The trading venue will supply electronic platforms for Euro, US Dollar (USD) and Japanese Yen (JPY) denominated government bonds and USD and JPY interest rate swaps, as well as USD and JPY denominated Futures contracts.
The past week saw appointments across sales, research, business development and fixed income.
The TRADE sits down with Ravi Sawhney, global head of trading automation and analytics at Bloomberg, to discuss evolving buy-side priorities for transaction cost analysis (TCA), how it can lead to better execution outcomes and what’s next on the horizon for TCA.
The bank will adopt three additional modules of the solution, following the previous adoption of MARS front office to aid with its Libor transition.
The new end-to-end workflow allows sell-side participants acting as executing brokers to facilitate a trade using a single interface.
Subject to regulatory approval, the new futures contracts will be based on the Bloomberg US corporate index and the Bloomberg US high yield very liquid index.
The past week saw appointments across credit electronic trading, quantitative trading and equities.
The solution is aimed at interbank trading in local foreign exchange market, specifically spot matching for US dollar against the Kenyan shilling.
Incoming individual has previously held senior positions at: BGC Partners, CME Group, Newedge, and TP ICAP.
Participants across Tradeweb, Bloomberg and VoxSmart anticipate front-to-back technology advancements will be a key shift in 2024, diving into demand for support of the buy-side’s entire investment book and changes in trading protocols.