Bloomberg unveils new tools

- Marcus Jones
- 05 Oct 2009

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NEW YORK - Bloomberg has launched new functionality for its Bloomberg Professional terminal, allowing users to request prices from multiple counterparties and take prices on various amounts over a period of time.

The 'auction' capability is available for spot and forwards trading and is an extension of a request-for-quote ticket. The offering, Bloomberg claims, appeals to institutions that want to break down large FX transactions and spread the trade across multiple counterparties to minimise

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