Intercontinental Exchange, a global provider of technology and data, has announced that Tigress Financial Partners, the nation’s only certified disabled and women-owned financial services firm, will provide a co-branded version of the ICE TMC bond platform to its network of dealers and investment managers.
ICE TMC is a market leading, anonymous, all-to-all Alternative Trading System (ATS) operated by ICE Bonds, offering execution of municipal, corporate, agency and government bonds, as well as mortgage-backed securities and Certificates of Deposit.
By providing ICE Bonds’ innovative private-labeled technology to Tigress Financial’s customers, they will have direct access to ICE Bonds’ network of liquidity providers via an intuitive, user-friendly platform for discovering and trading fixed income securities.
“Since our founding, we have remained committed to providing both industry-leading access to the markets our customers need the most, while also helping our customers align their investments to match their broader sustainability objectives,” said Cynthia DiBartolo, Founder and CEO at Tigress.
“ICE’s network allows us to quickly scale up to provide access to a leading source of liquidity across a broad and deep market set.”
The ICE TMC platform has an extensive network of over 475 liquidity providers and takers, with more than 250,000 registered users.
ICE TMC is part of ICE Bonds, which offers growing pools of fixed income liquidity and multiple execution protocols including click-to-trade, request-for-quote, sweeps, portfolio auctions and voice-assisted trades for U.S. Municipal, Corporate, Treasury, Agency, MBS Pass-throughs, emerging market and sovereign bonds and certificates of deposit.
“We’re honored to work with a trail-blazing firm like Tigress Financial as they offer new price discovery and trading solutions to their growing base of customers,” said Peter Borstelmann, President of ICE Bonds.
“Our ICE TMC platform leverages our deep experience building and managing markets, and provides a unique liquidity network for Tigress Financial’s customers to access a broad range of fixed income securities.”
Source: ICE
