Bloomberg FX Fixings (BFIX) is set to include EBS Market’s spot FX transactions in its offering, as part of an agreement between Bloomberg Index Services Limited (BISL) and CME Group.
Colin Gallagher
By including and using FX transaction data, the offering is expected to assist clients and market participants in matching BFIX, to enhance efficiency and reduce risk.
The firm has also said that the addition of EBS Market transaction data also aligns with BFIX’s aim to provide reliability and transparency in FX fixings for global currency markets.
“The trade data from a leading primary market venue like EBS Market will complement our benchmark and strengthen the ability of banks to take on larger orders developing from the buy-side on BFIX,” said Colin Gallagher, BFIX benchmark and currency indices product manager at BISL.
Specifically, BFIX’s benchmark suite production spans over 1,300 spot currency pairs and 3,950 forward and non-deliverable forward (NDF) fixings.
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“As a regulated, anonymous all-to-all matching platform and primary market venue, the EBS Market central limit order book plays a critical role in FX markets, providing firm liquidity and no last-look pricing,” said Paul Houston, global head of FX, CME Group.
“Incorporating EBS Market data into BFIX ensures clients have the most robust and transparent indication of aggregate market prices at any given point in time.”
The new offering follows the integrated solution announced between CME Group and Integral in June 2025, which aims to provide the multi-asset technology provider’s clients with no-cost access to CME’s EBS and FX Spot+ markets directly through Integral’s trading platforms, with no additional technology required.