“The dealer data that Broadridge is allowed to access is very interesting… this is the best system we have seen so far.”
– Head of Trading, Buyside
THE NEXT EVOLUTION IN THE FIXED-INCOME E-TRADING MARKET
THE NEXT EVOLUTION IN THE FIXED-INCOME E-TRADING MARKET
The first real-time, stack-level transparent protocol that addresses the needs of both the Sellside and the Buyside.
Empower The Dealer
Make a lasting positive impact in the electronic trading landscape.
- Position the dealer in the center of every trade
Current trading venues compete with dealer franchises. Partner with LTX to maintain a central role in the trading process. - Generate additional business
Never miss a trading opportunity and discover new trade ideas from The Stack and Liquidity Monitor. - Connect your clients efficiently
Leverage your established client network using our applied data-science and add meaningful value to the trade cycle through one dedicated screen.
Enhance Buyside Control
Transform how you interact with the entire marketplace.
- See The Stack
Blind participation limits BestX. Visibility to The Stack cultivates a healthy competitive atmosphere and triggers additional follow-on trading. - Limit information leakage
All-to-All notifies the entire network of your interest. RFX facilitates anonymous execution with a consolidated pool of best price participants without disintermediating dealer coverage. - Auto-bidding functionality
Low touch execution isn’t available without access to an advanced algo. Compete effectively through LTX without babysitting The Stack.
CUTTING-EDGE TECHNOLOGY PAIRED WITH DATA-DRIVEN SOLUTIONS
Liquidity Monitor
Generate additional business and new trade ideas with one dynamic screen. Information is consolidated and prioritized so you can make informed decisions quickly.
Liquidity Scores
Discover counterparties with natural interest. Each institution is assigned a liquidity score on a per-bond basis, indicating likelihood to execute for that bond and like bonds.
Liquidity Alerts
Only receive notifications when you care. Dealers’ data linked to targeted CUSIPs trigger RFX invitations and provide access to additional pre-trade data.
Gain a competitive advantage from the industry’s only real-time, stack-based protocol.
RFX is as simple as 1, 2, 3.
Commit to a baseline price or spread
Select a dealer to run the RFX
See The Stack as it develops
Through the LTX platform, institutional investors work directly with their dealer network to enhance the probability of success.
All RFX participants can watch prices develop within The Stack – full transparency.
Using AI, only the natural matches are targeted, which helps minimize information leakage.
RFX initiators can get liquidity from multiple counterparties, not just one.
Multiple opportunities to bid/offer.
RFX responders can bid/offer for their desired amount due to an enhanced partial protocol.
RFX initiators are committed to their baseline level, showing they are real.
LTX Connects the Dots with One Centralized Platform
LTX introduces market participants to the full picture. Today’s liquidity needs are addressed at the critical intersection between dealers’ post-trade data processed by Broadridge and LTX’s powerful front-office protocol.
 | Applied data science |
 | Aggregated liquidity |
 | Additional transparency |
 | Next-level best execution |
 | Addresses TCA concerns |
 | Amplified dealer involvement |