TS Imagine, the leading global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, is pleased to announce the following momentum indicators for fixed-income electronic trading.

Notable uptick in fixed-income electronic trading volumes and users

• TradeSmart Fixed Income EMS has seen exponential month over month growth in electronic bond trading volumes over the past 12 months, with average notional volume up sevenfold.
• Total electronic bond trading volumes via TradeSmart Fixed Income EMS surpassed $500 billion during the same period.
• TradeSmart Fixed Income EMS has seen a 300% increase in the number of users since the start of 2021, with over 500 traders at 45 firms now using the technology.

Expanded direct dealer connectivity

TradeSmart Fixed Income EMS users can connect directly with eight leading fixed-income dealers, with more dealer connections expected during the coming months. In addition to directly connecting to eight dealers, users can also access twenty venues via the TradeSmart Fixed Income EMS.

“All indicators point to an increase in the speed of adoption of electronic trading by sophisticated fixed-income investors,” said Rob Flatley, CEO of TS Imagine. “Fixed income traders have become acutely aware of the impact electronic trading can have on their individual performance and their company’s bottom line through transaction cost savings. It’s simple: when they trade electronically, their workflow and quality of life improves dramatically.”

New products and next-gen features

TradeSmart Fixed Income EMS has expanded its capacity to support the trading of additional fixed-income products, including: all cash and derivatives for Rates and Credit, Munis, Government Sponsored Entities (GSEs), Emerging Markets, and Money Markets. The ability to support the trading of Mortgages, Loans, CLOs, and Repos will be added during the coming months.

“We are pleased to support even more products as adoption of fixed income electronic trading continues to accelerate,” said Spencer Lee, Chief Markets Officer and Head of Fixed Income. “Challenging market conditions over the past two years have driven traders to seek out the best and most user-friendly technological solutions that allow them to cope with volatility and other unprecedented market dynamics.”

TS Imagine recently announced several next-generation features of its TradeSmart Fixed Income EMS, including Liquidity Snapshot, Liquidity Aggregator, Best Dealer Algo, Automated Leave Order Tracking, and E-mail Parser.