Portfolio Trading
for Tax-Exempt
Munis
Optimize list trading for large
or customized portfolios
for Tax-Exempt
Munis
Optimize list trading for large
or customized portfolios
Functionality overview
Portfolio Trading for Tax-Exempt Munis is a tool for clients looking
to exchange risk in an efficient manner. Our solution eliminates the
labor-intensive workflow of spreadsheets and provides clients with
an electronic tool for certainty of execution of multiple bonds in a
single transaction. Clients can submit their portfolio trade to multiple
counter-parties or a single dealer, negotiating price improvements
and trading discreetly on a diversified basket of Tax-Exempt Munis.
Load your portfolio trade manually or utilize straight-through-processing.
View pre-trade analytics, including a weighted average,
based on a price reference you set per line item.
Engage a small subset of your disclosed dealers to price your
Tax-Exempt portfolio.
During negotiation time, clients may counter or remove
individual line items to customize for optimal execution.
Features
Negotiate on individual line items
Upload up to 1,500-line items
per portfolio trade
In-competition with up to 10 dealers
Seamless pre- and post-trade
workflows via your OMS
Benefits
Efficiency and certainty of execution
Comingle diversified credits and
structures
Minimize information leakage
Execute on a single transaction
01
Portfolio Trading for Tax-Exempt Munis is a tool for clients looking
to exchange risk in an efficient manner. Our solution eliminates the
labor-intensive workflow of spreadsheets and provides clients with
an electronic tool for certainty of execution of multiple bonds in a
single transaction. Clients can submit their portfolio trade to multiple
counter-parties or a single dealer, negotiating price improvements
and trading discreetly on a diversified basket of Tax-Exempt Munis.
Load your portfolio trade manually or utilize straight-through-processing.
View pre-trade analytics, including a weighted average,
based on a price reference you set per line item.
Engage a small subset of your disclosed dealers to price your
Tax-Exempt portfolio.
During negotiation time, clients may counter or remove
individual line items to customize for optimal execution.
Features
Negotiate on individual line items
Upload up to 1,500-line items
per portfolio trade
In-competition with up to 10 dealers
Seamless pre- and post-trade
workflows via your OMS
Benefits
Efficiency and certainty of execution
Comingle diversified credits and
structures
Minimize information leakage
Execute on a single transaction
01
