Tigress Financial Partners is set to offer a co-branded version of the Intercontinental Exchange (ICE) TMC bond platform, an anonymous, all-to-all alternative trading system (ATS) operated by ICE Bonds, to its clients.
ICE TMC offers execution of: mortgage-backed securities; certificates of deposit; and corporate, government, municipal, and agency bonds.
Tigress is the industry’s only certified disabled and women-owned financial services firm with a network of dealers and investment managers.
Cynthia DiBartolo, founder and chief executive of Tigress, said: “Since our founding, we have remained committed to providing both industry-leading access to the markets our customers need the most, while also helping our customers align their investments to match their broader sustainability objectives.
“ICE’s network allows us to quickly scale up to provide access to a leading source of liquidity across a broad and deep market set.”
Through this connection, Tigress customers will now have direct access to ICE Bonds’ network of liquidity providers.
ICE TMC’s platform has a network of more than 475 liquidity providers and takers, as well as more than 250,000 registered users.
“We’re honoured to work with a trail-blazing firm like Tigress Financial as they offer new price discovery and trading solutions to their growing base of customers. Our ICE TMC platform leverages our deep experience building and managing markets, and provides a unique liquidity network for Tigress Financial’s customers to access a broad range of fixed income securities,” said Peter Borstelmann, president of ICE Bonds.