Charles River Development, a State Street company, has partnered with LedgerEdge to provide investment managers with access to corporate bond liquidity from the LedgerEdge ecosystem through the Charles River inventory hub and order and execution management system (OEMS). LedgerEdge uses DLT to modernise institutional-grade trading services and protocols. Charles River’s inventory hub delivers an aggregated, venue- and dealer-agnostic view of liquidity that helps firms reduce execution costs and facilitate price discovery. Traders can view inventory in the OEMS, receive updated indications of interest and quotes, and place orders. LedgerEdge was founded in 2020 by a team of financial market and technology professionals to address the challenges of discovering liquidity and executing trades without harmful data leakage in the corporate bond market.
