New post-trade tools from BLOOMBERG TRADEBOOK
BLOOMBERG TRADEBOOK has added a host of post-trading tools to enhance trader workflow over the TRADEBOOK FX platform in 2008.
First Published by e-Forex News: October, 2008
BLOOMBERG TRADEBOOK has added a host of post-trading tools to enhance trader workflow over the TRADEBOOK FX platform in 2008. In the third quarter, BLOOMBERG TRADEBOOK introduced an advanced post-trade allocation tool. Buys and sells in over 40 FX currency pairs can be netted with a real-time P/L. Additionally, traders can block the trades executed in Tradebook’s anonymous FX marketplace together and allocate trades either by percentage or custom notional breakdown based on a net average rate.
Allocation information can be seamlessly communicated across multiple sub-accounts and/or Prime Brokers. While the TRADEBOOK FX system already offers one ticket with an average rate per order, post-trade allocation applications provide traders with additional workflow flexibility by confirming one rate across multiple orders/executions.