LTX awarded four new patents on fixed income trading innovations
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LTX awarded four new patents on fixed income trading innovations 29 January 2024US Reporter: Jack McRae
Image: Dilok
LTX, a Broadridge Financial Solutions subsidiary, has been awarded four new patents. These patents cover bond similarity technology, dealer selection score technology, liquidity aggregation technology and request for quote+ trading protocol.
These technologies will enhance trade workflows and provide the opportunity for price improvement, the company says, due to the participation of multiple responding parties.
Jim Kwiatkowski, CEO of LTX, says: “Our buy- and sell-side clients have identified areas for improvement in existing trading and investment workflows, and we have responded with innovative solutions. Our clients continue to partner with us on implementing AI into their workflows.”
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