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.
The offering marks an agreement between Bloomberg Index Services Limited and CME Group and is expected to provide access to reliable and transparent FX fixings.
Sentiment change has been spurred by clarifications from the FCA which address previous barriers to the shift, says a report by Substantive Research.
Aquis Exchange, Bloomberg, Cboe, Euronext, London Stock Exchange Group (LSEG), Nasdaq and Tradeweb are among those included in the published list.
The group, co-ordinated by Ediphy, consists of Google Cloud, UBS, TP ICAP, Cboe Global Markets, FactSet, and Norges Bank Investment Management.
The firm has said the move was driven by a need for greater access to liquidity and transparency in the changing European market structure.
Currently, the committee is made up of 11 members, including representatives from BlackRock, Deutsche Börse, Norges Bank, BNP Paribas, Bloomberg, and others.
Survey of over 900 buy-side organisations shows back-office data being used for front-office commercial priorities, while a surprisingly small percentage see GenAI adding value to the back-office both now and in the future.
A lack of necessary financial support was cited as the main reason for the withdrawal.
The offering is aimed at trading desks and compliance teams and is expected to address challenges of manual data wrangling while reducing time and cost burdens.