Broadridge Financial Solutions, Inc. (NYSE:BR), an international Fintech platform, reveals that Ted Bragg and Jim Kwiatkowski have now joined LTX, a Broadridge firm providing an AI-enhanced online trading platform for corporate bonds.
Bragg and Kwiatkowski are now part of the LTX leadership team, working cooperatively with LTX Chief Executive Jim Toffey in order to support the digitalization of corporate bond trading.
“As we leverage next-gen technologies to take the bond market to the next level, Ted and Jim are welcomed additions who are recognized leaders with decades of experience driving transformation in the capital markets industry. These latest hires reinforce Broadridge’s commitment and investment in LTX and we look forward to further strengthening our liquidity network, enabling more dealers and investors to trade smarter.”
Bragg brings over 3 decades of professional executive leadership in the international markets and will be tasked with improving LTX’s trading capabilities. Recently, Bragg had been working as VP and Head of Fixed Income at Nasdaq where he was managing the Execution Access broker-dealer team and the registered ATS, NFI, for US Treasuries.
Bragg also has prior experience working as SVP for TP-ICAP Securities USA, where he was tasked with expanding fixed income projects to establish liquidity sources for fixed income and credit markets. Before working at ICAP, Bragg served in various leadership roles for BNY Mellon, such as MD in the Markets Group and as Head of E-Commerce strategy.
Kwiatkowski also joins LTX with over 30 years of professional experience. Recently, he had been working as MD and Global Head of Transaction Sales at the London Stock Exchange where he was tasked with managing sales of the digital trading platform for foreign exchange. Before this role, he was working as Global Head of Transaction Sales at Refinitiv, which included customer relationship management and new business teams for the buy-side and sell-side segments.
Prior to his role at Refinitiv, Kwiatkowski had served as Global Head of Transaction Sales at Thomson Reuters, which he had joined at the time of the acquisition of FXall, where he was serving as Global Head of Sales (via its successful IPO).
Many dealers and over 50 fund managers representing a large liquidity pool have reportedly joined the LTX platform, with another 50 companies currently in the process of joining by end of 2021.
The number of RFX sessions on the platform has been increasing since January of this year and the platform has now exceeded the $1 billion mark in the amount of bonds offered.