Bloomberg Wins Best Buy-Side FX Trading Platform for a Consecutive Year at FX Markets Asia Awards

Singapore – Bloomberg celebrates its win for the Best Buy-Side FX Trading Platform at FX Markets Asia Awards for a second consecutive year. Now in its seventh edition, the FX Markets Asia Awards recognize and showcase the best banks, dealers, brokers and currency managers in the Asia-Pacific region, who have developed unique and innovative ways to respond to industry needs amidst a volatile economic landscape.

Bloomberg’s FXGO is a premier multi-bank FX trading platform providing access to deep liquidity through real-time pricing, powerful workflow solutions and sophisticated analytics for price takers across the globe to negotiate FX transactions with their bank relationships. FXGO provides streaming or RFQ for spot, outrights, swaps, NDFs, deposits and options in any currency pair and tenor, along with access to algorithmic order solutions offered by more than 30 top providers. FXGO also integrates with multiple third-party order management, treasury management and accounting systems and facilitates straight-through processing (STP) in a variety of flexible formats, creating a seamless and efficient investment workflow. The global FX trading solution offers unparalleled depth of liquidity across all instruments and tenors via API from more than 170 banks, and direct manual client-to-dealer pricing from more than 800 regional banks in more than 140 countries.

The growth of algorithmic trading has given rise to more sophisticated trading strategies. To support, Bloomberg’s Algo Analytics enables liquidity providers to host their pre-trade, running, and post-trade order analytics in tandem with FXGO, allowing clients to select the appropriate strategy and liquidity pool at the initiation of their order route and subsequent execution. In recognizing the challenge of geographic latency particularly for our APAC liquidity providers and consumers, Bloomberg recently deployed a proximity hosting solution to improve the transparency, speed and success of negotiating/trading for our clients in the Asia Pacific region. Bloomberg is committed to enhancing its FX offering to meet client needs and is focused on extending solutions for portfolio trading such as for benchmark orders and evolving capabilities to manage low-touch orders through rule-based trading and automation.

“We are extremely encouraged by the growth we are seeing throughout Asian FX markets and recognize that dynamic markets require partners that offer innovative, flexible and reliable solutions,” said Tod Van Name, Global Head of FX Electronic Trading at Bloomberg. “Through FXGO, Bloomberg remains committed to providing buy-side firms an extensive range of liquidity, execution methods, and sophisticated workflows.”

For more information about our FX trading solutions, please visit
https://www.bloomberg.com/professional/product/fx-electronic-trading.

Bloomberg Electronic Trading Solutions (ETS) are used by leading financial institutions to trade efficiently in over 175 markets around the world. More than 9000 client firms use Bloomberg ETS to access industry-leading depth and breadth of liquidity across asset classes from over 800 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.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration.

For more information, visit bloomberg.com/company or request a demo.

Media Contacts

Mandy Wu, +65 9621 9960, mwu462@bloomberg.net

# # #