Key facts
- Bloomberg launched Spread-to-Benchmark quoting for EUR and GBP portfolio trades.
- The new functionality is available through the Portfolio Trading Basket Builder (PTBB).
- This feature expands the range of quoting capabilities for EUR and GBP.
This development by Bloomberg aims to improve trading efficiency and transparency for institutional investors dealing with large Euro and Sterling denominated portfolio trades. By offering Spread-to-Benchmark quoting, the platform provides a more standardized and potentially more competitive way to price and execute these complex transactions, which can involve multiple currency pairs and instruments.