Agency brokerage Bloomberg Tradebook has launched Tradebook Order API, which it claims will allow users to customise the way their orders are sent to smart order routers.
Tradebook Order API enables clients to build proprietary spreadsheet models – using code written with programs such as Java, Visual Basic and Excel – and integrate them into the agency brokerage’s trading capabilities for 60 stock, option, futures and FX markets worldwide, including its trade order routing capability.
The tool can be used with Bloomberg Tradebook blotters, market depth trading screens, Tradebook’s electronic sales trader buddy, Tradebook analytics and other Bloomberg terminal functionality.
“The new Order API enables clients to ‘trade their idea,” said Brian Coffaro, manager of derivatives development, Bloomberg Tradebook, in a statement. “The customised tool brings more efficiency to the trading process regardless of where the strategy is formulated.”