Bloomberg takes aim at Thomson Reuters Dealing

tod-van-name
Tod Van Name, Bloomberg

Bloomberg is gaining traction with Instant Bloomberg (IB) Dealing, its chat-based foreign exchange trading tool, and providing a credible challenge to incumbent platform Thomson Reuters Dealing, say FX traders.

Bloomberg yesterday announced IB Dealing, which has been in launch for about a year, is now being used globally by more than 100 banks. The service, which allows traders to negotiate transactions, electronically execute, and report trades using a single platform for all FX products, is

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