Bloomberg Wins Contracts to Supply European Central Bank Electronic Trading Platforms
Bloomberg has won its bid to provide the European Central Bank with electronic trading platforms (ETPs) for the trading of certain instruments. According to a story in The Trade news, the platform provider has been awarded three framework agreements in relation to the European Central Bank and other Eurosystem National Central Banks (NCBs). Bloomberg will supply the European Central bank with platforms for Euro, US Dollar (USD) and Japanese Yen (JPY) denominated government bonds and USD and JPY interest rate swaps, as well as USD and JPY denominated Futures contracts. Trades will take place on Bloomberg’s Netherlands based MTF, BTFE and futures trading will be supported by Bloomberg’s multi-asset execution management system, Bloomberg Tradebook ISV and EMSX.