About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Bloomberg Symbology (BSYM) Enters Asian Markets

Subscribe to our newsletter

Ace Derivatives and Commodity Exchange, a Kotak Group anchored commodity exchange in India, has successfully completed integration of the Bloomberg Global Identifier (‘BBGID’). The Exchange supports Bloomberg’s Open Symbology (BSYM), and is the first exchange to adopt the BBGID in Asia.

Dilip Bhatia, Chief Executive Officer of Ace Commodity Exchange said, “We see Bloomberg’s Open Symbology gaining traction, in particular amongst exchanges, because it is assigned at the exchange level. This fulfils an ongoing need of our customer base.”

Ace Commodity Exchange’s daily prices are tracked live on the Bloomberg Professional service. “Ace Commodity Exchange joins a global list of exchanges and third parties that have adopted Bloomberg’s Open Symbology platform and are helping it become an industry standard,” said Peter Warms of Bloomberg’s Data License and Symbology Business, “BSYM’s comprehensive, yet intuitive rulebook provides clarity, transparency and efficiency the global marketplace.”

The Bloomberg Global ID (‘BBGID’) is at the heart of Bloomberg’s Open Symbology initiative launched in November 2009. The BBGID is a 12-digit alphanumerical identifier that comprehensively covers more than 36 million active and inactive securities globally. It is available free of licensing fees and is completely inclusive of far-reaching systems and services, and uses standard symbology across all global asset classes.

Henceforth, commodities traded on the Ace Commodity Exchange will be assigned BBGIDs.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Taming the Private Markets Data Beast: Solving for Valuation, Integration, and Reporting in Alternative Investments

Available On-Demand Institutional activity in private markets has surged as organisations’ traditional investment theses have been upended by global economic volatility, geopolitical instability and fee compression. In their search for better risk-adjusted returns, they have found a rich seam of alpha from private equity and credit, real assets, venture and hedge funds, as well as...

BLOG

There Is A Blind Spot In The Modern Data Stack That Will Kill The Buy-Side’s AI Ambitions

By Mihir Shah, adviser to FINBOURNE Technology. For a long time now, financial institutions have poured billions into building what has become known as the modern data stack. Data lakes, warehouses, ingestion pipelines and cloud platforms have all become the dominant blueprint for becoming a data-driven organisation. Yet the industry’s enthusiasm rests on a flawed...

EVENT

Data Management Summit London

Now in its 17th year, Data Management Summit (DMS) London returns In April 2027, to explore how to use data and AI to drive measurable business outcomes reliably, repeatedly and at scale.

GUIDE

Regulatory Data Handbook 2026 – Fourteenth Edition

Welcome to the fourteenth edition of A-Team Group’s Regulatory Data Handbook. Supervisors increasingly expect firms to demonstrate which rules apply, which data supports each obligation, who owns the control and how exceptions are identified and resolved. Policies and implementation programmes must now be supported by records that can withstand regulatory scrutiny. This edition examines material...