Bloomberg Tradebook Releases New Features for its Futures ISV Platform

- Wins 2015 Waters Technology Award for Best Buy-Side Commodities Platform

Dec 17, 2015, 09:00 ET from Bloomberg Tradebook, LLC

NEW YORK, Dec. 17, 2015 /PRNewswire/ -- Bloomberg Tradebook, Bloomberg's global agency brokerage business, today announced several new updates to its Futures ISV platform that help traders quickly find, sort and view data more efficiently to build and execute on futures trading strategies.

Bloomberg Tradebook's Futures ISV was recently named Best Buy-Side Commodities Trading Platform by the Waters Technology Buy-Side Technology Awards 2015 in part because of these recent enhancements. Winners of this award program are selected by seven judges, five buy-side-focused technology consultants and two of Buy-Side Technology's editors.

"Bloomberg Tradebook is one of the only agency brokers in the world that can truly say it offers cross-asset trading tools and capabilities. The enhancements we've made to our Futures ISV platform is one example of how we continually strive to make it easier for traders to move from idea generation to activation," said Bloomberg Tradebook's President and CEO Glenn Lesko. "Our Futures ISV platform enables our clients to trade on 35 futures exchanges and with more than 50 brokers across the world all from a single integrated desktop."

Enhancements to Bloomberg Tradebook's Futures ISV include new blotters that enable traders to quickly filter, sort and view data in a multitude of ways with streamlined efficiency, so that they can focus on important data points. Order stitching has also been upgraded so users can automatically stitch bundle trades together without having to break up orders post-trade.

A new fixed-income cash platform was also launched this year that includes electronic connections to Nasdaq's eSpeed and BrokerTec.

Further Futures ISV workflow benefits include:

  • Reduced Infrastructure Requirements: Turn-key activation and trading within the Bloomberg Professional service maximizes desktop real estate.
  • Turn Key Network: Access to 35 trading venues and over 50 futures brokers on one multi-broker direct market access platform.
  • Secure and Reliable: Feel confident executing on Bloomberg's stable network. Trade from anywhere with your biometric security device.
  • Advanced Algorithms: Leverage sophisticated tools such as spread trading, volume participation strategies, and economic release contingency orders.
  • Fully Licensed 24/6 Support: Execution Consultants are readily available to support your trading strategy.

The custom index trading functionality is another aspect of the platform to receive enhancements. Futures ISV enables users to connect custom indexes to futures and fixed income trading platforms, allowing them to use multi-leg strategies commodities, rates and equity index-futures trades. Tradebook now offers traders the ability to easily and quickly trade an options/equity pair while leveraging sophisticated technology to seek best execution for both contracts and shares.

Bloomberg Tradebook's trading tools and solutions, including its Futures ISV, are powered by Bloomberg's market-leading data, news and analytics.

About Bloomberg Tradebook

Bloomberg Tradebook is a leading agency broker that partners with both the buy side and sell side to provide direct market access, access to high-quality liquidity, market insight, independent research and innovative technologies through the Bloomberg Professional service. Founded in 1996, Tradebook and its affiliates offer its global customer base trading solutions for equities, futures, options, ETFs and foreign exchange (FX) so they can execute complex-trading strategies across more than 100 global exchanges in over 40 countries as well as trading in 48 currency pairs. For more information, visit www.bloombergtradebook.com and www.bloombergtradebook.com/pdfs/disclaimer.pdf

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SOURCE Bloomberg Tradebook, LLC