ION launches FI EMS to simplify fixed income trading
27 June 2022 US
Image: Maximusdn/stock.adobe.com
ION, a trading, analytics, treasury and risk management firm, has launched a new product for buy- and sell-side fixed income traders.
FI EMS aims to ease challenges around selecting counterparties and sourcing liquidity by digitising the entire dealer-to-customer (D2C) trading process.
According to ION, trading desks are under pressure to deliver best execution across different bond asset classes and, therefore, they are increasingly considering digitising the D2C trading process, including automating liquidity sourcing and price discovery.
ION continues: “In an increasingly fragmented market, traders must remain competitive and reduce operational risks.”
As a buy-side solution, the objective of FI EMS is to ensure best execution among various D2C markets and retail venues.
Integrated with the ION market-making solution, FI EMS offers buy-side capabilities to sell-side traders through direct execution as well as at-trade and post-trade hedging.
Catering for increasingly complex regulatory pressures, FI EMS provides a comprehensive audit trail of all execution steps and generates client reports automatically.
Tommaso Di Grazia, head of fixed income product development at ION Markets, says: “Whether you are on the buy-side or sell-side, delivering first-class service for your clients can be complex, especially when dealing with multiple requests in a volatile market.
“FI EMS enables intelligent auto-execution capabilities for executing brokers while extending access to liquidity for sell-side traders. Since its inception, ION has focused on building solutions that help traders automate tasks, reduce the overall operational risks and in this case, deliver better fixed income execution.”
FI EMS aims to ease challenges around selecting counterparties and sourcing liquidity by digitising the entire dealer-to-customer (D2C) trading process.
According to ION, trading desks are under pressure to deliver best execution across different bond asset classes and, therefore, they are increasingly considering digitising the D2C trading process, including automating liquidity sourcing and price discovery.
ION continues: “In an increasingly fragmented market, traders must remain competitive and reduce operational risks.”
As a buy-side solution, the objective of FI EMS is to ensure best execution among various D2C markets and retail venues.
Integrated with the ION market-making solution, FI EMS offers buy-side capabilities to sell-side traders through direct execution as well as at-trade and post-trade hedging.
Catering for increasingly complex regulatory pressures, FI EMS provides a comprehensive audit trail of all execution steps and generates client reports automatically.
Tommaso Di Grazia, head of fixed income product development at ION Markets, says: “Whether you are on the buy-side or sell-side, delivering first-class service for your clients can be complex, especially when dealing with multiple requests in a volatile market.
“FI EMS enables intelligent auto-execution capabilities for executing brokers while extending access to liquidity for sell-side traders. Since its inception, ION has focused on building solutions that help traders automate tasks, reduce the overall operational risks and in this case, deliver better fixed income execution.”
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