Bloomberg Enhances ETF Trade Efficiency on RFQe through List Trading
Bloomberg announced the launch of ETF list trading via its ETF Request for Quote service (RFQe), expanding existing functionality that enables clients to trade multiple securities with a single click. The new offering is fully integrated with Bloomberg's equities execution management system (EMSX), providing seamless integration into existing client workflows with Bloomberg's broader infrastructure and suite of trading solutions. RFQe provides clients with improved pricing and liquidity across multi-asset ETFs with more than 100 liquidity providers. Utilizing Bloomberg's price transparency tools, clients can compare quotes from multiple sources to ensure they are trading at the best available price. Clients are also able to minimize information leakage by opting for a two-way quote. RFQe is part of Bloomberg's ETF suite of products that support the entire ETF lifecycle. Portfolio analytics enable clients to analyze positions, historical performance, and risk. Real-time data feeds and evaluated pricing on Bloomberg help track intraday ETF pricing across the liquidity spectrum. RFQe is global and operated by Bloomberg affiliates across Europe, the US and APAC.