Bloomberg Integrates Magenta Line Pre-Trade Pricing into Professional Terminal

BMRK uses the Magenta Line technology acquired from Benchmark Solutions, which closed in 2013.


The tool uses real-time trade data, security master data and statistical modeling to update prices every 30 seconds, providing traders with price transparency and eliminating the need for manual credit spread adjustments in periods of market volatility or decreased volume.

"The corporate bond market can be complex and thinly traded, which can often raise concerns about liquidity," says Ben Macdonald, global head of product at Bloomberg, in a statement. "By giving more pre-trade transparency wher

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