Broadridge’s LTX launches new AI-powered RFQ+ protocol to better facilitate larger trades
The new protocol was developed to reduce information leakage alongside combining pre-trade dealer selection analytics with liquidity aggregation capabilities.
The new protocol was developed to reduce information leakage alongside combining pre-trade dealer selection analytics with liquidity aggregation capabilities.
Named BondGPT, the new application will help to simplify workflows and increase efficiency for users’ bond selection and portfolio construction processes.
Migration will help clients make better informed corporate bond trading decisions based on transparency and real-time insights.
After a turbulent 2022, the outlook for next is year is looking to be another challenging period. Our market experts predict recession, further rate hikes, a new market normal, and some bright spots in the form of ESG and ETF product development.
Participants from Overbond, TransFICC, MarketAxess, FlexTrade Systems, JP Morgan, Tradeweb and LTX predict how fixed income will advance over the next year.
These participants expect liquidity to be the buzz word of 2022, whether that be aggregation, new liquidity sources or the changing role of electronic liquidity providers.
Incoming heads bring decades of experience to LTX and will help accelerate the digitisation of corporate bond trading.
Recently patented RFX proprietary technology and protocol powered the trade by AllianceBernstein on LTX platform from Broadridge.
The patent covers LTX’s proprietary RFX technology from Broadridge, aimed at improving liquidity, efficiency and execution offered by broker-dealers to the buy-side.
The LTX AI-powered trading platform from Broadridge processes over $7 trillion in notional volume per day across over 40 dealer clients.