FlexTrade Systems, the global provider of execution and order management systems, has announced that T. Rowe Price Associates, Inc. is now live with Propellant Digital’s fixed-income transparency data offering, integrated through FlexTrade’s FlexFI execution management system. Propellant Digital’s platform delivers real-time insights and analytics on bond market activity, helping financial institutions navigate the electronification of bond trading.
With this integration, T. Rowe Price’s fixed-income trading teams can access comprehensive data, including real-time market activity, historical trade prices, and aggregated trade volumes, all within the FlexFI Order Blotter. This enhanced transparency is poised to benefit from upcoming EU and UK transparency regulations in 2025, enabling traders to streamline workflows, optimise strategies, and make informed decisions directly within their trading platform.
Matt Murphy, Fixed Income Electronic Trading and Market Structure Specialist at T. Rowe Price Associates, Inc., comments: “One of the drivers for using FlexTrade’s FlexFI as our fixed-income EMS is ensuring that our bond trading teams can bring in new sources of pre-trade data into the order blotter to provide the aggregated view they need to navigate a constantly changing market landscape. Our deployment of Propellant’s new analytics offering illustrates this, and we look forward to working with them as their offering further evolves.”
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