Bloomberg Launches All-to-All Bond Trading Service

Bloomberg has launched Bloomberg Bridge, a new global all-to-all service that supports intermediated trading for corporate and emerging market bonds. According to a story in MarketsMedia news, clients will initially be able to trade G10 investment grade and high yield corporate bonds in addition to emerging markets bonds (USD, EUR, GBP). Clients will be able to launch request for quote (RFQ) tickets for applicable securities or respond to an RFQ to execute a trade, supported by dedicated Goldman Sachs intermediation desks. Bloomberg Bridge is scheduled to go live in Europe in Q2 2022 and subsequently in the US and APAC. Bloomberg Bridge is designed to offer users the ability to source liquidity from Bloomberg’s global network of institutional investors and dealer firms, which currently number over 3,700 according to the company.