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With Moment’s modern platform, LPL can now process 100k+ line-item orders in seconds and route trades automatically based on rules-based logic
Moment, a leading provider of fixed income trading and portfolio technology, has entered a strategic relationship with LPL Financial—one of the largest and fastest-growing independent broker-dealer in the U.S., supporting over 29,000 advisors. Through this collaboration, LPL is adopting Moment’s unified Order and Execution Management System (OEMS) to modernize its fixed income trading operations, driving greater scale, efficiency, and execution quality.
With Moment’s modern platform, LPL can now process 100k+ line-item orders in seconds, route trades automatically based on rules-based logic, and book post-trade allocations in a single workflow. This has driven efficiency, and meaningfully improved advisor execution and visibility.
“We spent a lot of time and resources segregating accounts and processing large trade batches. A spreadsheet with 68,000 line items recently took us two full days to book. With Moment, that now takes minutes,” said Scott Karmazin, VP of Fixed Income Sales & Trading at LPL. “Moment gives us the infrastructure to scale without sacrificing quality.”
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“Our relationship with LPL represents a breakthrough in fixed income technology,” said Dylan Parker, CEO of Moment. “By centralizing trading workflows in a single interface, we’re setting a new standard for how fixed income is traded. We’re proud to bring material efficiency gains to their traders which not only creates a better experience for their trade desk, but ultimately delivers better execution for their advisors.”
“Moment’s platform is helping us reimagine what’s possible in fixed income,” said Mike Haire, Senior Vice President of Fixed Income at LPL. “In my 25+ years of experience leading large fixed income teams, Moment is the innovative solution we’ve been waiting for and the only player in the market offering a single, unified fixed income platform for wealth management firms. Their technology enables our team to be 10x more efficient with their time while delivering enhanced execution for our advisors.”
Moment now works with clients with over $3.5T in assets under management and this relationship with LPL reflects Moment’s continued momentum as the go-to partner for scalable, intelligent fixed income solutions.
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