LTX, Broadridge Financial Solutions’ AI-led digital trading business, has promoted Jim Kwiatkowski to the role of CEO.
Jim Kwiatkowski, LTX’s new CEO
Kwiatkowski has more than 20 years of experience in the electronic trading industry. He joined LTX in 2021 as chief revenue officer, spearheading business, commercial and operational developments.
“Jim Kwiatkowski is a proven leader with the right expertise to scale the LTX platform and drive it forward,” says Vijay Mayadas, president of capital markets at Broadridge.
Commenting on his new role, Kwiatkowski says: “LTX’s mission and goal is more relevant than ever – to solve the deep and complex liquidity issues in the credit markets through the use of AI and advanced trading protocols.”
Jim Toffey, CEO and co-founder of LTX, will transition to the role of chairman of the firm’s board of directors, succeeding Art Certosimo, who will remain on the LTX board. In his role as chairman, Toffey will continue to promote innovation and advise on strategy and evolving market structure.
Launched in 2020, LTX offers an electronic trading platform for corporate bond market participants. It makes use of AI and a patented e-trading protocol which it claims help improve liquidity, efficiency and execution.
Shruti Khairnar
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