LTX by Broadridge Granted Four Patents on Fixed-Income Trading Innovations

LTX, a subsidiary of global Fintech leader Broadridge Financial Solutions, Inc. (Broadridge), announced that it has been granted four new patents for its fixed-income trading innovations, including bond similarity technology, dealer selection score technology, liquidity aggregation technology, and RFQ+ trading protocol.

According to LTX, the newly patented technologies can serve jointly to inform pre-trade decision-making and bring new efficiency to trade execution, as well as enhance trade workflow and tap the potential for price improvement.

Jim Kwiatkowski, CEO of LTX, said: "Our buy- and sell-side clients have identified areas for improvement in existing trading and investment workflows, and we have responded with innovative solutions. We're thrilled that our inventions were awarded patents as our clients continue to partner with us on implementing AI into their workflows."

In addition, LTX is in the process of filing patent applications for its generative AI application, BondGPT​, launched last June and the enterprise version, BondGPT+​, launched in October.