Propellant Digital and FlexTrade Collaborate to Deliver Actionable Pre-Trade Insights to T. Rowe Price’s Fixed Income Trading Teams
FlexTrade Systems (FlexTrade), a global leader in multi-asset execution and order management systems, and Propellant Digital (Propellant), a technology provider of transparency and trading data analytics, today announced T. Rowe Price Associates, Inc. (T. Rowe) is live and in production using Propellant's extensive fixed income transparency data offering via FlexTrade's EMS, FlexFI.
Propellant Digital's technology platform assists financial institutions in extracting value from growing volumes of European and US transparency data in today's increasingly electronified bond trading environment. It is used by global and regional banks, asset managers, quant hedge funds, trading venues, regulators, and industry associations to deliver near real-time insights across trading, sales, risk, research, market intelligence, and compliance.
With this integration, T. Rowe Price's fixed-income trading teams can view a comprehensive dataset, utilizing Propellant's analytics, within the FlexFI Order Blotter. This includes pre-trade data such as real-time market activity, historical trade prices, and aggregated trade volumes. Furthermore, T. Rowe Price's teams will benefit directly from increased transparency enabled by the EU and UK transparency improvement coming into effect in 2025. By delivering Propellant’s insights alongside other internal and external data sources within a single interface, users can enhance trading strategies, streamline workflows, and make more informed decisions without leaving the context of their fixed-income trading blotter.
Vincent Grandjean, CEO at Propellant Digital, noted: "We're delighted to work with FlexTrade to deliver Propellant's innovative technology solution to T. Rowe Price Associates, Inc. and its global fixed-income team. The extensive and sophisticated nature of our analytics technology is unlike any other offering in the market. Consequently, we are seeing rapid uptake from the industry regarding adoption and deployment. The insights that T. Rowe will leverage via Propellant deliver value to multiple business areas, putting its trading team in a position to optimize its truly data-driven approach to bond trading."
Matt Murphy,Fixed Income Electronic Trading and Market Structure Specialist at T. Rowe Price Associates, Inc., stated: "We're pleased to be in production with Propellant Digital, which will arm our trading teams with an extensive source of pre-trade data. One of the drivers for using FlexTrade's FlexFI as our fixed-income EMS is ensuringthat our bond trading teams can bring in new sources of pre-trade data into the order blotter to provide the aggregated view they need to navigate a constantly changing market landscape. Our deployment of Propellant's new analytics offering illustrates this, and we look forward to working with them as their offering further evolves."
Andy Mahoney, Managing Director, EMEA at FlexTrade:"The ability to aggregate multiple sources of market, pricing, and trading data into a single view is one of the key drivers for adopting a fixed-income EMS. With sources of pre-and post-trade data ever-increasing in richness, volume, and complexity, it's now becoming paramount that bond trading desks adopt a fixed-income EMS rather than managing this data manually. By doing so, innovative offerings like Propellant can be quickly incorporated via API into workflow and decision-making. Moving forward, the technological capability of firms to handle data effectively in fixed income will create a clear delineation between those in the market with a fixed-income EMS and those without."
About FlexTrade Systems
FlexTrade Systems is a provider of customized multi-asset execution and order management trading solutions for buy- and sell-side financial institutions. Through deep client partnerships with some of the world's largest, most complex and demanding capital markets firms, we develop flexible tools, technology and innovation that deliver our clients a competitive edge. Our globally distributed engineering teams focus on adaptable technology and open architecture to develop highly sophisticated trading solutions that can automate and scale with your business strategies.
About Propellant Digital
Propellant Digital is an award-winning technology company specializing in Fixed Income data analytics. Our founders are trusted specialists in transparency and trading data, and passionate about making bond, swap, and ETF markets more transparent.
Financial institutions face challenges in extracting value from growing volumes of European and US transparency data, and Propellant delivers practical, responsive technology that transforms this data into actionable insights. We help global and regional banks, asset managers, quant hedge funds, trading venues, regulators, and industry associations to analyze transparency and trading data in near real-time. Our unique analytics cloud platform leverages the most extensive Fixed Income dataset, providing users the insights they need to improve trading strategies, streamline workflows, and make informed trading decisions.
For more information on Propellant Digital, visit https://propellant.digital/ or contact sales@propellant.digital
View source version on businesswire.com: https://www.businesswire.com/news/home/20241002461974/en/
Contacts
Iain Smith
Iain.Smith@flextrade.com
o: +44 20 3757 9311
(c) 2024 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
IonQ och QuantumBasel förlänger sitt långsiktiga samarbete till nästa generations kvantsystem20.12.2025 21:32:00 CET | Pressmeddelande
IonQ (NYSE: IONQ), världens ledande kvantdatorföretag, tillkännagav i dag ett utökat samarbetsavtal med QuantumBasel, kvantinitiativet vid uptownBasel, Schweiz internationella innovationscampus. Genom det utökade avtalet beviljas QuantumBasel äganderätten till det befintliga IonQ Forte Enterprise-systemet och blir ägare av ett nästa generationens Tempo-system. Det nya avtalet ökar det totala värdet av samarbetet mellan QuantumBasel och IonQ till över 60 miljoner USD samtidigt som IonQ:s roll i Schweiz därigenom förlängs i ytterligare fyra år, t.o.m. 2029. QuantumBasel är IonQ:s officiella innovationscenter i Europa och fungerar som ett nav för europeiska industrier, universitet och forskningsinstitut som vill utforska praktiska kvantdatortillämpningar och få tillgång till IonQ:s senaste storföretagssystem. ”Vårt förlängda samarbete med QuantumBasel utgör en hörnsten i IonQ:s globala strategi”, säger Niccolo de Masi, styrelseordförande och CEO på IonQ. ”QuantumBasel fortsätter att vara
EIG Acquires a 49.87% Stake in Transportadora de Gas del Perú (TgP)19.12.2025 18:42:00 CET | Press Release
EIG, through its managed investment vehicles, acquired a 49.87% equity stake in Transportadora de Gas del Perú S.A. (“TgP”) from Canada Pension Plan Investment Board today. TgP operates Peru’s principal natural gas and natural gas liquids pipelines under a long-term concession, supplying approximately 40% of the country’s power generation. “We are delighted to complete this transaction and embark on the next chapter of our partnership with TgP,” said Matt Hartman, EIG’s Global Head of Infrastructure. “Our priority is to support TgP’s operational excellence and long-term stability, delivering value for customers and stakeholders throughout Peru.” About EIG EIG is a leading institutional investor in the global energy and infrastructure sectors with $24.3 billion assets under management as of September 30, 2025. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 43-year history, EIG has committed over $51.7 billion to the energ
Klarna Partners With Coinbase to Add Stablecoin to Funding Mix19.12.2025 18:00:00 CET | Press Release
Klarna, the global digital bank and flexible payments provider, has partnered with Coinbase to add stablecoin funding to its broad range of traditional sources of funding, which include consumer deposits, long-term loans and short-dated commercial paper. The digital bank plans to raise short-term funding from institutional investors denominated in USDC utilizing Coinbase’s digitally native infrastructure. Adding a USDC-denominated funding source enables Klarna to access USD-like funding directly, tapping into a new pool of institutional investors. “This is an exciting first step into a new way to raise funding,” said Niclas Neglén, Chief Financial Officer, Klarna, “Stablecoin connects us to an entirely new class of institutional investors, and gives us the potential to diversify our funding sources in ways that simply weren't possible a few years ago. This is just the beginning of how digital assets can work alongside our traditional funding sources." Klarna chose Coinbase for this ini
CyberArk Named a Leader in IDC MarketScape: Worldwide Integrated Solutions for Identity Security 202519.12.2025 17:00:00 CET | Press Release
CyberArk (NASDAQ: CYBR), the global leader in identity security, today announced that it has been recognized as a Leader in the IDC MarketScape: Worldwide Integrated Solutions for Identity Security 2025 Vendor Assessment. CyberArk extends dynamic privilege controls across all identity types with its unified platform, enabling organizations to improve efficiencies and streamline security operations. This IDC MarketScape report notes, “More change has occurred in the identity security marketplace in the past two years than in almost a decade. Vendors are entering a new phase defined by the emergence of intelligence technologies, none of which are specifically defined by any industry standards. Though different by design, the new adjacent IAM offerings are largely focused on improved vulnerability and threat management visibility and automated and predictive attack detection capabilities.” It also notes, “By addressing these evolving identity types within a unified framework, CyberArk enh
New York Liberty and Ant International’s Alipay+ Announce Multiyear Partnership Focused on Empowerment, Sustainability and Youth Development19.12.2025 14:30:00 CET | Press Release
The New York Liberty and Ant International’s Alipay+, a leading cross-border fintech services platform based in Singapore, today announced a multiyear partnership, making Alipay+ an Official Sponsor and Innovation Partner for Sustainability of the New York Liberty. Through this partnership, Alipay+ and the Liberty will jointly support community programs designed to advance community empowerment, environmental sustainability and youth development across New York City. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251219678825/en/ Peng Yang, CEO, Ant International and Clara Wu Tsai, Vice Chair, Brooklyn Sports and Entertainment; Governor, New York Liberty “Our partnership with Alipay+ goes beyond the game,” said Keia Clarke, Chief Executive Officer, New York Liberty. “Together, we are investing in the future of New York—its people, its environment, and its youth. Ant International’s commitment to community empowerment, sustai
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom