Bloomberg Tradebook has completed a dedicated two-way order management link to trade order marketplace The LongView Group.
Mutual buy-side clients across the US, Europe and the Pacific Rim can now route domestic and international orders directly to Bloomberg Tradebook from the LongView 2000 order management system blotter and receive executions back in real time.
Executions are automatically posted to the LongView system, eliminating manual intervention and the possibility of trade errors.
Kim Bang, president, Bloomberg Tradebook, says: "Our connectivity with LongView brings true straight-through-processing and order management capabilities to our buy-side client's desktop."
The interface, which is based on the Financial Information Exchange (FIX) protocol, supports bang, limit, market and reserve trading order types.
Bang says: "With the advanced FIX-based connectivity between LongView and Bloomberg Tradebook, clients benefit from the efficiencies of a more automated trading desk and leverage our global electronic trading platform."