Bloomberg Launches New FX Pricing Quality Tools for FXGO Clients

Bloomberg has introduced a new suite of FX Pricing Quality tools to clients of the FXGO multi-bank FX trading platform, through MISX, the company’s multi-asset reporting tool for electronic trading. The tools allow users to swiftly analyse and assess pricing quality and performance for any RFQ pricing requests sent over FXGO, including batch trades,

The new FX Pricing Quality Tools aim to help both price makers and takers understand and improve their pricing quality. Price makers can pinpoint missed pricing opportunities and their causes, such as internal counterparty setup issues or internal credit rejects. Price takers, on the other hand, can investigate counterparty pricing performance, including how often a counterparty priced and won a trade or declined to price.