Expands Dealer Access Across the ICE Bonds Marketplace
Intercontinental Exchange, one of the world’s leading providers of financial market technology and data powering global capital markets, announced that MultiLynq LLC, a financial technology solutions supplier for electronic fixed income trading, has become the first provider to offer connectivity to their customers to the ICE Bonds Risk Matching Auction (RMA) protocol. The RMA protocol, which is part of the ICE Bonds’ suite of trading solutions, conducts multiple dealer-to-dealer sweep auctions weekly for corporate bonds.
The integration of the ICE Bonds RMA protocol through the ICE Application Programming Interface (API) enables dealers on MultiLynq’s platform to seamlessly connect to, and participate in, ICE Bonds’ session-based trading workflow, providing access to a robust pool of liquidity across the marketplace. Six firms have already chosen to utilize the ICE Bonds RMA protocol through MultiLynq, complementing a larger RMA network of 15 firms connected through ICE Bonds’ Graphical User Interface (GUI) and API access channels.
MultiLynq has also invested in connectivity to ICE Bonds’ Automated Trading System (ATS), which gives dealers streamlined access to multiple trading protocols and liquidity pools through a single connectivity framework.
“MultiLynq’s support of our RMA protocol is an important step forward in the evolution of electronic fixed income trading,” said Peter Borstelmann, President of ICE Bonds. “By reducing manual processes and enabling more systemic engagement with liquidity, firms can improve efficiency, accelerate execution, and scale their trading operations.”
“The shift toward real time, standardized data is driving an increased demand for high performing API platforms in electronic fixed income trading,” said Patrick Scheideler, Co-Founder at MultiLynq. “We are excited to offer the ICE Bonds RMA protocol to our customers, which gives a powerful new trading protocol for accessing ICE’s fixed income liquidity.”
Source: ICE Bonds





