Bloomberg Expands Exchange-for-Physical Offering for the Australian Markets
Summary
Bloomberg expanded its electronic trading solution in Australia by enhancing its Exchange-for-Physical (EFP) trading workflow to support contingent package trading that links Australian bonds with a benchmark bond future. Bloomberg Electronic Markets supported the inaugural EFP trade, with HESTA participating and ANZ acting as market maker. The upgrade enables straight-through-processing and seamless integration with order management systems for RFQ and RFM, aiming to reduce execution risk and transaction costs. Bloomberg is positioning the enhancement as part of ongoing investment in fixed-income market infrastructure and client-facing trading technology.
Classifications
industries
Fintech & Banking
applications
ERP & Process Management
AskAI Classifications
Labels
Financial Software
SaaS
Data & Analytics
Linked Companies
Bloomberg
$1B+