iTB Securities LLC today announced the launch of iTBconnect, providing streaming prices and a real-time trading platform for fixed income investors.
The iTBconnect platform gives users point-and-click access to hundreds of bond dealers to enable better and faster execution relative to conducting transactions over the phone. iTBconnect pushes live bid and offer prices for over 35,000 securities including US Treasury, Agency, Corporate Investment Grade, Corporate High Yield, and Municipal debt prices from the market directly to iTBconnect users via a web browser.
Using the patent pending iTBconnect technology, bond investors can now achieve best execution via smart order routing capabilities previously reserved for only the largest institutional investors. This reduction in transaction costs will allow fixed income investors such as Registered Investment Advisors, insurance companies, banks, hedge funds and government municipalities to increase returns in a low yielding interest rate environment.
Additionally, fixed income broker dealers can white label the iTBconnect platform in lieu of developing technology in-house, thereby providing a superior trading experience for their clients at a fraction of the time and cost.
"Compared to investors in equities and foreign exchange markets, fixed income investors have thus far lacked access to efficient markets created by leveraging world class technologies," said Michael Chuang, iTB Securities Founder and Chief Executive Officer. "Our team of technologists and fixed income market professionals has combined efforts to create a simple-to-use yet powerful platform to close the gap in fixed income technology. We truly have a unique platform that was developed by bond traders for bond traders."