Intercontinental Exchange, Inc. (NYSE:ICE) announced today that TS Imagine has partnered with ICE Bonds to offer clients seamless access to its fixed income execution protocols and liquidity.
TS Imagine customers using TS One and TradeSmart OEMS can now access ICE Bonds trading protocols for Municipal and Corporate, on the ICE TMC and ICE BondPoint platforms.
“TS Imagine’s multi-asset platform has become a leading tool for investors around the world and we are pleased to provide ICE Bonds’ municipal and corporate bond flow and liquidity data and liquidity to their clients,” said Peter Borstelmann, President of ICE Bonds. “With seamless access through TS Imagine’s OEMS, this integration builds on our effort to expand the distribution of our markets to a broader network of investors across institutional, retail and wealth management client bases.”
TS Imagine offers comprehensive electronic front-office trading, portfolio management and financial risk management tools to the buy and sell investment communities. By choosing to use the ICE Bonds API for connectivity, TS Imagine clients will have access to various pools of fixed income liquidity through ICE Bonds’ suite of trading protocols, including click-to-trade and request-for-quote ( RFQ).
“Providing a comprehensive platform that brings together the most important pools of liquidity from various markets is of paramount importance to our clients, which is why we are excited to add ICE Bonds’ leading municipal and corporate bond markets,” said Spencer Lee, Chief Markets Officer. and Head of Fixed Income at TS Imagine.
With this integration, TS Imagine will have access to ICE TMC, which provides market participants with access to an all-to-all marketplace for trading municipal, corporate, agency and government bonds, as well as certificates of deposit and ICE BondPoint, which offer deep fixed income liquidity and price discovery for market-side broker-dealers and institutions. For municipal bonds traded through ICE TMC, more than 450 unique liquidity providers have traded 272,484 distinct securities (CUSIPS) with fill rates consistently above 99% over the past two years.