ITB launches platform connecting institutional investors to fixed income trading venues

Source: iTB Holdings

ITB Holdings Inc, a leading software provider for institutional fixed income traders, today announced the launch of iTBconnect, a new platform that connects institutional investors to the electronic fixed income trading venues of their choice.

iTBconnect provides clients with the ability to access multiple fixed income venues through one customizable interface or API, resulting in increased liquidity, higher trading volumes, and improved workflow efficiency.

Built specifically for institutional fixed income traders by industry veterans, iTBconnect utilizes advanced order processing and routing logic that significantly improves best execution capabilities. The user interface is intuitive and easy to use, enabling institutional traders to manage numerous orders simultaneously. iTBconnect provides buy-side firms with the ability to access multiple trading venues pre-trade while leveraging straight through processing post-trade to further increase efficiency. With liquidity and trading volumes under pressure, this combination of accessibility and streamlined trading leads to increased transparency through decreased fragmentation.

"With dealer corporate bond inventories down by almost 80% since 2007, institutional investors are actively seeking new sources of liquidity. This combined with the recent proliferation of new electronic trading venues has created a very fragmented market," said Michael Chuang, Founder and CEO of iTB. "Leading buy-side firms recognize the need for a technology solution for centralized access to these fragmented liquidity pools so they can get the best execution they need to remain competitive. iTBconnect answers this need by providing a centralized platform tailored to the specific requirements of each firm." 

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