These movements show Microsoft’s tech giant standing is well-deserved. Its rival Apple Inc (AAPL) holds a market cap of just over $3tn and became the first company to achieve this. Microsoft is one of the so-called Magnificent 7 tech outfits that boosted over half of market gains last year. These companies –Microsoft, Apple, Meta Platforms…
Read more
Neil Ryan commented: The time has come to provide the European fixed income markets with a consolidated tape that is led by an initiative with deep experience in low-latency data processing, cleansing, consolidation and publishing within a regulated framework. Our motivation is to improve transparency and spur electronification in the fixed income space. Our end…
Read more
Osman Nawaz, Chief of the Division of Enforcement’s Complex Financial Instruments Unit, said: Bloomberg has assumed a critical role as a pricing service to participants in the fixed-income markets and it is incumbent on Bloomberg, as well as on other pricing services, to provide accurate information to their customers about their valuation processes. This matter…
Read more
Paul Houston, Global Head of FX Products, CME Group, commented: 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. Bloomberg customers can now seamlessly view and execute trades…
Read moreINTL FCStone Inc announced today that its London-based subsidiary, INTL FCStone Ltd’s Foreign Exchange desk has joined Bloomberg’s electronic trading platform, FXGO, as a liquidity provider. The affiliation allows INTL FCStone Ltd to offer market participants added efficiencies for FX trading. Bloomberg’s FXGO enables service providers to contribute executable pricing across a wide arsenal of…
Read more
The data intelligence company Thasos announced earlier this week that has added Chris Metaxas to its team as Chief Revenue Officer. Prior to Thasos, Metaxas worked in Digital Recognition Network (DRN), a location data and analytics company, where he was a Chief Executive Officer for nearly 7 years. At DRN, he grew revenues, created new…
Read more
A persistent problem that all crypto related companies face not only in the U.S. market, but also in many other global jurisdictions, is the inability to obtain even the most basic of banking services from domestic banking institutions. Bloomberg starts by quoting a complaint from Sam Bankman-Fried, CEO of quantitative crypto trading company Alameda Research:…
Read more
New alternative datasets are available as of today through Bloomberg Enterprise Access Point's data website, Bloomberg just informed. This step allows Data License clients to easily access and incorporate new, non-traditional forms of high-quality data from Bloomberg and alternative data providers including Thasos, Apptopia, TipRanks, PredictWallStreet, RS Metrics, Orbital Insight, OWL Analytics, Predata, Evaluate, 280First and Symphony Pharma. Our…
Read more
Bloomberg has informed the public that it has just launched its flagship real-time market data feed, B-PIPE, in the cloud. B-PIPE is a no-compromise solution available on Amazon Web Services (AWS) and it is providing access to the same market data available through the Bloomberg Terminal. With this newly launched service clients can simultaneously stream…
Read more
AcadiaSoft Inc., the provider of margin automation solutions worldwide, has announced that it is offering two new services to streamline the generation of inputs necessary for margin calculations using *ISDA SIMM™. Market participants that are in-scope for the calculation of initial margin for uncleared derivatives can access risk sensitivities calculation services both through AcadiaSoft and…
Read more