Bloomberg enhances automated trading solutions
Submitted
26/05/2023 - 10:30am
Related Topics
Bloomberg has introduced a range of enhancements to its Rule Builder (RBLD) automated trading solution allowing users to create rules within the Bloomberg Terminal that automate actions on selected orders.
Bloomberg says these auto-routing rules can be easily shared, modified, enabled, or disabled across a trading desk.
Fixed income Rates activity automated through RBLD has more than doubled since 2021, with year-to-date volumes until April 2023 reaching all-time highs for active users and trading activity.
In addition, Bloomberg's analysis of trading data showed a nearly five-fold increase in round-lot activity (>$5 million), with more clients increasing the size of their orders automated using RBLD.