Bloomberg Expands Electronic Trading for Australian ETFs, Options, and Futures
Bloomberg has expanded its electronic trading capabilities to include onshore-listed Australian exchange-traded funds (ETFs), options, and futures. This enhancement follows a variation amendment by the Australian Securities and Investments Commission (ASIC) allowing eligible participants to use Bloomberg's Request-for-Quote (RFQe) workflow for these products. The first transaction using this new feature has already been completed. The update streamlines trading workflows in Australia by providing access to multi-dealer liquidity through an electronic RFQ process, replacing traditional voice or manual methods. This integration with Bloomberg’s EMSX and AIM platforms offers a complete audit trail and supports investment strategies such as hedging and portfolio management. The enhancement also complements Bloomberg's broader ETF offering in the region. Bloomberg emphasizes that this development aligns with growing demand for ETF adoption across diverse investment strategies, enhancing market access while maintaining consistency between domestic and global trading experiences.
Topics: Australian markets Bloomberg expansion electronic trading ETF trading