Schroders Strengthens Fixed Income Trading with Virtu Financial

Virtu Financial, a leading provider in market making and execution services, and Propellant Digital , a technology provider specializing in fixed-income data analytics, announced that Schroders has completed the integration of Propellant's extensive fixed-income transparency data offering via Virtu’s global multi-asset class execution management system (EMS), Triton Valor. Propellant's technology platform has been employed by many financial institutions, including global and regional banks, asset managers, quant hedge funds, trading venues, regulators, and other industry associations. By leveraging Propellant’s analytics, these institutions can extract value from growing volumes of European and US transparency data in today's increasingly electronified bond trading environment. The full implementation of Propellant's analytics, within the Virtu Order Blotter, provides Schroders’s fixed-income trading teams with a comprehensive trade dataset. Schroders’s teams can now access pre-trade data such as real-time market activity, historical trade prices, and aggregated trade volumes. Furthermore, Schroders’s teams will benefit directly from enhanced market visibility enabled by the new EU and UK transparency regime coming into effect in 2025. By utilizing Virtu’s market structure expertise and execution technology, users can optimize trading strategies, drive workflow efficiency, and make more informed decisions without leaving the context of their fixed-income trading blotter.