
Bloomberg FX Electronic Trading (FXGO) is a premier multi-bank FX trading platform that provides access to deep liquidity and powerful functionality for price takers to negotiate foreign exchange transactions with their bank relationships.
Vendor
Zebra Technologie
Company Website
FXGO supports a wide range of instruments, including spot, outrights, swaps, non-deliverable forwards (NDFs), deposits, and options in any currency pair and tenor.
Key features of Bloomberg FX Electronic Trading include 1. Unified Trading Platform: FXGO integrates all available FX electronic trading products into a single portal, allowing users to manage trades from a single interface. This includes multi-dealer pricing and the ability to trade directly from the TSOX blotter. 2. Automation and Efficiency: The platform supports trade automation tools such as Bloomberg Rule Builder (RBLD), which allows traders to create rules for fully automated trading. This helps increase productivity by automating small trades and administrative tasks, freeing up time for strategic activities. 3. Comprehensive Coverage: FXGO covers a wide range of instruments, including spot, forwards, swaps, NDFs, deposits, and options. It also supports trading of cash bonds, ETFs, listed options, and FX derivatives. 4. Advanced Analytics and Risk Management: The platform integrates with Bloomberg’s Multi-Asset Risk System (MARS), providing advanced risk management tools. This integration allows firms to make risk-based decisions more efficiently. 5. Regulatory Compliance: FXGO offers robust solutions for managing regulatory trade and transaction reporting demands, ensuring compliance with global regulations. 6. Scalability and Reliability: Designed to handle high volumes of daily data messages globally, the platform ensures scalability and reliability for large financial institutions. 7. Enhanced Control and Transparency: The platform provides granular control of FX trading through tools like the Legal Entity Identifier Admin (LEIA), which enables rule-based trading controls at the Legal Entity Identifier level.