Bloomberg Pilots Research in RIXML


Bloomberg is several months into a pilot to provide RIXML-tagged broker research to customers, sources tell Inside Market Data.

Bloomberg officials confirm the project but decline to provide details. However, sources say the pilot phase has been underway since at least the fourth quarter of last year--and possibly for as long as six months.

A source at Bloomberg says an unspecified number of dealers are already using the RIXML protocol to contribute their research to Bloomberg, and that the v

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