Trading Technologies Taps ICE Data Services to Power New Buy-Side Fixed Income EMS

Quick Summary

Trading Technologies (TT) has partnered with ICE Data Services to integrate premium market and reference data into its upcoming Fixed Income EMS. This collaboration provides buy-side firms with evaluated pricing for 3 million instruments, enabling seamless cross-asset trading across fixed income, futures, and FX within a single unified platform.

How Does the New Fixed Income EMS Improve Trading Workflows?

The new Fixed Income EMS from Trading Technologies is designed to eliminate the friction of switching between disparate systems. By residing natively within the TT multi-asset platform, it allows traders to use familiar trading widgets and post-trade services for USD Rates and Credit products. This integration ensures that high-intent institutional traders can manage complex portfolios without leaving their primary execution environment.

• Unified multi-asset screen covering fixed income, futures, and FX.
• Native integration with existing TT post-trade allocation services.
• Initial product focus on USD Rates and Credit instruments.

What Role Does ICE Data Play in the New Platform?

The partnership leverages ICE Data Services’ foundational evaluated prices and extensive reference data to power the EMS. By incorporating the Continuously Evaluated Price (CEP) feed, TT provides its clients with real-time transparency into the fixed income markets. This data covers over 3 million financial instruments, ensuring that buy-side firms have the necessary mission-critical workflow tools to execute trades with high precision and regulatory confidence.

• 3 million+ instruments covered by ICE reference data.
• Continuously Evaluated Prices for real-time market transparency.
• End-of-Day Evaluated Prices for accurate portfolio valuation.

How is Trading Technologies Defining Next-Gen Execution?

Trading Technologies is positioning itself as a leader in multi-asset execution management by investing heavily in engineering for modern market complexities. The launch, previewed at the Fixed Income Leaders Summit, signals a shift toward SaaS-based trading solutions that prioritize scannability and speed. By unifying diverse asset classes, TT helps firms unlock cross-asset possibilities that were previously hindered by siloed technology stacks.

FF NEWS TAKE:

This move by Trading Technologies significantly moves the needle by bridging the gap between listed derivatives and the often-fragmented fixed income markets. Integrating a Fixed Income EMS with ICE’s gold-standard data directly into a multi-asset platform is a power play for buy-side dominance. As firms demand more consolidated execution workflows, TT’s ability to offer a single-pane-of-glass solution for fixed income and FX makes them a formidable competitor to legacy terminal providers.