Tigress Financial Partners to Offer Co-Branded Access to the ICE TMC Bond Trading Platform
- None.
- None.
Insights
The partnership between Intercontinental Exchange, Inc. (ICE) and Tigress Financial Partners signifies a strategic expansion of services and potential growth in clientele for ICE. By integrating ICE Bonds' ATS into Tigress Financial's offerings, there is an anticipated increase in trading volume and user engagement on the ICE TMC platform. This could result in enhanced revenue streams for ICE through increased transaction fees and data services. Moreover, the collaboration may positively influence ICE's market positioning by associating with a firm that has a unique focus on diversity and sustainability, potentially attracting investors interested in socially responsible investing.
It is essential to monitor how this partnership impacts ICE's financial metrics in subsequent quarters, particularly in terms of trading volumes and revenue from the fixed income segment. Additionally, the increase in the number of liquidity providers and users could lead to improved price discovery and market efficiency for fixed income securities, which is beneficial for the overall market structure.
The integration of ICE TMC into Tigress Financial's platform is expected to enhance the customer experience and provide a competitive edge in the fixed income market. The user-friendly interface and access to an extensive network of liquidity providers could attract a broader customer base, including those prioritizing ESG (Environmental, Social and Governance) criteria in their investment decisions.
Given the growing demand for ESG-compliant investment opportunities, this partnership may position Tigress Financial favorably in a niche market, potentially increasing market share. For ICE, this could translate into a strengthened position within the fixed income trading sector, leveraging the growing trend of ESG investing.
The collaboration between ICE and Tigress Financial Partners is a notable development in the regulatory environment of financial markets. As an ATS, ICE TMC operates under specific SEC regulations designed to ensure fair and transparent markets. The expansion of ICE TMC's services through Tigress Financial must adhere to these regulations, emphasizing the importance of compliance and oversight.
Furthermore, the partnership underscores the significance of diversity and inclusion within the financial industry. Tigress Financial, being a certified disabled and women-owned firm, represents progress in the industry's efforts towards inclusivity. This could set a precedent for future partnerships and potentially influence regulatory considerations around diversity in the financial services sector.
ICE TMC is a market leading, anonymous, all-to-all Alternative Trading System (ATS) operated by ICE Bonds, offering execution of municipal, corporate, agency and government bonds, as well as mortgage-backed securities and Certificates of Deposit. By providing ICE Bonds’ innovative private-labeled technology to Tigress Financial’s customers, they will have direct access to ICE Bonds’ network of liquidity providers via an intuitive, user-friendly platform for discovering and trading fixed income securities.
"Since our founding, we have remained committed to providing both industry-leading access to the markets our customers need the most, while also helping our customers align their investments to match their broader sustainability objectives,” said Cynthia DiBartolo, Founder and CEO at Tigress. “ICE’s network allows us to quickly scale up to provide access to a leading source of liquidity across a broad and deep market set.”
The ICE TMC platform has an extensive network of over 475 liquidity providers and takers, with more than 250,000 registered users. ICE TMC is part of ICE Bonds, which offers growing pools of fixed income liquidity and multiple execution protocols including click-to-trade, request-for-quote, sweeps, portfolio auctions and voice-assisted trades for
"We’re honored to work with a trail-blazing firm like Tigress Financial as they offer new price discovery and trading solutions to their growing base of customers,” said Peter Borstelmann, President of ICE Bonds. “Our ICE TMC platform leverages our deep experience building and managing markets, and provides a unique liquidity network for Tigress Financial’s customers to access a broad range of fixed income securities.”
For more information about ICE Bonds, please visit: https://www.theice.com/fixed-income/ice-bonds.
About Tigress Financial Partners
Tigress Financial Partners is the nation’s only disabled and woman-owned financial services firm providing institutional and high net worth investors with expertise in investment banking, capital markets, research, corporate advisory and global trade execution services, asset management and global wealth management. Tigress Financial Partners LLC is a both a national certified disabled owned business (DOBE) and certified Woman-Owned Business Enterprise (WBENC), Member FINRA, NYSE, SEC and MSRB. For further information about Tigress Financial Partners, please visit: www.tigressfp.com.
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges – including the New York Stock Exchange – and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2022, as filed with the SEC on February 2, 2023.
About ICE Bonds
Trading and execution services are offered through ICE Bonds Securities Corporation or ICE Bonds, member FINRA, MSRB and SIPC. The information found herein, has been prepared solely for informational purposes and should not be considered investment advice, is neither an offer to sell nor a solicitation of an offer to buy any financial product(s), is intended for institutional customers only and is not intended for retail customer use.
Category: Fixed Income and Data Services
SOURCE: Intercontinental Exchange
ICE-CORP
View source version on businesswire.com: https://www.businesswire.com/news/home/20240206219198/en/
ICE Media Contact:
Damon Leavell
+1 212 323 8587
damon.leavell@ice.com
ICE Investor Relations Contact:
Katia Gonzalez
+1 678 981 3882
katia.gonzalez@ice.com
Source: Intercontinental Exchange
FAQ
What is the ticker symbol for Intercontinental Exchange, Inc.?
What does Tigress Financial Partners provide through the partnership with ICE?
How many liquidity providers and takers does the ICE TMC platform have?
What is the ICE TMC platform?
Who is the President of ICE Bonds?
