Ted Bragg and Jim Kwiatkowski have joined LTX, a Broadridge company offering a new AI-driven digital trading platform for corporate bonds.
Both executives will join the leadership team, working closely with LTX CEO Jim Toffey to accelerate the digitization of corporate bond trading.
The LTX platform has onboarded a dozen dealers and 50 plus asset managers to its liquidity pool, with an additional 50 firms in the pipeline to join by year end. The platform recently surpassed the $1bn mark in total amount of bonds offered.
Jim Toffey, Chief Executive Officer of LTX, said: “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.”
Ted Bragg, an industry veteran with more than 30 years of executive leadership in the global markets, will be in charge of further enhancing LTX’s trading capabilities.
He joins Broadridge’s LTX from Nasdaq, where he was Vice President and Head of Fixed Income, where he ran the Execution Access broker-dealer team and the registered ATS, NFI, for US Treasuries.
Prior to that, he was SVP for TP-ICAP Securities USA and was responsible for expanding fixed income initiatives to create liquidity sources for fixed income and credit markets.
Jim Kwiatkowski is also a 30-year industry veteran, but he served as Managing Director and Global Head of Transaction Sales at the London Stock Exchange. At LSE, he was responsible for leading sales of the foremost electronic trading platform for foreign exchange.
Prior to LSE, Kwiatkowski was Global Head of Transaction Sales at Refinitiv, encompassing both client relationship management and new business teams for the buy-side and sell-side client segments, and Global Head of Transaction Sales at Thomson Reuters, which he joined as part of the acquisition of FXall, where he was also Global Head of Sales, through its successful IPO.