Bloomberg scored electronic trading platform contracts by ECB


Bloomberg today announced that it has been awarded three framework agreements (the ‘contracts') in relation to the provision of Electronic Trading Platforms (‘ETP') to the European Central Bank (‘ECB') and other Eurosystem National Central Banks (NCBs').

The contracts cover the provision of ETPs for trading in Euro, U.S. Dollar (USD) and Japanese Yen (JPY) denominated government bonds and USD and JPY IRS, as well as USD and JPY denominated Futures contracts.

“We are pleased to have been awarded these contracts,” said Nicholas Bean, Global Head of Electronic Trading Solutions at Bloomberg. “We are committed to providing the ECB and NCBs with access to our deep pools of liquidity, innovative trade execution protocols and robust trading infrastructure.”

Any trades will take place on BTFE, Bloomberg’s Netherlands based MTF, and futures trading will be supported by Bloomberg Tradebook ISV and EMSX, Bloomberg’s multi-asset execution management system.

Bloomberg Electronic Trading Solutions (ETS) are used by leading financial institutions to trade efficiently in over 175 markets around the world. More than 9,000 client firms use Bloomberg ETS to access comprehensive depth and breadth of liquidity across asset classes from over 700 dealers globally. Bloomberg ETS provides market participants with comprehensive solutions across the trading lifecycle, including robust price transparency, analytics, automation and execution, powered by Bloomberg’s high-quality, multi-asset class data and tools.


By on Wed, 03 Apr 2024 15:54:00 GMT
Original link