Bloomberg offers multi-asset class trading tool

First Published: e-Forex Magazine 24 / News / July, 2006

Bloomberg has released a new function for cross-asset-class trading, called the “Bloomberg Currency Balances Blotter” on page FXBB. As a user trades equities over the Bloomberg Equity Order Routing or Tradebook execution venues, any foreign currency exposures arising from that trading are automatically captured on FXBB for real-time monitoring and risk management.Users simply click on a balance on FXBB to trade out the FX exposure with any of the banks providing FX liquidity on Bloomberg. Alternatively, users can set FXBB to automatically trade out the FX with their panel of banks as exposures arise, based on a variety of user-determined rules. FXBB also has a FIX API for customers to upload exposures from their own Order Management or Treasury Management Systems....continued

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