iTB Holdings, Inc., a leading software provider for institutional fixed income traders, today announced it has signed an agreement with leading global brokerage company BGC, enabling it to connect directly to BGC's proprietary US government bond trading platform, eSpeed.
The expansion of iTBconnect's network will offer its institutional clients greater access to the US treasuries marketplace.
Using iTBconnect, a platform that connects institutional investors to the electronic fixed income trading venues of their choice, traders can benefit from eSpeed's live and firm US Treasury market liquidity via the same interface they trade corporate and municipal bonds, offering traders convenience and flexibility. iTBconnect's intuitive and easy to use interface helps traders manage numerous orders simultaneously, while also improving execution, order processing, routing and post-trade efficiencies. iTBconnect also recently announced it is providing clients access to NYSE Euronext's Bonds platform.
"We welcome eSpeed, BGC's trading platform to iTBconnect as it further strengthens our mission to provide clients with single-point access to a selection of high quality fixed income trading venues," said Michael Chuang, Founder and CEO of iTB. "With the addition of eSpeed, our platform gives institutional investors direct and efficient access to one of the deepest pools of liquidity in the US Treasury markets."
Philip Norton, Executive Managing Director & Global Head of eCommerce for BGC Partners said, "BGC is delighted to welcome iTB's customers to the diverse list of clients experiencing the benefits of trading using our sophisticated platform and complete trading solution. We believe a distribution relationship with iTB will bring increased liquidity and improved efficiencies in the US treasuries marketplace."