Tag: Bloomberg

Bloomberg

Bloomberg Gets Malaysia FX Nod

Following news last week that Refinitiv’s platforms had been granted permission to operate in Malaysia, Bloomberg has announced that its FXGO platform has also been granted approval from Bank Negara Malaysia under its new Framework for Electronic Trading Platforms. “Bloomberg has been a long-standing and dedicated partner for the Malaysian financial markets, and this approval […]

Angola Adopts Bloomberg FXGO

The Banco Nacional de Angola (BNA) has adopted Bloomberg’s foreign exchange electronic trading system FXGO and its electronic auction system to bring greater efficiency and transparency to Angola’s FX market. The solutions provide the BNA with real-time visibility of market activity, improving its oversight of Angola’s FX market, and enable the central bank to manage […]

TraditionData Hires Three

TraditionData has unveiled three senior hires with Jeffrey Maron, New York-based, and Jim Swanson, London-based, joining the firm as global head of product and global vendor relations manager respectively, while Nobuyuki Ikeda has been appointed as a senior business development manager based in Tokyo. Maron joins the group from IHS Markit where he was managing […]

Beatty Joins FlexTrade

Paul Beatty has joined FlexTrade as director of business development – he will be based in New York and joins from Spotex, where he was a managing director having joined the firm in January 2019 after a short spell at TP Icap. Prior to the inter-dealer broking firm, Beatty spent more than 17 years at […]

Dudley Joins Siege FX

Christopher Dudley has joined Siege FX, the institutional peer-to-peer netting service, as product manager. Previously, he was FX product manager for Bloomberg, where his responsibilities included the management of the BFIX FX benchmark. He moved to Bloomberg in 2012 following many years in banking as a senior FX derivatives trader, most latterly at Westpac in London where he […]

INTL FC Stone Joins FXGO

INTL FCStone says its London FX desk is now a liquidity provider on Bloomberg’s FX electronic trading platform, FXGO. Joining the FXGO platform enables the firm to offer added efficiencies for market participants conducting FX trading, it says. Bloomberg’s FXGO allows service providers to contribute executable pricing across a wide range of currencies via the […]

Sumitomo Electric Joins CLS Settlement

Sumitomo Electric Industries (SEI) has become the first Japanese manufacturing company to access CLS Settlement as a third-party participant. The company is settling its FX transactions via its third-party service provider, Sumitomo Mitsui Banking Corporation (SMBC), supported by Bloomberg’s FX Confirmation Matching Service (CMS) post-trade processing technology. CLS says that SEI’s participation “marks a significant […]

Algos: Next Big Thing or Already There?

From a trader using their skills and multiple channels to execute client orders to a silent world of APIs and smart order routers, the execution process has changed almost beyond recognition over the past 20 years – but, as Colin Lambert finds out, not everyone sees algos as the next big thing in FX markets. […]

Bloomberg Launches Algo Analytics Service for FXGO

Bloomberg has released a new analytics hosting service for algorithmic orders on FXGO, with Goldman Sachs being the first liquidity provider to use it. The new algorithmic order service is available on FXGO’s execution manager, a Bloomberg Launchpad function that allows clients to manage their incoming orders and subsequently route them to liquidity providers. The […]

FX and the Big Bang Theory

As electronic trading went mainstream, it created an explosion of growth in the market. But has this growth run out of steam? Galen Stops takes a look. The Big Bang Theory – in addition to being a popular American sitcom – is a well-known scientific thesis that posits the universe started with a small singularity […]