Bloomberg has enabled foreign exchange (FX) options trading on its multi-bank trading platform, FXGO.
Through the request-for-quote (RFQ) system, market participants will be able to request and consolidate pricing from multiple providers for currency options.
"Regulation is accelerating changes in the FX marketplace and clients want ready-made, sophisticated features to help them meet the latest requirements," says Tod Van Name, Bloomberg's global head of foreign exchange, economics and commodities. "We make it a priority to provide our clients transparency, deep liquidity and trading efficiencies in today's increasingly complex marketplace."
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