ION Markets’ LatentZero connects to Trumid
13 April 2023 US
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ION Markets’ order management system, LatentZero, has successfully been connected to fixed income electronic trading platform Trumid.
Through the new connection, ION Markets’ clients will have access to Trumid’s integrated market data intelligence tools, which provide greater transparency and an aggregated view of the market.
Traders will have access to anonymous and attributed trading workflows through Trumid, in full compliance with investment directives, risk and compliance checks.
By integrating ION Markets’ service Trumid can offer best execution to its clients, with wider interaction with buy- and sell-side market participants, greater liquidity access and increased trading opportunities.
Commenting on the partnership, Lauren Burd, head of product sales at Trumid, says: "The Trumid platform offers a unique pre-trade experience and a large pocket of diverse liquidity. Our integration with LatentZero OMS creates efficiency and helps to minimise operational risk for traders. We look forward to continued collaboration with ION, especially as we expand into list-based trading.”
Steven Strange, head of product for asset management at ION Markets, adds: “We’re committed to meeting the evolving needs of our clients, offering technology innovation and workflow automation to help them transform their businesses. We’re equally passionate that compliance checks are built into every stage of the lifecycle, guaranteeing an audit trail for less complicated reporting.
“The connection to Trumid through ION LatentZero OMS will provide access to leading market intelligence tools and improve workflow efficiency across the full trade lifecycle.”
Through the new connection, ION Markets’ clients will have access to Trumid’s integrated market data intelligence tools, which provide greater transparency and an aggregated view of the market.
Traders will have access to anonymous and attributed trading workflows through Trumid, in full compliance with investment directives, risk and compliance checks.
By integrating ION Markets’ service Trumid can offer best execution to its clients, with wider interaction with buy- and sell-side market participants, greater liquidity access and increased trading opportunities.
Commenting on the partnership, Lauren Burd, head of product sales at Trumid, says: "The Trumid platform offers a unique pre-trade experience and a large pocket of diverse liquidity. Our integration with LatentZero OMS creates efficiency and helps to minimise operational risk for traders. We look forward to continued collaboration with ION, especially as we expand into list-based trading.”
Steven Strange, head of product for asset management at ION Markets, adds: “We’re committed to meeting the evolving needs of our clients, offering technology innovation and workflow automation to help them transform their businesses. We’re equally passionate that compliance checks are built into every stage of the lifecycle, guaranteeing an audit trail for less complicated reporting.
“The connection to Trumid through ION LatentZero OMS will provide access to leading market intelligence tools and improve workflow efficiency across the full trade lifecycle.”
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