(Instant Bloomberg Dealing)?

Download Report

Transcript (Instant Bloomberg Dealing)?

Bloomberg Electronic Trading
Today
 Fixed Income ET
• Electronic execution
• Voice confirmation of trades
 Equity/Exchange traded products trading
 FX and money market trading tools: 4 different venues:
• Trading Grid
• RFQ
• Trade Affirmation
• IBD
Bloomberg In Croatia
 Market Growth
 Exposure to FX/MM desks.
 Localisation of the product:
•
•
Bond Auction platform – adopted
Repo RFQ - launching this quarter
What is IBD (Instant Bloomberg
Dealing)?
 Developed in collaboration with major
international banks.
 Chat Based FX/MM Trading tool connecting front
office users (FX spot, FX forwards, deposits, FX
swaps, bank notes).
 Full trade workflow: execution, ticketing, back
office email , automated print, blotter holding
history of trades.
 Integration within OMS for automated STP.
Simple Workflow
1. Call out for a price
2. Capture and book trade
3. Email of trade ticket and chat transcript
Post Trade Workflow
FX TRADE BLOTTER
Front-office users can view booked trades in the FX Trade Blotter alongside other FXGO trading activity for
their deal code. From the blotter, trade details can be viewed and the chat transcript can be accessed. STP
(straight through processing) of booked trades into the risk management and/or back-office system of the
institution can also be provided.
AUDIT AND COMPLIANCE SOLUTIONS
Through the IBD Post Trade blotter, middle- and back-office users can view and verify the chat transcripts of the
front-office traders to ensure all chat-based trades have been booked correctly. Users are able to open the IBD
chat record and view the chat transcript and trade details (if available). After review, users can update the
status of the IBD chat
Why IBD?
 Part of the Bloomberg Professional Service at
NO ADDITIONAL COST.
 Simple interface in a familiar environment.
 Integrated with the rest of the Bloomberg system.
Bigger Picture
 Full treasury workflow.
 Core terminal data and analytics, news, chat,
trading systems.
 All-in-one licence.
THANK YOU FOR YOUR
ATTENTION!