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.
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.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More