LedgerEdge Releases Regulated DLT Trading Platform for Corporate Bonds
- The platform is the first of its kind in the world.
- LedgerEdge is powered by R3's Corda.

According to the press release, the LedgerEdge platform is powered by R3’s Corda, a distributed, scalable, permissioned platform used to enable regulated markets to foster a sense of trust between parties. LeadgerEdge’s digital market is a decentralized, fully regulated Multilateral Trading Facility (MTF) by the UK’s Financial Conduct Authority (FCA). The LedgerEdge platform was developed with the cooperation of the world’s leading banks, asset managers and market makers.
Currently, 45 firms are trading on the UK MTF, and 70 are either onboarded or trading on the platform. More than 30 major asset managers are among them, including 7 out of the top 10 sell-side dealers.
Co-Founders Statements
“The first fully regulated bond 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-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. 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-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. Read this Term built on distributed ledger technology is an important milestone for the industry. Credit markets are on the cusp of a digital transformation that has come to other asset classes, and we are excited to be at the forefront in this important market. Client feedback has been an instrumental part of how we built our ecosystem, and I want to thank key participants for being integral to our development. I look forward to continuing that collaborative approach as volume grows, and we continue to develop the product. We are bringing a new modern ecosystem that emphasizes control and ease of execution to a historically illiquid market,” David Nicol, the CEO and Co-Founder at LedgerEdge, commented.
Moreover, David Rutter, the Co-Founder at LedgerEdge, added: “Today’s announcement marks a momentous step for LedgerEdge. This is the culmination of pioneering ideas, work and important client engagement. Our ambitions have now been realized as we bring a next-generation platform to market that fundamentally solves the challenges of locating and promoting liquidity and data ownership. The decentralized system we built gives us the opportunity to rewrite the architecture in the bond market, and corporate bonds are just the beginning.”
According to the press release, the LedgerEdge platform is powered by R3’s Corda, a distributed, scalable, permissioned platform used to enable regulated markets to foster a sense of trust between parties. LeadgerEdge’s digital market is a decentralized, fully regulated Multilateral Trading Facility (MTF) by the UK’s Financial Conduct Authority (FCA). The LedgerEdge platform was developed with the cooperation of the world’s leading banks, asset managers and market makers.
Currently, 45 firms are trading on the UK MTF, and 70 are either onboarded or trading on the platform. More than 30 major asset managers are among them, including 7 out of the top 10 sell-side dealers.
Co-Founders Statements
“The first fully regulated bond 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-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. 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-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. Read this Term built on distributed ledger technology is an important milestone for the industry. Credit markets are on the cusp of a digital transformation that has come to other asset classes, and we are excited to be at the forefront in this important market. Client feedback has been an instrumental part of how we built our ecosystem, and I want to thank key participants for being integral to our development. I look forward to continuing that collaborative approach as volume grows, and we continue to develop the product. We are bringing a new modern ecosystem that emphasizes control and ease of execution to a historically illiquid market,” David Nicol, the CEO and Co-Founder at LedgerEdge, commented.
Moreover, David Rutter, the Co-Founder at LedgerEdge, added: “Today’s announcement marks a momentous step for LedgerEdge. This is the culmination of pioneering ideas, work and important client engagement. Our ambitions have now been realized as we bring a next-generation platform to market that fundamentally solves the challenges of locating and promoting liquidity and data ownership. The decentralized system we built gives us the opportunity to rewrite the architecture in the bond market, and corporate bonds are just the beginning.”