Bloomberg has launched Bridge AXE, an extension of the Bloomberg Bridge intermediated workflow, allowing participants to anonymously post to other Bridge participants and identify trading interests using Bloomberg’s liquidity discovery tools. This follows the launch of Bloomberg Bridge in 2022, which has now grown to more than 650 active client firms.
Bridge AXE allows buy-side firms to propose, identify, and engage with trading interests from other Bloomberg Bridge participants in an all-to-all environment. Participants can then launch targeted RFQs to begin an intermediated negotiation, anonymous to the axe contributors.
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