Bloomberg MTF Authorized in Amsterdam

Bloomberg announced that its affiliate, Bloomberg Trading Facility B.V., has received authorization from the Netherlands Authority for the Financial Markets (AFM) to operate a Multilateral Trading Facility (MTF). Bloomberg’s Dutch MTF, or BTFE, will operate alongside Bloomberg’s UK MTF, and provide services on a cross-border basis from Amsterdam throughout the EU under a MiFID II passport. It will provide eligible participants with request for quote and request for trade functionality for: cash bonds, repos, CDS, IRS, ETFs, equity derivatives and FX derivatives. The trading venue builds on the core technology behind Bloomberg’s trading platforms, which are used by more than 1,000 global institutions today.