Northern Trust has launched its fixed income outsourced trading capabilities in Asia-Pacific. Provided through Northern Trust Securities in Australia, the expanded product offering targets fixed income trading in the APAC time zones and bond universe.

With the expansion, Northern Trust now offers 24/6 fixed income trading coverage with desks based in Chicago, London and Sydney. The firm’s integrated trading solutions (ITS) provide clients with access to a global, multi-source liquidity network of more than 160 fixed income counterparties, ranging from bulge bracket to local specialists.

“We are excited to bring our outsourced trading capabilities to the APAC fixed income market, to meet the strategic needs of asset owners and managers serving investors in the region,” says Rob Arnott, head of brokerage, APAC, at Northern Trust. “Our advanced trading technology, local market knowledge, and experienced traders help reduce inefficiencies in the inherently complex and time-intensive fixed income market, allowing our clients to benefit from more seamless fixed income trading.

“With streamlined operations and trade flow, transaction cost analysis reporting and deep pools of liquidity, clients can have enhanced access to global fixed income securities.”

Northern Trust says its outsourced trading capability combines worldwide agency-only trading expertise in equities, fixed income and exchange-traded derivatives across global markets, coverage from multiple trading locations, access to high-quality liquidity, and fully integrated middle- and back-office services.

The ITS offering aims to help asset owners and asset managers lower costs, reduce risk, manage regulatory compliance, and enhance transparency and operational efficiency.