Tradebook Resumes FX Trading

Bloomberg now plans to give its clients a choice of prime brokers on the FX trading platform, according to Kim Bang, president of Bloomberg Tradebook. "We're going to enable and partner with other prime brokers besides Bank of America," he adds. Bang declines to identify the potential partners, but expects to name two new relationships by yearend and more throughout 2009. "This is going to be driven by client request," he adds.

Bloomberg's focus for the rest of the year will be on onboarding

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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.

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