About BFIXThe Bloomberg BFIX rates are FX reference rates intended to represent FX market prices around specific publication times. BFIX rates are generated independently and objectively, every 30 minutes on the hour and half-hour (liquidity permitting). The BFIX rates are created by taking a short-term Time-Weighted Average Price (TWAP) of the geometric mid-rates of Bloomberg Generic (BGN) prices leading up to and following the fixing time. BFIX rates are available on the Bloomberg Professional Service on BFIX.
About BGNBGN is a pricing algorithm that produces highly accurate bid and ask FX quotes in real-time. BGN quotes are designed to represent market-consensus executable prices and are derived from hundreds of quote providers, including top tier money-center and regional banks, broker-dealers, and inter-dealer brokers, as well as FX electronic trading platforms.
Bloomberg FX Fixings may be delayed at least 5 minutes. Additional currency pairs and fixing times are available in real-time via the Bloomberg Professional Service. To learn more about BFIX or other foreign exchange solutions from Bloomberg L.P. please contact us