01 March 2017
Visit dh.com

Bloomberg Tradebook launches FX marketplace

19 March 2007  |  6566 views  |  0 Bloomberg logo 2

Electronic interdealer broker Bloomberg Tradebook has launched an online foreign exchange marketplace.

The Bloomberg Tradebook FX system enables institutional traders to transact in foreign currency exchange while preserving their anonymity from other market participants. Traders will also be able to use sophisticated algorithms to implement trading strategies.

The platform currently offers a marketplace in 16 currency pairs. Bloomberg says advanced analytics, additional trading algorithms and FX forwards will be launched during the second quarter of the year.

AIG International (AIGI) will provide liquidity through the platform and credit through existing contractual and banking relationships, says Bloomberg.

Commenting on the new FX offering, Kim Bang, president, Bloomberg Tradebook, says: "Active traders can trade with AIGI or its affiliates and remain anonymous in the FX marketplace.

"In addition, users can choose to sweep the market available on Bloomberg Tradebook FX, or use different trading strategies such as reserve to seek reduced information leakage and market impact on their orders."

The Tradebook FX service is intergrated with the Bloomberg Professional desktop.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

FXMarketSpace clears regulatory hurdle; finishes first phase customer tests

FXMarketSpace clears regulatory hurdle; finishes first phase customer tests

13 February 2007  |  4818 views  |  0 comments
Bloomberg not for sale

Bloomberg not for sale

19 October 2006  |  9609 views  |  0 comments
US banks, e-trading firms to take stakes in National Stock Exchange

US banks, e-trading firms to take stakes in National Stock Exchange

16 August 2006  |  6629 views  |  0 comments
Bloomberg launches electronic interbank FX dealing platform

Bloomberg launches electronic interbank FX dealing platform

15 October 2002  |  8048 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit contisgroup.com

Top topics

Most viewed Most shared
Starling releases Open API, talks up marketplace modelStarling releases Open API, talks up marke...
8730 views comments | 19 tweets | 18 linkedin
Barclaycard strikes new wearable deals for contactless jewellery and watchesBarclaycard strikes new wearable deals for...
7961 views comments | 17 tweets | 15 linkedin
In wake of Cloudflare bug, Starling advises customers to change passwordsIn wake of Cloudflare bug, Starling advise...
7344 views comments | 7 tweets | 12 linkedin
Bank of America first to launch Zelle P2P paymentsBank of America first to launch Zelle P2P...
7181 views comments | 12 tweets | 10 linkedin
Kaspersky records uptick in financial phishing and banking malwareKaspersky records uptick in financial phis...
6793 views comments | 6 tweets | 8 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job