iTB Holdings has upgraded the interface for iTBconnect, a platform that connects market participants to the electronic fixed income trading venues of their choice.
The new interface will enable iTBconnect users to display their bids/offers and inventory to electronic fixed income trading venues to improve fill rates, optimise execution prices and maximise distribution, with virtually no fixed costs.
The enhanced interface is designed to meet high volume institutional workflows, offering connectivity to fixed income trading venues and providing users the ability to aggress and contribute to liquidity at these venues. The solution can easily handle a large quantity of securities with virtually zero fixed costs while increasing trading revenue potential.
“Institutional traders need additional ways to trade corporate bonds due to the ongoing transition of the fixed income landscape,” says Michael Chuang, founder and CEO of iTB Holdings. “Low market volatility has saddled fixed income traders with high fixed costs and declining revenues. iTBconnect helps traders manage today’s market environment by providing access to new markets and improving trade execution, all in a highly scalable and cost efficient manner.”
The new iTBconnect trading interface enables clients to post bids/offers to the fixed income marketplace while simultaneously monitoring various market data feeds. For those looking to maximise their trading day, the interface also enables clients to post hundreds or even thousands of bid/offer interests with a single click. For data-driven clients, iTBconnect replicates all these workflows within the client’s spreadsheets, making model-based trading easier.