Intercontinental Exchange (ICE), the data, technology and market infrastructure provider, has connected ICE Bonds with Adroit Trading Technologies, the provider of order and execution management system (OEMS) for over-the-counter focused buy-side traders.
ICE Bonds’ fixed income over-the-counter marketplace will support Adroit users with liquidity and price discovery across multiple protocols, including portfolio trading, request for quote (RFQ) and click-to-trade.
“As fixed income markets continue to become more electronic and automated, market participants are searching for a combination of access to liquidity and an advanced execution platform,” said Peter Borstelmann, president of ICE Bonds. “Adroit’s trading technology provides seamless visibility and access to our leading data, analytics and liquidity pools, all in one consolidated view, which is a big benefit for our customers.”
Adroit’s technology is designed to enable buy-side traders to identify relevant OTC liquidity, streamline complex workflows, and trade electronically across dealers and liquidity pools. ICE Bonds’ commitment should now provide the Adroit community further access to fixed income liquidity and data to trade more efficiently.
“With its broad asset class coverage and execution protocols, ICE Bonds has a diverse customer footprint, and the addition of these venues will drive trading opportunities for our mutual buyside clients, across corporate and muni bonds,” said Anil Jaglan, founder of Adroit.
“Adroit’s EMS clients have been asking for further integration of unique pricing and liquidity sources, and we’re pleased to add comprehensive access to the ICE Bonds’ trading platforms.”
©Markets Media Europe, 2021
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