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Broadridge's LTX Wants to Simplify Large Trades, Introduces RFQ+ Protocol
LTX, a subsidiary of Broadridge Financial Solutions Inc. (NYSE: BR), has announced RFQ+, a new enhanced Request for Quote (RFQ) protocol. The patent-pending protocol combines pre-trade dealer selection analytics and liquidity aggregation, thus allowing for the processing of larger trades by pooling multiple dealer responses.Broadridge's LTX Presents Solution for Larger TradesDespite growth in electronically traded volumes in recent years, larger trades are still generally executed bilaterally. A...
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Posted: Jun 22 2023, 12:17
Author Name: financemagnates
Views: 081155