Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Bloomberg Takes Stake in Bids Dark Pool Operator, Joins Brokers

Bloomberg LP, the parent of Bloomberg News, bought a stake in Bids Trading LP, the operator of a dark pool owned by more than a dozen financial firms. The price wasn’t disclosed.

Bids, formed in 2006 by a half-dozen brokers including Citigroup Inc., Goldman Sachs Group Inc., Morgan Stanley and UBS AG, runs a private venue geared toward executing block trades away from exchanges. It created a joint venture with NYSE Euronext in 2008 to enable orders sent to their respective firms to trade with one another.

Bloomberg LP’s new Bloomberg Pool, or BPool, service will allow traders to execute against buy and sell requests on the company’s equities platforms or in the Bids dark pool, with orders occurring through Bids, the company said today in a statement. Mutual funds and institutional investors can trade on the system through the broker they choose, Bloomberg LP said.

Raymond Tierney, president and chief executive officer of Bloomberg Tradebook, an agency broker owned by New York-based Bloomberg LP, will join the Bids board, the announcement said. Jim White is global head of operations for BPool.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.