Tod Van Name

Bloomberg’s FXGO expands pricing quality analytics

September 2023 in News Headlines

Bloomberg has announced the addition of a new suite of FX Pricing Quality tools, available to FXGO clients through Bloomberg’s multi-asset reporting tool for electronic trading (MISX). Users can now quickly analyze and dissect pricing quality and performance for any RFQ pricing requests, including batch trades, sent over FXGO, Bloomberg’s premier multi-bank FX trading solution.

Price makers can now utilize MISX Pricing Quality Analytics to more quickly identify where opportunities to price are being missed and why, such as due to internal counterparty setup, enablement issues, or internal credit rejects.  By identifying instruments and currency pairs where they are missing flow because of pricing quality issues, price makers can better understand how and where to improve their setup and pricing quality to win more business over FXGO. “Transparency and the availability of real-time information is a vital part of successful trading operations for our clients, and we are always working to enhance FXGO capabilities to meet this need,” said Tod Van Name, Global Head of Foreign Exchange Electronic Trading at Bloomberg. “These new Pricing Quality Analytics in MISX provide both buy and sell-side market participants with unparalleled breadth and depth of analysis and output, that can help them make more informed trading decisions and achieve better outcomes.”