LTX by Broadridge Integrates with MultiLynq to Deliver Accelerated Trading Connectivity
LTX, a subsidiary of Broadridge Financial Solutions Inc., has integrated with MultiLynq to accelerate connectivity to the LTX platform.
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Rhea-AI Summary
LTX, a subsidiary of Broadridge Financial Solutions Inc., has integrated with MultiLynq to accelerate connectivity to the LTX platform. This partnership aims to help dealers and asset managers onboard to the AI-powered corporate bond trading platform more quickly and efficiently.
Positive
The integration with MultiLynq will help clients reduce time to market and access LTX's AI-powered pre-trade tools.
Dealers can easily integrate LTX into their existing infrastructure using MultiLynq's high-performance API, resulting in time- and cost-savings.
The collaboration between LTX and MultiLynq aims to create greater efficiency for fixed income market participants by breaking down technology barriers.
Negative
- None.
Details
News Market Reaction – BR
The recorded move for BR in the trading session of this news was +1.37%.
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"Most dealers and asset managers are challenged prioritizing their scarce technical resources to complete multiple critical technical projects," said Jim Kwiatkowski, CEO of LTX. "Our partnership with MultiLynq will assist many clients in reducing time to market and quickening access to LTX's AI-powered pre-trade tools including BondGPT as well as our innovative RFQ+ and RFX trading protocols."
Through MultiLynq, dealers can more easily integrate LTX into their existing infrastructure, avoiding the need to deploy their own resources by leveraging MultiLynq's high-performance API and team of industry experts. The integration will offer an alternative to direct connection, facilitating a swift and flexible implementation process and resulting in time- and cost-savings. Users can now effortlessly integrate with LTX while retaining their preferred front-end interfaces and communicating with downstream systems, ensuring seamless workflows.
"This collaboration reinforces our continued commitment to offering fixed income market participants a seamless and cost-effective solution for accessing world-class trading venues like LTX," said MultiLynq Co-Founder, Patrick Scheideler. "By enhancing connectivity and speeding up access to LTX, we are breaking down technology barriers and creating greater efficiency for fixed income market participants."
For more information about LTX, please visit www.ltxtrading.com.
About Broadridge
Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with more than
For more information about us and what we can do for you, please visit www.broadridge.com.
About MultiLynq
MultiLynq is transforming and simplifying electronic fixed income trading by providing market participants with access to more liquidity and transparency than ever before. The company offers a broad array of pre- and post-trade solutions, including price dissemination, aggregation of market data, smart order routing, and post-trade reporting and reconciliation. Multilynq's innovative API streamlines the connectivity and integration process to all major electronic
Broadridge Contacts:
Investors:
Edings Thibault
Head of Investor Relations, Broadridge
broadridgeir@broadridge.com
Media:
Gregg Rosenberg
Global Head of Corporate Communications
Gregg.Rosenberg@broadridge.com
MultiLynq Contact:
Media:
Mike Geller
Prosek Partners
mgeller@prosek.com
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SOURCE Broadridge Financial Solutions, Inc.
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