Broadridge’s LTX looks to GenAI as it competes for market share

LTX has pinned its hopes of breaking into the fixed-income market on innovative use of AI. But how successful has its approach been, and what is it up against?

Breaking into a market where giants already loom large isn’t for the faint of heart, nor the shallow of pockets. In fixed-income trading platforms, there are the Big Three: Bloomberg, MarketAxess, and Tradeweb. But two years ago, Broadridge ambitiously threw its hat into the bond trading ring with its LTX platform.

LTX’s value proposition is that broker-dealers stand to gain better execution and price improvement by aggregating liquidity across multiple buyers. It offers an AI-powered trading

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

Why recent failures are a catalyst for DLT’s success

Deutsche Bank’s Mathew Kathayanat and Jie Yi Lee argue that DLT's high-profile failures don't mean the technology is dead. Now that the hype has died down, the path is cleared for more measured decisions about DLT’s applications.

Broadridge CEO: ‘We intend to be a leader in AI’

In 2023, Broadridge became one of the first capital markets-focused companies to roll out a GPT-powered tool. Now it is looking across use cases and foundational models to determine where to plant its flag next.

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