Bloomberg Unveils Multi-Asset Pre-Trade TCA Solution to Boost Workflow Execution Intelligence

According to The TRADE News, Bloomberg has launched a new multi-asset pre-trade transaction cost analysis (TCA) solution, to integrate execution intelligence into proprietary trading workflows, The TRADE can reveal. The move marks the first time that firms will be able to programmatically access Bloomberg’s pre-trade TCA at scale through an API. Through this integration – spanning both pre-trade and in-trade execution intelligence and analytics specifically for fixed income and equities workflows – firms can apply a more consistent analytical framework across a broader range of trading activities.