Bloomberg Tradebook Integrates with Eurex Enlight

Bloomberg Tradebook is collaborating with Eurex to enable the direct access of Eurex member bank and market makers, within the existing CCP environment, via the Bloomberg Tradebook front-end.  According to a story in The Trade news, the new development will be available for all equity options and futures traded on Eurex, alongside all foreign exchange (FX) derivatives.  The European off-book business will be further electronified by the move, allowing firms to directly control and manage their own flow. This flow can be responded to directly by Eurex market makers without any additional costs, offering tighter spreads and increased participation.  Eurex and Bloomberg Tradebook participants will benefit from an integration with existing workflows and clearing setups, which aims to simplify use, while customisable RFQs offer control over trade visibility and anonymity.  The connectivity will offer market participants access to off-book trading, allowing for the completion of large orders, alongside minimising information leakage.