LONDON and CHICAGO,
June 24, 2021 /PRNewswire/
-- CME Group, the world's leading and most diverse derivatives
marketplace, today announced that market data and order entry
functionality for FX Link are now available on the Bloomberg
Terminal to enable market participants to electronically access
pricing, liquidity and trading for FX swaps in G5 currency
pairs.
The integration provides mutual clients with access to new FX
futures contracts through Bloomberg's ISV, Tradebook. It also
strengthens FX Link's position as a cleared and capital efficient
central limit order book for FX swaps, which leverages existing OTC
and futures workflows. Through the integration with Bloomberg, a
larger group of market participants are able to view and execute FX
Link's firm liquidity pool.
"FX Link is the tradeable spread between OTC FX spot and CME
listed FX futures and therefore represents a cleared and
capital-efficient pool of firm liquidity for FX swaps traded on our
central limit order book," said Paul
Houston, Global Head of FX Products, CME Group. "Bloomberg
customers can now seamlessly view and execute trades in FX Link and
access this diverse liquidity pool supported by existing
workflows."
"Our connection to CME FX Link enhances our data and trading
offering and enables us to provide our clients with comprehensive
trading solutions," said Brian Coffaro Global Head of Futures and
Options Trading, Bloomberg. "This integration enables us to
continue delivering cross asset solutions that provide our clients
with access to greater liquidity and price transparency in the
futures and FX markets."
FX Link delivers a differentiated liquidity pool, supported by a
diverse set of participants, including banks, non-bank liquidity
providers, hedge funds and asset managers.
For more information on CME FX Link and a detailed list of
Bloomberg security identifiers see here:
https://www.cmegroup.com/trading/fx/fx-link.html#bloomberg
As the world's leading and most diverse derivatives marketplace,
CME Group (www.cmegroup.com) enables clients to trade futures,
options, cash and OTC markets, optimize portfolios, and analyze
data – empowering market participants worldwide to efficiently
manage risk and capture opportunities. CME Group exchanges offer
the widest range of global benchmark products across all major
asset classes based on interest rates, equity
indexes, foreign exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex® platform, fixed
income trading via BrokerTec and foreign exchange trading on the
EBS platform. In addition, it operates one of the world's leading
central counterparty clearing providers, CME Clearing. With a range
of pre- and post-trade products and services underpinning the
entire lifecycle of a trade, CME Group also offers optimization and
reconciliation services through TriOptima, and trade processing
services through Traiana.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile
Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board
of Trade of the City of Chicago,
Inc. NYMEX, New York Mercantile Exchange and ClearPort are
trademarks of New York Mercantile Exchange, Inc. COMEX is a
trademark of Commodity Exchange, Inc. BrokerTec, EBS, TriOptima,
and Traiana are trademarks of BrokerTec Europe LTD, EBS Group LTD,
TriOptima AB, and Traiana, Inc., respectively. Dow Jones, Dow Jones
Industrial Average, S&P 500 and S&P are service and/or
trademarks of Dow Jones Trademark Holdings LLC, Standard &
Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as
the case may be, and have been licensed for use by Chicago
Mercantile Exchange Inc. All other trademarks are the
property of their respective owners.
CME-G
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SOURCE CME Group