NEW
YORK, March 25, 2024 /PRNewswire/ -- LTX, an
AI-powered fixed income trading platform and subsidiary of global
Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR),
today announced a successful integration with TS Imagine's Fixed
Income Execution Management System, TradeSmart Fixed Income
(TradeSmart). The integration offers mutual buy-side clients
improved pre-trade transparency, price discovery and better access
to aggregated liquidity within their existing workflows.
"Workflow integration has always been a key element to the LTX
strategy as part of our mission to simplify and optimize, embedding
new, innovative capabilities within the screens that our clients
are familiar with," said AJ Cass, Head of Market Structure and
Liquidity, LTX. "We're pleased to integrate with TS Imagine,
bringing pre-trade transparency and trading efficiencies to our
mutual clients' workflows."
LTX's corporate bond trading capabilities are now accessible
directly within TradeSmart Fixed Income. In addition to LTX order
staging, TradeSmart Fixed Income users can submit their indications
of interest (IOIs) into the LTX Liquidity Cloud®. The
Liquidity Cloud is LTX's network of thousands of sell-side axes and
anonymous buy-side indications of interest (IOIs). Proprietary
analysis in the Liquidity Cloud identifies Cloud Matches, real-time
indications of natural contra interest in the Liquidity Cloud, the
strength of which are measured by Cloud Match Scores. As part of
the integration, Cloud Match Scores update dynamically on
TradeSmart screens to reflect real-time, available natural
liquidity.
"Integrating with LTX further enhances the price discovery
capabilities available to our clients by offering differentiated
liquidity and the ability to manage the entire lifecycle of a trade
on a single platform," said Spencer
Lee, Chief Markets Officer of TS Imagine.
About LTX
LTX is an electronic trading platform that enables corporate
bond market participants to trade smarter, combining powerful,
patented artificial intelligence with innovative e-trading
protocols to improve liquidity, efficiency, and execution. The
Liquidity Cloud is the LTX network of anonymous real-time buy- and
sell-side indications of interest which include CUSIP, direction,
price, and size. LTX is a division of Broadridge Business Process
Outsourcing LLC, the broker-dealer subsidiary of Broadridge
Financial Solutions.
For more information about LTX, please visit
www.ltxtrading.com.
About Broadridge
Broadridge Financial Solutions (NYSE: BR), a global Fintech
leader with more than $6 billion in
revenues, provides the critical infrastructure that powers
investing, corporate governance and communications to enable better
financial lives. We deliver technology-driven solutions that drive
business transformation for banks, broker-dealers, asset and wealth
managers and public companies. Broadridge's infrastructure serves
as a global communications hub enabling corporate governance by
linking thousands of public companies and mutual funds to tens of
millions of individual and institutional investors around the
world. Our technology and operations platforms underpin the daily
trading of more than U.S. $10
trillion of equities, fixed income and other securities
globally. A certified Great Place to Work®, Broadridge
is part of the S&P 500® Index, employing over 14,000
associates in 21 countries.
For more information about us and what we can do for you, please
visit www.broadridge.com.
About TS Imagine
TS Imagine delivers a best-in-class SaaS platform for integrated
electronic front-office trading, portfolio management, and
financial risk management tools to the buy-side and sell-side.
Formed following the merger of TradingScreen and Imagine Software
in 2021, TS Imagine innovates by drawing on nearly thirty years'
experience serving the world's most sophisticated financial
services firms through changing markets and a shifting regulatory
landscape.
The TS Imagine team is focused on developing technology that
empowers its clients to succeed every day, in every asset class. TS
Imagine employs the best technology talent, alongside former senior
traders who understand first-hand their client's pressure points
and how to address them. This complementary expertise, unique to
the industry, enables TS Imagine to dive deep in areas such as data
science, automation, and development. As a result, clients can
focus on what they do best: generating and protecting alpha within
fast evolving markets.
By offering a range of purpose-built solutions developed from
the ground-up, TS Imagine technology has become an essential tool
for the modern investor, working seamlessly across asset classes
and geographies. With greater transparency, better efficiency, and
infinite scalability, TS Imagine clients are empowered to
circumvent distractions and avoid unnecessary tasks so they can
maintain their focus on driving returns.
www.tsimagine.com
Broadridge Contacts:
Investors:
Edings Thibault
Head of Investor Relations, Broadridge
broadridgeir@broadridge.com
Media:
Tina Wadhwa
Corporate Communications
Tina.Wadhwa@broadridge.com
TS Imagine Contact:
Renee
Calabro
Chief Marketing Officer
Renee.calabro@tsimagine.com
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SOURCE Broadridge Financial Solutions, Inc.