Bloomberg builds out leveraged loan indices to European and global markets
The firm has said that the offering will address growing demand from investors in both the European and global markets for greater insight into the syndicated loan market.
The firm has said that the offering will address growing demand from investors in both the European and global markets for greater insight into the syndicated loan market.
Individual joins from BNP Paribas CIB and has held trader positions at Jefferies, MUFG and FXCM.
The group, co-ordinated by Ediphy, consists of Google Cloud, UBS, TP ICAP, Cboe Global Markets, FactSet, and Norges Bank Investment Management.
New offering is the first development ahead of future corporate treasurer workflow integration; launch follows Tradeweb’s acquisition of ICD in 2024.
The platform facilitates the exchange of active futures block orders.
International investors are set to be able to trade Indian government bonds (IGB) electronically.
BMO Capital Markets and Schwab Asset Management have already executed the first trade referencing Bloomberg’s Evaluated Pricing Service (BVAL) as the closing price.
The growth reflects increasing buy-side demand for all-to-all trading, particularly driven by the corporate bond market, according to the latest Coalition Greenwich report.
The move expands IBVAL’s coverage by approximately 6,000 bonds and will see pricing coverage increase to 22 hours a day, five days a week for the most actively traded securities.
The new offering is set to eliminate challenges of inconsistencies and errors facing clients using fixed income data.