Bloomberg Electronic Markets Brings Automation to its Japanese Government Bond Market-on-Close Functionality
Summary
Bloomberg introduced a fully automated Japanese Government Bond market-on-close workflow within Bloomberg Electronic Markets. The new process combines bid/offer list trading, Rule Builder, and TSOX to automate order routing based on predefined conditions. BlackRock highlighted that the workflow can reduce manual intervention, lower transaction costs, and improve execution consistency during high-volume periods. Bloomberg also said the release expands its market-on-close capabilities across global fixed income markets.
AskAI Classifications
Sectors
Fintech, Banking and Payments
General FinTech
Investment Banking
Functions
Business Intelligence and Analytics
BI Analytics
Linked Companies
Bloomberg
$1B+