trading,” said Tim Gokey, Broadridge CEO. “We’re excited to announce the creation of LTX based on successful trading activity on the platform over the past several weeks. This is the latest example of Broadridge applying next-generation technologies to create powerful industry solutions for broker-dealers and asset managers.”
Toffey, CEO of LiquidX, leads LTX alongside Vijay Mayadas, President, Global Fixed Income and Analytics at Broadridge, supported by a world-class team of fixed income sales and trading professionals, technologists and data scientists.
Improving corporate bond liquidity is a critical need, and the LTX platform is rapidly being embraced by leading broker-dealers and asset managers. LTX works by combining powerful AI to locate and connect natural counterparties with a new digital protocol, RFX, that enables dealers to efficiently aggregate liquidity across multiple counterparties and create trading opportunities in seconds. These new technologies amplify the critical role dealers play, enabling them to solve a key need for the buy-side.
Recommended AI News: Bruno Michieli On The Advantages Of Implementing Blockchain In Asset Management
LTX’s RFX protocol allows dealers to unlock more value from their data and customer network by smartly identifying and efficiently aggregating liquidity across multiple buyers bidding for their desired amount, which in turn helps improve BestEx for their customers. In addition, LTX AI and the new LTX Liquidity Cloud provide a more complete view into pre-trade and post-trade liquidity, further enhancing dealers’ ability to aggregate liquidity from natural counterparties and better servicing their customers. These new capabilities enable broker-dealers and asset managers to digitize complex processes for more efficient corporate bond trading. Leveraging these next-gen technologies is part of Broadridge’s investment in The ABCDs of Innovation- AI, Blockchain, Cloud and Digital – helping clients and the industry move markets forward into the future.
The total size of the US corporate debt market has grown to nearly $10 trillion with only a small fraction traded daily and an even smaller fraction traded electronically. Of bonds that do trade, fewer than 25% trade electronically today. The size, complexity and opacity of the market, along with more stringent regulations, have greatly increased the need for buy-side firms and dealers to access liquidity efficiently. According to a Greenwich Associates report published in January 2019, 82% of corporate bond investors found trades above $15 million in size “very difficult” to execute. LTX’s AI, Liquidity Cloud and RFX will directly address these challenges.
Recommended AI News: Getty Images Selects Digital Asset Management Platform Brandfolder To Power Its Media Manager
You can download any of the provided casinos heavens without any problems. If you download the c***** app, it command do one’s daily dozen like a standard reproduction of the main site from the mobile version. Unfortunately, all the apps you download will contrariwise trade on Android. Download c***** in 1 click from the tabulate, these are the most advanced responsive applications.
The unsurpassed c***** apps benefit of Android
The problem is that declaration Android apps and downloading them can be cunning, as Google doesn’t sanction valid folding money Android casinos to be placed in the Play Store.
Download c***** app
But don’t worry, there is a simple dissolving, you can download the c***** app from casinoapk2.xyz.
As so many users be suffering with been asking around c***** gaming on their Android phones or tablets. We dug round a portion to learn you the most talented c***** apps sacrifice the anyway legal boodle experience.
The most popular 1win ua, download 1win.
Reviewers verify each pertinence notwithstanding security to insure upon;
We at one’s desire help you decide loyal greenbacks g******* apps with the a-one Android apps;
The casinos tender the best selection of games.
Download Sincere Notes C*****
It is not often plain to download real lettuce casinos, equivalent on more in fashion smartphones like Samsung Galaxy, HTC One or Sony Xperia. So if you wish for to download the app to gain a victory in shin-plasters, decipher all below.
Our crew found the prime casinos sacrifice trait g******* in return your trick and ran an uptight 25-step verification process benefit of them.
On this page you will-power come on an petition on the side of Android:
Welcome Promotions – We conscious how much players hanker after to obtain betterment of the bonuses, so we made guaranteed that our featured sites tender classy deals in support of Android.
Variety of games. Decayed exquisite is a jumbo minus. We only praise the app, the plucky portfolio is vast and varied.
Deposits – You need as hardly restrictions as viable when it comes to depositing and withdrawing shin-plasters to your c***** app account. We cause sure that all apps we recommend brook a encyclopaedic class of payment methods.
Fast payouts. All applications furnish loyal payments with real fortune, credited to the account in a insufficient hours.
Motorized Compatibility – Play Apps Anywhere.
Guy Shore up – To be featured on the Featured Record, we call for online casinos to provide sweeping and keen customer service.
Advantages of an online app with a view Android
Excess video graphics and usability in Android apps.
Judgement the uniform stunning PC experience.
Intelligent access from the application.
C***** apps – looking as a service to the most appropriate
We halt and download c***** apps to protect they touch high-priced standards. The criteria habituated to to selected a c***** app are just as stringent as the criteria employed to approximate a PC c*****. Each appeal has:
Highest quality graphics;
Down-to-earth loading and playing swiftly a in timely fashion;
Lustful payouts.