Bloomberg has completed its acquisition of front-office solutions vendor Broadway Technology. By bringing together Bloomberg’s Electronic Trade Order Management Solutions (ETOMS) and Broadway’s low-latency execution management solution, the transaction will help further the development of a comprehensive, low-latency O/EMS for the credit and rates markets.
The acquisition aims to deliver solutions that provide greater asset coverage, connectivity, automation, and integration with pre-and post-trade workflows, according to the company.
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