{"id":32561,"date":"2023-08-15T08:00:53","date_gmt":"2023-08-15T12:00:53","guid":{"rendered":"https:\/\/www.bloomberg.com\/company\/press\/bloombergs-fxgo-expands-pricing-quality-analytics\/"},"modified":"2023-08-15T11:28:01","modified_gmt":"2023-08-15T15:28:01","slug":"bloombergs-fxgo-expands-pricing-quality-analytics","status":"publish","type":"press","link":"https:\/\/www.bloomberg.com\/company\/press\/bloombergs-fxgo-expands-pricing-quality-analytics\/","title":{"rendered":"Bloomberg\u2019s FXGO Expands Pricing Quality Analytics"},"content":{"rendered":"<div class='bbg-row bbg-bg--white ' data-anchor='row-6a03518cea6ba'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\">\n\t\t\n\t\t\t<div class='bbg-column'>\n\t<div class='bb-wysiwyg'>\n    \n    <p>Bloomberg today announced the addition of a new suite of FX Pricing Quality tools, available to FXGO clients through Bloomberg\u2019s multi-asset reporting tool for electronic trading (MISX). \u00a0Users can now quickly analyze and dissect pricing quality and performance for any RFQ pricing requests, including batch trades, sent over<a href=\"https:\/\/www.bloomberg.com\/professional\/product\/fx-electronic-trading\/\"> FXGO<\/a>, Bloomberg\u2019s premier multi-bank FX trading solution.<\/p>\n<p>Price makers can now utilize MISX Pricing Quality Analytics to more quickly identify where opportunities to price are being missed and why, such as due to internal counterparty setup, enablement issues, or internal credit rejects.\u00a0 By identifying instruments and currency pairs where they are missing flow because of pricing quality issues, price makers can better understand how and where to improve their setup and pricing quality to win more business over FXGO.<\/p>\n<p>\u201cThe additional information, especially the &#8220;Best Alternative&#8221; data, has enabled us to identify areas where we can further improve the pricing quality for our clients. The productivity efficiency we gain with this new feature is an important added value,\u201d said Guillaume Carreno, Global Head of Electronic Client Connectivity, Cr\u00e9dit Agricole CIB.<\/p>\n<p>Price takers can use MISX Pricing Quality Analytics to investigate how often a counterparty priced and won the trade, were runner up with the \u201cBest Alternative\u201d price or placed somewhere in the pack. Price takers can also measure how often a counterparty declined to price, failed to pick up the request, or rejected a request to deal.\u00a0 These tools help to build a more complete picture as to where counterparty pricing quality is consistently superior as well as where and with whom pricing quality needs to improve.<\/p>\n<p>\u201cTransparency and the availability of real-time information is a vital part of successful trading operations for our clients, and we are always working to enhance FXGO capabilities to meet this need,\u201d said Tod Van Name, Global Head of Foreign Exchange Electronic Trading at Bloomberg. \u201cThese new Pricing Quality Analytics in MISX provide both buy and sell-side market participants with unparalleled breadth and depth of analysis and output, that can help them make more informed trading decisions and achieve better outcomes.\u201d<\/p>\n<p>Bloomberg\u2019s 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.<\/p>\n<p>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 700 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\u2019s high-quality, multi-asset class data and tools.<\/p>\n<p><strong>About Bloomberg<\/strong><br \/>\nBloomberg 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\u00a0<a href=\"https:\/\/www.bloomberg.com\/company\">Bloomberg.com\/company<\/a>\u00a0or request a\u00a0<a href=\"https:\/\/www.bloomberg.com\/professional\/request-demo\/?utm_source=bbg-pr&amp;bbgsum=dg-ws-core-pr\">demo<\/a>.<\/p>\n<p><strong>Bloomberg media contacts<br \/>\n<\/strong>Casey Sheets, <a href=\"mailto:csheets8@bloomberg.net\">csheets8@bloomberg.net<\/a>, +1 212 617 6463<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"Bloomberg today announced the addition of a new suite of FX Pricing Quality tools, available to FXGO clients through Bloomberg\u2019s multi-asset reporting tool for electronic trading (MISX). \u00a0Users can now quickly analyze and dissect pricing quality and performance for any RFQ pricing requests, including batch trades, sent over FXGO, Bloomberg\u2019s premier multi-bank FX trading solution. [...]","protected":false},"featured_media":27737,"template":"","format":"standard","categories":[1469,86,17],"press_tag":[2077,110,643,79],"class_list":["post-32561","press","type-press","status-publish","format-standard","has-post-thumbnail","hentry","category-announcements","category-bloomberg-professional-services","category-press-announcement","press_tag-bloomberg-ets","press_tag-bloomberg-professional-service","press_tag-fxgo","press_tag-press-announcements"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bloomberg\u2019s FXGO Expands Pricing Quality Analytics | Press | Bloomberg LP<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bloomberg.com\/company\/press\/bloombergs-fxgo-expands-pricing-quality-analytics\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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