Bloomberg BFIX to Integrate Euronext FX Spot and Precious Metals Transaction Data
"Incorporating transaction data from a market venue such as Euronext FX further reinforces our benchmark's robustness and supports market participants in efficiently executing orders via BFIX," said
Inclusion of FX transaction data improves the ability for market participants to match BFIX, providing greater efficiency gains and reducing overall risk. The addition of Euronext FX Prints transaction data strengthens the objective of BFIX to provide FX fixings that are reliable, representative and transparent for global currency markets.
"Euronext FX is committed to supporting transparent and resilient benchmarks for global markets," said
BFIX is administered and calculated by Bloomberg Indices. Bloomberg Indices will conduct a market consultation to gather feedback on its plans to incorporate the Euronext FX Prints data into the BFIX methodology, with implementation expected later this year depending on the outcome of the consultation.
The BFIX family of benchmarks covers spot, forward and non-deliverable forward (NDF) rates for a comprehensive global coverage of currencies and metals. BFIX produces over 1,300 spot currency pairs, and 3,950 forward and NDF fixings. The benchmarks, which are
For more information and BFIX methodology, visit our BFIX page. Bloomberg customers can see BFIX offerings in real-time on the
About Bloomberg Index Services Limited
Bloomberg's index team has a proven track record in creating industry leading and bespoke indices across asset classes, including best in class fixed income and commodity indices. Bloomberg Index Services Limited (BISL) takes an innovative approach to delivering strategic benchmarks that help market participants address their evolving needs. As an integral part of Bloomberg, BISL has access to a comprehensive range of trusted data and reliable technology for calculations, analytics and workflow automation, along with distribution capabilities that can help amplify the visibility of our customers' products.
About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.
About Euronext FX
Euronext FX, part of Euronext Group, is a leading ECN for Spot FX and Precious Metals, as well as NDFs through its
About Euronext
Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody to solutions for issuers and investors. Euronext runs MTS, one of
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SOURCE Bloomberg
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