LTX, a subsidiary of Broadridge Financial Solutions Inc. (NYSE:BR), today announced its integration with MultiLynq, a leading provider of e-trading fixed income connectivity and integration solutions, to accelerate connectivity with the LTX platform.
Solutions like MultiLynq help dealers and other market participants onboard LTX faster, joining the 35+ dealers and 90+ asset managers already on the AI-powered corporate bond trading platform.
“Most dealers and asset managers are challenged to prioritize their scarce technical resources to complete many critical technical projects,” said Jim Kwiatkowski, CEO of LTX. “Our partnership with MultiLynq will help many clients reduce time to market and accelerate access to LTX’s AI-powered pre-trade tools, including BondGPT, as well as its innovative RFQ+ and RFX trading protocols.”
Through MultiLynq, dealers can more easily integrate LTX into their existing infrastructure, avoiding the need to develop 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 fast and flexible implementation process and resulting in time and cost savings. Users can now integrate effortlessly with LTX, maintaining their preferred front-end interfaces and communicating with downstream systems, ensuring seamless workflows.
“This partnership reinforces our continued commitment to offer fixed income market participants a seamless and cost-effective solution to access world-class trading venues like LTX,” said MultiLynq co-founder Patrick Scheideler. “By enhancing connectivity and accelerating access to LTX, we are breaking down technology barriers and creating greater efficiencies for participants in the fixed income market.”