
Bloomberg Equity/Listed Trading is a comprehensive solution designed to optimize the trading workflow for listed equities, futures, and options, including ETFs, derivatives, and ADRs.
Vendor
Apexon
Company Website
This platform provides a full trade lifecycle workflow solution, ensuring best execution practices through a blend of data, integration, connectivity, and ease of use.
Key features of Bloomberg Equity/Listed Trading include 1. Best Execution: The platform helps traders achieve best execution by integrating Bloomberg’s market data and content with real-time and historical trade data. Pre-trade tools like Transaction Cost Analysis (TCA) identify outlying orders that need attention, while post-trade analytics and reports are provided by Bloomberg Transaction Cost Analysis (BTCA). 2. Liquidity Discovery: With a global network of over 3,700 broker destinations, the platform aids traders and portfolio managers in discovering liquidity. It allows users to filter relevant Indications of Interest (IOI) content and set alerts on select names by integrating this content with Bloomberg lists and market data. 3. Electronic Trading: For buy-side traders, the platform offers access to algorithms, dark pools, cash desks, and Electronic Communication Networks (ECNs). It supports futures trading through algorithms and Direct Market Access (DMA), and options trading through an integrated Request for Quote (RFQ) solution. Additional features include pairs trading, basket trading, a programmable API in Excel, real-time TCA, and access to the Bloomberg FIX network. 4. Flexible Trade Automation: The platform enhances productivity and consistency by allowing buy-side traders to apply rules to order flow via Rule Builder (RBLD) and the Broker Wheel. This helps achieve best execution policy goals in a timely manner. 5. Execution Analytics: By integrating Bloomberg’s market data with trade data, the platform provides comprehensive trade analytics. This integration supports pre-trade and post-trade analysis, helping traders optimize their strategies and performance. 6. Global Multi-Asset Coverage: The platform supports trading across various asset classes, including equities, futures, options, ETFs, and derivatives. This broad coverage ensures that traders can manage diverse portfolios efficiently.