LTX, a subsidiary of Broadridge Financial Solutions Inc, has completed a successful migration of its AI-powered corporate bond e-trading platform for buy-side investors and dealers to Amazon Web Services.Â
LTX, a subsidiary of Broadridge Financial Solutions Inc, has completed a successful migration of its AI-powered corporate bond e-trading platform for buy-side investors and dealers to Amazon Web Services (AWS).
LTX says the move will allow clients to make more informed corporate bond trading decisions based on transparency and real-time insights.
The migration will allow LTX to provide more advanced analysis of its Liquidity Cloud, the LTX network of anonymous real-time buy- and sell-side indications of interest. LTX will enhance its pricing, dealer selection, client recommendation, and similar bonds functionalities, better helping buy-side investors and dealers to make smarter trading decisions.
To date, more than 30 dealers and more than 75 asset managers have joined the LTX platform, representing a significant liquidity pool. LTX says it has attracted many of the world’s leading asset managers and dealers, with over $7 billon in initiated firm orders and an average daily volume of over $25 billion in the Liquidity Cloud in Q1 2023.
