Nyse Bonds connectivity made available through iTBConnecft

Source: Nyse

NYSE Euronext's fixed income trading platform in the U.S., NYSE Bonds, today announced that ITB Holdings, Inc (iTB), a leading software provider for the fixed income trading community will now offer its clients access to the NYSE Bonds platform.

Clients of iTB will be able to access firm market quotes for the thousands of debt securities listed on NYSE Bonds through the same customizable interface they do other markets, resulting in increased liquidity with decreased fragmentation.

"We are pleased to offer fixed income participants connectivity to the NYSE Bonds platform through iTBconnect," said Kevin Molloy, Managing Director for Fixed Income, NYSE Euronext. "NYSE Bonds provides quotes in more than 2,000 debt securities, a number that continues to grow. As we increase the number of connections to our platform, more liquidity is brought to the electronic fixed income market, which benefits all market participants."

Through its intuitive and easy to use interface, iTBconnect allows traders to manage numerous orders simultaneously. It also improves best execution by utilizing advanced order processing and routing while leveraging straight through processing to increase efficiencies post-trade.

"iTB was created to provide market participants with electronic access to the fixed income trading venues of their choice. Connecting to NYSE Bonds marks the latest step on our mission to provide clients a high quality selection of trading venues to choose from," said Michael Chuang, Founder and CEO of iTB.

NYSE Bonds operates the largest centralized corporate bond market in the U.S., providing an opportunity for participants to trade bonds in a fair, open environment. On NYSE Bonds, firm and executable orders entered by members or sponsored participants are displayed on the order book, and executed on a strict price/time priority. Participants control their orders on NYSE Bonds, adjusting orders and executing as they see fit. NYSE Bonds is dedicated to creating transparency and increasing liquidity in the U.S. Bond markets.

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