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.
The offering follows a growing demand from clients for more flexibility in how front-office and back-office systems are integrated.
The expansion is set to help clients in the region align with Basel III requirements; the Middle East is the twelfth jurisdiction to be covered by the solution.
BMO Capital Markets and Schwab Asset Management have already executed the first trade referencing Bloomberg’s Evaluated Pricing Service (BVAL) as the closing price.
Bloomberg’s systems were down for a significant period this morning, 21 May.
The new offering is set to enhance counterparty communications and deliver quick insights for Bloomberg Anywhere users.
Through the move, users will have direct access to BNP Paribas’ equity research and streamlined integration into research workflows on Bloomberg’s terminal.
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.
Bloomberg 500 Index’s availability will pave the way for the listing of futures and options on MIAX exchanges in H2 2025.