TRADE SMARTER.
Understand liquidity before you trade to achieve the ultimate best execution.
The LTX platform empowers dealers and institutional investors to better connect and trade corporate bonds through artificial intelligence, and provides next-generation protocols that enable dealers to more efficiently aggregate liquidity and trading opportunities across their vast customer network.


BACKED BY THE POWER OF BROADRIDGE
LTX uses artificial intelligence to leverage the size and scale of Broadridge to create liquidity, digitize workflows and increase efficiency in the corporate bond market.
$4B+
REVENUES
$10T
IN FIXED INCOME AND EQUITIES TRADES
PROCESSED DAILY
19 of 24
PRIMARY DEALERS ON BROADRIDGE’S FIXED INCOME PROCESSING PLATFORM
GO BEYOND RFQ TO TAKE THE BOND MARKET TO THE NEXT LEVEL
LTX’s new RFX® trading protocol goes way beyond RFQ to help maximize liquidity and efficiency for all market participants.
RFQ Limitations
RFQ simply electronified the phone call without fundamentally improving liquidity.
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Lack of Transparency
Participants cannot see other prices -
Information Leakage
No filter to target natural buyers/sellers -
One-to-One Execution
Single “winner”– not likely to represent BestEx -
Blind Price Submission
No ability for price improvement -
Can’t Bid for Your Amount
Cannot bid/offer for preferred amount
RFX Solutions
RFX empowers dealers to aggregate liquidity and enable dynamic price formation across their customer network.
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Full Transparency
Monitor price development – see The Stack ® -
Control Information Leakage
Natural buyers/sellers targeted for each security -
One-to-Many Execution
Initiators receive aggregated liquidity from multiple parties -
Opportunity to Improve
Allows for efficient price improvement -
Enhanced Flexible Protocol
Responders can bid/offer for desired amount
Technology and the Changing Future of Investing
LTX President Jim Toffey joins financial leaders from State Street, UBS and Raymond James to discuss putting next-gen tech into practice to improve efficiency and liquidity in fixed income markets with Bloomberg Live.