Broadridge Taps Ted Bragg and Jim Kwiatkowski to Join LTX Leadership Team
- Both executives worked in renowned firms such as Thomson Reuters and Nasdaq.
Broadridge Financial Solutions, Inc. (NYSE: BR) announced on Tuesday that it has hired Ted Bragg and Jim Kwiatkowski to join LTX, a Broadridge subsidiary that offers an AI-driven digital Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term for corporate bonds. According to the press release, both executives will be part of the LTX leadership team.
Bragg and Kwiatkowski are well-known veterans in the global markets industry, with the former having served as Vice President and Head of Fixed Income at Nasdaq. Though, Kwiatkowski worked as Managing Director and Global Head of Transaction Sales at the London Stock Exchange.
“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 Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term network, enabling more dealers and investors to trade smarter,” Jim Toffey, LTX CEO, commented on the appointments.
The new Broadridge subsidiary’s leadership members had experience managing execution access broker-dealer teams and expanding fixed income initiatives. Moreover, Kwiatkowski is a former Global Head of Transaction Sales for Refinitiv and was the Global Head of Transactions Sales at Thomson Reuters, where he joined the team after the acquisition of FXall.
Recent Financials Report
Recently, Broadridge unveiled its financials for the fourth quarter of the financial year 2021, ending the quarter with a revenue increase of 12 percent and the year with a 10 percent gain. The financial services company generated total revenue of $1.53 billion in the last quarter of the fiscal year compared to $1.36 billion in the prior year. Its recurring fee revenues increased by 15 percent to touch $1.06 billion.
ICS, which is the primary revenue generator for the company, brought in $1.22 billion in revenue, which was a yearly jump of 12 percent. The revenue from the GTO business, which includes Broadridge’s recently acquired subsidiary Itiviti, came in at $346 million, which is $32 million higher than the previous year.
Broadridge Financial Solutions, Inc. (NYSE: BR) announced on Tuesday that it has hired Ted Bragg and Jim Kwiatkowski to join LTX, a Broadridge subsidiary that offers an AI-driven digital Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term for corporate bonds. According to the press release, both executives will be part of the LTX leadership team.
Bragg and Kwiatkowski are well-known veterans in the global markets industry, with the former having served as Vice President and Head of Fixed Income at Nasdaq. Though, Kwiatkowski worked as Managing Director and Global Head of Transaction Sales at the London Stock Exchange.
“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 Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term network, enabling more dealers and investors to trade smarter,” Jim Toffey, LTX CEO, commented on the appointments.
The new Broadridge subsidiary’s leadership members had experience managing execution access broker-dealer teams and expanding fixed income initiatives. Moreover, Kwiatkowski is a former Global Head of Transaction Sales for Refinitiv and was the Global Head of Transactions Sales at Thomson Reuters, where he joined the team after the acquisition of FXall.
Recent Financials Report
Recently, Broadridge unveiled its financials for the fourth quarter of the financial year 2021, ending the quarter with a revenue increase of 12 percent and the year with a 10 percent gain. The financial services company generated total revenue of $1.53 billion in the last quarter of the fiscal year compared to $1.36 billion in the prior year. Its recurring fee revenues increased by 15 percent to touch $1.06 billion.
ICS, which is the primary revenue generator for the company, brought in $1.22 billion in revenue, which was a yearly jump of 12 percent. The revenue from the GTO business, which includes Broadridge’s recently acquired subsidiary Itiviti, came in at $346 million, which is $32 million higher than the previous year.