Bloomberg upgrades forex services

NEW YORK - Bloomberg is continuing to expand its FX services by increasing the number of order types available for trading FX over the Bloomberg Professional terminal this quarter.

As of mid-February, users have been able to electronically send order types with stops, triggers or limits, to a preferred sell-side institution for handling. As part of this, Bloomberg has introduced an order type that allows for electronic submission of orders that need special handling, referred to as 'work orders'

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