Broadridge's LTX Introduces GenAI-powered List Trading Functionality

The global fintech leader Broadridge Financial Solutions, Inc. (Broadridge) announced that LTX, its AI-powered corporate bond trading platform, has introduced GenAI-powered List Trading functionality, allowing users to leverage GPT technology to generate and execute multi-asset class, multi-directional trade lists seamlessly via RFQ+.

Jim Kwiatkowski, CEO of LTX, explained: "In response to clients' positive engagement with our GenAI-powered app BondGPT and their request for similarly innovative trading capabilities, we developed GenAI-powered List Trading. This new functionality builds on LTX's foundation leveraging powerful AI and advanced trading protocols like RFQ+ and RFX to improve efficiency, increase time savings and offer greater flexibility in trading strategies."

In June 2023, LTX launched BondGPT, an application that combines the capabilities of OpenAI GPT-4 with LTX's analytics and extensive underlying dataset. Subsequently, in October of the same year, the enterprise version, BondGPT+​, was introduced to help clients further enhance their portfolio management processes. LTX highlighted that the latest introduction of GenAI-powered List Trading addresses the ongoing need for workflow optimization.

Furthermore, in recent months, LTX has integrated with TS Imagine and MultiLynq​ to enhance transparency and trading efficiency for its clients.