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Bloomberg’s Contribution to Global FX Market Recognized by Euromoney

May 19, 2014

One of the things we pride ourselves on is our ability to help our clients negotiate the increasing regulatory pressures they are facing by bringing greater transparency to the markets they are in and providing insight they can’t find elsewhere. Arguably, few asset classes have been under such intense regulatory scrutiny in recent months as the FX market.

That’s why we are always very pleased when we receive acknowledgement of our efforts from the industry. Last week for instance, we were named by Euromoney, a leading global financial markets magazine, as winner in four categories for multi-bank and independent platforms at its annual foreign exchange survey, including “Best Risk Management & Compliance”, “Best Reporting & Analytics”, “Best Regulatory Support”, and “Best Product Coverage”.

Launched in 1976, Euromoney’s foreign exchange survey is one of the global FX industry’s leading benchmarks. A large proportion of the FX industry is consulted annually to identify the industry’s leading players. All of the results are based on votes from market participants to provide an indication of market share and performance of the banks, as well as individual trading platforms such as Bloomberg.

Bloomberg’s Paul Tivnann, Global Head of FX and Commodities Electronic Trading, says “At a time of heightened regulatory and compliance scrutiny, coupled with risk management requirements across broad product sets, our clients have looked to us to provide streamlined, integrated solutions to help navigate regulatory and market headwinds. We feel that winning these awards demonstrates and underlines our ability to help our customers cope with the many challenges they face. Our continued success in the analytics category further highlights the quality and breadth of our market coverage.”

The Bloomberg Professional service is a financial information platform used by more than 320,000 business and financial professionals globally. Our FX clients, which include global buy and sell-side investment firms, corporations, commercial and central banks, government agencies and sovereign wealth funds, have access to a range of services. These include our leading analytics tools; FXGO, our multi-bank trading platform; IB Dealing, our chat-based FX trading tool; and First Word FX, an FX specialty news service produced by a global team of former-traders and experienced FX reporters.

Clive Horwood, Euromoney Editor, and The Bloomberg Team, along with former athletes Ray Stubbs and Mark Lawrenson.

Clive Horwood, Euromoney Editor, and The Bloomberg Team, along with former athletes Ray Stubbs and Mark Lawrenson.