Bloomberg Rule Builder Launched at Credit Agricole for ETF Trading

Credit Agricole’s Indosuez Wealth Management division has become the first institution to implement Bloomberg’s Rule Builder to automate its ETF trading operations. Following a pilot period, the wealth management firm has become the first client to implement Bloomberg’s Rule Builder, which is a trade automation tool that can be used across fixed income, FX and ETFs, equities and futures. The Rule Builder’s no-code solution to break down incoming ETF order flow and separate low- and high-touch orders. Low-touch orders are sent to Bloomberg venues to be executed without any further manual intervention, freeing up traders’ time to focus on high-touch and complex order flow.