Bloomberg Tradebook Adds New Algo for Cross-Asset Trading Platform

Users can now trade a security relative to a set benchmark.


Bloomberg Tradebook, Bloomberg's global agency brokerage, has released a Relative Benchmark Trading algorithm for its cross-asset trading platform, Pair.

Users will be able to generate alpha, lower trading costs and manage risk because they will be able to trade a security relative to a set benchmark. The new algorithm can be used on an intraday basis, and users can track the performance of other instruments that drive the stock price via Bloomberg's data.

"In today's complex global equity markets, buy-side traders need an integrated system for order and execution management that can help them gain greater control of their trading decisions," said Michael Baradas, cross-asset product manager at Bloomberg Tradebook. "With the new Relative Benchmark Trading algorithm on the Pair platform, Bloomberg Tradebook is empowering clients with the tools needed to implement and execute the most effective alpha-generating strategies."


  • LinkedIn  
  • Save this article
  • Print this page  

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

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: