Bloomberg Wins Best Buyside FX Trading Platform at FX Markets Asia Awards

Singapore – April 18, 2023 – Bloomberg is pleased to have won Best Buyside FX Trading Platform at FX Markets Asia Awards 2023. This leading regional FX award recognizes firms committed to delivering products and solutions that respond to the unique challenges of Asia-based clients.

Bloomberg’s Foreign Exchange Electronic Trading Platform (FXGO) is an industry leading solution for controlling currency exposure, identifying market opportunities, and is used by the world’s leading asset managers, pension funds, corporate treasuries, government agencies and regional and global banks. Our FX trading solutions possess the extensive depth and breadth of Bloomberg’s liquidity pool, providing the buy-side with extensive liquidity across all instruments and tenors from more than 800 global and regional banks across more than 140 countries. 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 an investment workflow that is more seamless and efficient.

To further enhance our FX offering, Bloomberg recently deployed a regional hosting solution in Singapore, allowing APAC liquidity consumers to connect with local FX liquidity providers, vastly improving the speed and efficiency of trading in this region. Our algo trading solutions are fueled by more than 35 major liquidity providers supporting a continuous stream of innovative strategies, with many hosting their pre-trade, running, and post-trade order analytics visually displayed in tandem with FXGO. Many now provide Non-Deliverable Forward (NDF) algos. In markets that are becoming increasingly regulated, we continue to provide uninterrupted access, most recently by introducing regulated FX Electronic Trading Platforms (ETPs) in India and Indonesia.

“FX markets are dynamic and require continuous innovation,” said Tod Van Name, Global Head FX Trading at Bloomberg. “Bloomberg’s FXGO provides buy-side clients in the Asia Pacific region with robust, efficient, and forward-thinking solutions powered by an extensive range of liquidity, execution methods and sophisticated workflows. We are constantly evolving to meet client needs and remain committed to expanding our capabilities to manage everything from rule-based solutions, Direct Order Routing to order slicing.”
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 

Robert Koh, +852 2977 6000, rkoh22@bloomberg.net

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