LTX Releases GenAI-Powered Listing Buying and selling | Bonds & Mounted Revenue
NEW YORK, June 13, 2024 /PRNewswire/ — Additional building on its GenAI management within the fixed income market, LTX, an AI-powered company bond trading platform backed by international Fintech chief Broadridge Monetary Options Inc. (NYSE:BR), at this time introduced GenAI-powered Listing Buying and selling performance. The new characteristic permits customers to leverage GPT technology to generate and execute multi-asset class, multi-directional trade lists seamlessly by way of RFQ+.
“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,” stated Jim Kwiatkowski, CEO of LTX.
“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.”
This new functionality addresses the continued need to streamline workflows, as shoppers persistently search to combine GenAI into their pre-trade and trade execution processes.
The introduction of this performance coincides with the one-year anniversary of LTX’s GenAI software, BondGPT. Throughout the LTX platform, merchants can use BondGPT to generate lists of bonds primarily based on their particular standards simply and rapidly, then seamlessly assemble and execute their record of trades. Merchants can outline guidelines for auto-execution, permitting higher workflow effectivity. BondGPT+ customers can additional improve their portfolio management processes through the use of GenAI on their stock and positions to tell portfolio construction selections.
Up to now, more than more than 90 main asset managers and more than 35 sellers have joined the LTX platform, representing a important liquidity pool. LTX has attracted many of the world’s main asset managers and sellers, with over $39 billion within the Liquidity Cloud in Could 2024.
For more details about LTX, please go to www.ltxtrading.com.
Supply: Broadridge
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