Bloomberg Tradebook Services has launched its new electronic foreign exchange trading platform on the Bloomberg Professional service. The new Bloomberg Tradebook foreign exchange (FX) platform uses Bank of America as clearing and settlement counterparty. The Bloomberg Tradebook FX service provides a marketplace for spot dealing in more than 40 currencies and enables clients to roll their trades in 28 currencies electronically. The platform offers advanced trading strategies including event-driven orders and sweeping, time-queued and stop loss orders. The platform aggregates liquidity from a diverse set of providers and Bloomberg Tradebook participants, creating a deep natural liquidity pool for institutional investors. It also aggregates all partial executions within an order into one single trade ticket with one average price for settlement, with the client’s choice of credit counterparty.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.