THETRADETECHFX DAILY news update
DATA
Bloomberg BFIX includes EBS Market data to expand spot FX capabilities
THE OFFERING MARKS AN AGREEMENT BETWEEN BLOOMBERG INDEX SERVICES LIMITED AND CME GROUP AND IS EXPECTED TO PROVIDE ACCESS TO RELIABLE AND TRANSPARENT FX FIXINGS.
Bloomberg FX Fixings( BFIX) is set to include EBS Market’ s spot FX transactions in its offering, as part of an agreement between Bloomberg Index Services Limited( BISL) and CME Group. By including and using FX transaction data, the offering is expected to assist clients and market participants in matching BFIX, to enhance efficiency and reduce risk. The firm has also said that the addition of EBS Market transaction data also aligns with BFIX’ s aim to provide reliability and transparency in FX fixings for global currency markets.“ The trade data from a leading primary market venue like EBS Market will complement our benchmark and strengthen the ability of banks to take on larger orders developing from the buy-side on BFIX,” said Colin Gallagher, BFIX benchmark and currency indices product manager at BISL. Specifically, BFIX’ s benchmark suite production spans over 1,300 spot currency pairs and 3,950 forward and non-deliverable forward( NDF) fixings.“ As a regulated, anonymous all-to-all matching platform and primary market venue, the EBS Market central limit order book plays a critical role in FX markets, providing firm liquidity and no last-look pricing,” said Paul Houston, global head of FX, CME Group.“ Incorporating EBS Market data into BFIX ensures clients have the most robust and transparent indication of aggregate market prices at any given point in time.”
TRADING VENUES
Integral integrates CME Group FX markets into workflow solution
THROUGH THE MOVE, INTEGRAL CLIENTS NOW HAVE NO-COST ACCESS TO CME’ S EBS AND FX SPOT + MARKETS.
Multi-asset technology provider, Integral and
CME Group unveiled an integrated solution, with the former gaining access to CME Group’ s primary FX markets.
Specifically, the move provides Integral clients no-cost access to CME’ s EBS and FX Spot + markets directly through Integral’ s trading platforms, with no additional technology required.
Paul Houston, global head of FX products at CME Group, said:“ The volatility experienced so far in 2025 has served as an important reminder of the critical role that EBS Market plays in the
FX markets, providing firm, anonymous liquidity and no last look pricing.
“ We are pleased that, through Integral’ s trading interfaces, their clients will now be able to access our spot, NDF and precious metals liquidity, in addition to our recently launched FX Spot + marketplace.”
Integral clients – including regional banks and retail brokers – can now place both passive and aggressive orders, and trade via GUI, API and algorithmic trading models, as well as risk warehouses.
Harpal Sandhu, chief executive of Integral, said:“ The integration with CME Group will lower the cost of trading for Integral’ s clients, while providing them with low-cost access to one of the most liquid FX trading venues globally.
“ Every institution can now directly access primary FX liquidity from their existing workflows at the click of the button. Our comprehensive front-to-back SaaS FX solution is trusted by over 200 of the world’ s most influential companies, and this collaboration is testament to our ongoing commitment to offering the most sophisticated, optimised FX trading technology.”
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