Bloomberg and HKEX enhance Swap Connect solutions to facilitate global investments for IRS market
New developments coincide with latest enhancements applicable to the Northbound Swap Connect scheme, which commence on Monday.
New developments coincide with latest enhancements applicable to the Northbound Swap Connect scheme, which commence on Monday.
Development will allow traders to execute multi-currency trades with KCx, helping provide better efficiency when navigating arbitrage strategies.
Backed by contextual metadata, the expanded solution delivers pricing across the liquidity spectrum covering USD, EUR and GBP credit markets.
New solution aims to address the specific needs of quantitative analysis and backtesting, alongside reducing challenges associated with obtainng data from various providers.
The trading venue will supply electronic platforms for Euro, US Dollar (USD) and Japanese Yen (JPY) denominated government bonds and USD and JPY interest rate swaps, as well as USD and JPY denominated Futures contracts.
The past week saw appointments across sales, research, business development and fixed income.
The TRADE sits down with Ravi Sawhney, global head of trading automation and analytics at Bloomberg, to discuss evolving buy-side priorities for transaction cost analysis (TCA), how it can lead to better execution outcomes and what’s next on the horizon for TCA.
The bank will adopt three additional modules of the solution, following the previous adoption of MARS front office to aid with its Libor transition.
The new end-to-end workflow allows sell-side participants acting as executing brokers to facilitate a trade using a single interface.
Subject to regulatory approval, the new futures contracts will be based on the Bloomberg US corporate index and the Bloomberg US high yield very liquid index.