Bloomberg Multilateral Trading Facility Launches Following FCA Approval

Bloomberg Trading Facility receives UK Financial Conduct Authority to trade interest rate swaps and credit default swaps.

City of London
Bllomberg's MTF is based in London.

The platform will utilize existing Bloomberg technologies for interest rate and credit default swaps, as well as request for quote and order book functionalities, before Mifid II obligations on trading for certain derivatives come into force in 2017.

"Bloomberg's MTF trading platform is a key addition to the portfolio of services we are providing our clients to enable them to meet their regulatory obligations, and will provide for a seamless transition into the MiFID II regulatory environment," says Jean-Paul Zammitt, CEO, BTF and global head of financial products services division, Bloomberg.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here