{"id":3612,"date":"2024-02-22T16:15:48","date_gmt":"2024-02-22T16:15:48","guid":{"rendered":"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/products\/trading\/execution-management-system\/fixed-income\/"},"modified":"2025-08-28T09:35:53","modified_gmt":"2025-08-28T13:35:53","slug":"fixed-income","status":"publish","type":"page","link":"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/products\/trading\/execution-management-system\/fixed-income\/","title":{"rendered":"Fixed Income Trading"},"content":{"rendered":"<div  class=\"bbg-row-container\">\n    <style>section[data-anchor='row-69f276d7aca47'] {\n\t\t\t\tbackground-image: url(https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&type=webp&url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/L4_Isometric.jpg);\n\t\t\t  }@media screen and ( min-width: 769px ) and ( max-width: 1024px ) {\n\t\t\t\t\tsection[data-anchor='row-69f276d7aca47'] {\n\t\t\t\t\t\tbackground-image: url(https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&type=webp&url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Tablet_BG_dark_051625_03.jpg);\n\t\t\t\t\t}\n\t\t\t\t  }@media screen and ( max-width: 768px ) {\n\t\t\t\t\tsection[data-anchor='row-69f276d7aca47'] {\n\t\t\t\t\t\tbackground-image: url(https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&type=webp&url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Mobile_BG_dark_051625_03.jpg);\n\t\t\t\t\t}\n\t\t\t\t  }<\/style>\n    <section class=\"bbg-row bbg-row--hero-product bg--has-media       text--white row-padding--top-none row-padding--bottom-none bbg-row--full-bg-bleed\" data-anchor='row-69f276d7aca47'>\n        \n        \n        <div\n            class=\"bbg-row--content bbg-height--custom\"\n            style=\"min-height:540px;\"        >\n            \n            <div\n    class=\"bbg-column bbg-column--width-5 bbg-column--valign-middle\"\n    style=\"\"\n    >\n    <div\n\tclass=\"bb-wysiwyg txt_eyebrow_product\"\n\t\t>\n\t<p>Trading \/ Execution Management<\/p>\n\n<\/div>\n<div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h1>Fixed Income Trading<\/h1>\n\n<\/div>\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row bg_gradient_jumplinks bg--white  text--white row-padding--top-none row-padding--bottom-none bbg-row--full-bg-bleed\" data-page-section=\"Hero\" data-anchor='row-69f276d7b73b3'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <div\n    class=\"bbg-column\"\n    style=\"\"\n    >\n    <div\n\tclass=\"bbg_jumplinks-container  --align-left\"\n\tdata-link-color=\"#232323\"\n\tdata-style=\"light\"\n\tdata-direction=\"\"\n\tdata-mobile-behavior=\"dropdown\"\n>\n\t<style>\n\t\t.bbg_jumplinks-container .bbg_jumplinks-scroll:after {\n\t\t\tbackground: #232323;\n\t\t}\n\t<\/style>\n<\/div>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-jump-link-section bbg-row--full-bg-bleed\" data-jump-link-label='Complete Solution' data-anchor='row-69f276d7b96ce' id='complete-solution'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-4\"\n    style=\"\"\n    >\n    <div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h3>Stage, monitor, trade and allocate<\/h3>\n\n<\/div>\n\n\n<\/div><div\n    class=\"bbg-column bbg-column--width-8\"\n    style=\"\"\n    >\n    <div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p>Bloomberg\u2019s fixed income trading platform and complete execution management solution provide liquidity, trading functionality and straight-through processing for all fixed income securities, derivatives and futures.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-none row-padding--bottom-compact bbg-row--full-bg-bleed\" data-anchor='row-69f276d7bb4ab'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <div\n    class=\"bbg-column\"\n    style=\"\"\n    >\n    <hr class=\"bbg-separator bbg-separator-1\" style=\"height:1px;\" \/>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-jump-link-section bbg-row--full-bg-bleed\" data-jump-link-label='One Portal, Multiple Dealers' data-anchor='row-69f276d7bcefa' id='one-portal-multiple-dealers'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-4\"\n    style=\"\"\n    >\n    <p><div\n    class=\"bbg-spacer bbg-spacer--sm\"\n    >\n<\/div><div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h3>One portal, multiple dealers<\/h3>\n\n<\/div>\n\n<\/div><div\n    class=\"bbg-column bbg-column--width-8\"\n    style=\"\"\n    >\n    <p><div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p>FIT, Bloomberg\u2019s fixed income trading platform, links all available fixed income electronic trading products into one portal and provides multi-dealer, executable composite pricing, so you can stage, monitor, trade and allocate trades through a single function on the Bloomberg Terminal. You can also trade with FIT from your TSOX blotter.<\/p>\n<p>The FIT market monitor allows you to watch the current bid and ask prices for a type of security within your chosen market, so you can follow market movements and identify the rates at which you want to trade. You can simply click a price or enable a multi-leg deal to submit a trade ticket to your chosen dealers.<\/p>\n<p>Bloomberg BOLT is list trading platform that allows you to access a deep pool of liquidity for investment grade, high yield, emerging markets (EM), credit default swaps (CDS), interest rate swaps (IRS) and municipal bonds.<\/p>\n<p>Bloomberg multilateral trading facility, BMTF, is a robust trading platform for trading cash bonds, IRS, CDS, Repos, ETFs, listed options and FX derivatives. Bloomberg has examined and built upon its existing end-to-end trading workflows to offer an efficient trading platform and ensure a seamless transition into the MiFID II regulatory environment.<\/p>\n<p>Bloomberg SEF is registered with the Commodity Futures Trading Commission (CFTC), with participants actively trading Permitted Transactions in CDS, IRS, FX and commodity derivatives.<\/p>\n\n<\/div>\n<div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h4>How we help our clients<\/h4>\n\n<\/div>\n<div\n    class=\"bbg-spacer bbg-spacer--sm\"\n    >\n<\/div>\n<div\n  id=\"cta_5014258056506595988\"\n  class=\"wpb_content_element bbg-cta icon icon-arrow\">\n  <style>\n    \n    \n    \n  <\/style>\n  <div\n    class=\"bbg-cta-link link-holder\"\n    data-links-type=\"cta-links\">\n    <p class=\"bbg-cta-p left\">\n      <a\n        class=\"bbg-cta-link link\"\n        href=\"https:\/\/www.bloomberg.com\/professional\/products\/trading\/trading-venues\/bmtf\/\"\n        target=\"_blank\"\n        rel=\"\"\n        data-section-name=\"Multilateral Trading Facility Europe (MTFE)\"\n        >\n                      Multilateral Trading Facility Europe (MTFE)\n                <\/a>\n    <\/p>\n  <\/div>\n<\/div>\n<div\n    class=\"bbg-spacer bbg-spacer--sm\"\n    >\n<\/div>\n<div\n  id=\"cta_5967170560462527782\"\n  class=\"wpb_content_element bbg-cta icon icon-arrow\">\n  <style>\n    \n    \n    \n  <\/style>\n  <div\n    class=\"bbg-cta-link link-holder\"\n    data-links-type=\"cta-links\">\n    <p class=\"bbg-cta-p left\">\n      <a\n        class=\"bbg-cta-link link\"\n        href=\"https:\/\/www.bloomberg.com\/professional\/products\/trading\/trading-venues\/swap-execution-facility\/\"\n        target=\"_blank\"\n        rel=\"\"\n        data-section-name=\"Swap Execution Facility (SEF)\"\n        >\n                      Swap Execution Facility (SEF)\n                <\/a>\n    <\/p>\n  <\/div>\n<\/div>\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-compact row-padding--bottom-compact bbg-row--full-bg-bleed\" data-anchor='row-69f276d7c0814'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <div\n    class=\"bbg-column\"\n    style=\"\"\n    >\n    <hr class=\"bbg-separator bbg-separator-1\" style=\"height:1px;\" \/>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-jump-link-section bbg-row--full-bg-bleed\" data-jump-link-label='Fixed Income Staging Blotter' data-anchor='row-69f276d7c25a6' id='fixed-income-staging-blotter'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-4\"\n    style=\"\"\n    >\n    <div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h3>Fixed income staging blotter<\/h3>\n\n<\/div>\n\n\n<\/div><div\n    class=\"bbg-column bbg-column--width-8\"\n    style=\"\"\n    >\n    <div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p>Bloomberg\u2019s Fixed Income and Derivatives Execution Management System (TSOX) allows liquidity takers to route and execute orders into Bloomberg\u2019s FIT trading platform, as well as other supported venues, and manage incoming orders in order to quickly and efficiently manage their trading activities.<\/p>\n<p>Orders can be staged directly from your order management system (OMS), or uploaded from Microsoft Excel, and executed and allocated in one click. When orders are filled your OMS is updated automatically. Voice matching and IB trading allows orders to be staged in TSOX that were not traded electronically (i.e., over the phone or instant message), and recorded for compliance and reporting.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-compact row-padding--bottom-compact bbg-row--full-bg-bleed\" data-anchor='row-69f276d7c4791'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <div\n    class=\"bbg-column\"\n    style=\"\"\n    >\n    <hr class=\"bbg-separator bbg-separator-1\" style=\"height:1px;\" \/>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row video btn-reposition  text--black row-jump-link-section bbg-row--full-bg-bleed\" data-jump-link-label='Automation as Your Competitive Advantage' data-anchor='row-69f276d7c61a5' id='automation-as-your-competitive-advantage'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-4\"\n    style=\"\"\n    >\n    <div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h3>Automation as your competitive advantage<\/h3>\n\n<\/div>\n\n\n<\/div><div\n    class=\"bbg-column bbg-column--width-8\"\n    style=\"\"\n    >\n    <p><style>#bloomberg-video-69f276d7eb8b5 .bloomberg-video__wrapper { background-image: url('https:\/\/i.vimeocdn.com\/video\/771005309-57b85008eec763f432bd1078c35840e527e9954dbc9a2fa7dd34055570320ce1-d_640?region=us'); }<\/style><div class='bloomberg-video' data-aspect-ratio='16:9' data-service='vimeo-video' id='bloomberg-video-69f276d7eb8b5'><div class='bloomberg-video__wrapper bloomberg-video__wrapper--core'>\t\t\t\t<a\n\t\t\t\t\tclass=\"bloomberg-video__link\"\n\t\t\t\t\thref=\"https:\/\/vimeo.com\/326875254\"\n\t\t\t\t\ttarget=\"_blank\"\n\t\t\t\t\trel=\"noopener\"\n\t\t\t\t\ttitle=\"\"\n\t\t\t\t\tdata-video-id=\"326875254\"\n\t\t\t\t\tdata-orientation=\"Horizontal\"\n\t\t\t\t\tdata-video-loop=\"0\"\n\t\t\t\t\tdata-video-title=\"298908_EOMS_Rule-Builder_DELIVERY\"\n\t\t\t\t\taria-label=\"Play Video\"\n\t\t\t\t><\/a>\n\t\t\t\t<\/div><\/div><div\n    class=\"bbg-spacer bbg-spacer--md\"\n    >\n<\/div><div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p>\nBloomberg\u2019s fixed income platform, paired with our trade automation tools, enables you to boost your productivity, increasing the number of orders you can manage during the daily trading window. This efficient workflow enables the desk to break down incoming order flow from portfolio managers into discrete \u2018high touch\u2019 and \u2018low touch\u2019 functions. Bloomberg\u2019s technology augments your role by helping you automate small trades and administrative tasks, freeing time to focus more on strategic activities.<\/p>\n<p>Bloomberg Rule Builder (RBLD) enables fixed income execution traders to create rules that facilitate fully automated trading on Bloomberg venues through TSOX. Rule Builder can take an order and convert it to a trade in just over one second \u2014 with zero mouse clicks. The automation tool uses real-time and historical performance data systematically to decide which dealers receive your RFQ, helping to ensure your best execution policy is adhered to.<\/p>\n<p>Bloomberg supports the automation of government and credit fixed income bond execution, as well as credit and interest rate swaps. Our Direct Order Routing (DOR) solution enables you to integrate your in-house Smart Order Router (SOR) with Bloomberg\u2019s liquidity. DOR replicates the RFQ and Order protocols on our venues through the FIX interface, enabling traders to achieve new levels of operational efficiency, particularly for low-touch orders.<\/p>\n\n<\/div>\n<div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h3>How we help our clients<\/h3>\n\n<\/div>\n<div\n    class=\"bbg-spacer bbg-spacer--sm\"\n    >\n<\/div>\n<div\n  id=\"cta_6164591386177542006\"\n  class=\"wpb_content_element bbg-cta icon icon-arrow\">\n  <style>\n    \n    \n    \n  <\/style>\n  <div\n    class=\"bbg-cta-link link-holder\"\n    data-links-type=\"cta-links\">\n    <p class=\"bbg-cta-p left\">\n      <a\n        class=\"bbg-cta-link link\"\n        href=\"https:\/\/assets.bbhub.io\/professional\/sites\/41\/391665_ETS_FIT_RBLD_FI_SFCT_A4_DIG.pdf\"\n        target=\"_blank\"\n        rel=\"\"\n        data-section-name=\"Rule Builder fact sheet\"\n        >\n                      Rule Builder fact sheet\n                <\/a>\n    <\/p>\n  <\/div>\n<\/div>\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-compact row-padding--bottom-compact bbg-row--full-bg-bleed\" data-anchor='row-69f276d7ed21e'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <div\n    class=\"bbg-column\"\n    style=\"\"\n    >\n    <hr class=\"bbg-separator bbg-separator-1\" style=\"height:1px;\" \/>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-compact row-padding--bottom-compact bbg-row--full-bg-bleed\" data-anchor='row-69f276d7ee90f'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <div\n    class=\"bbg-column\"\n    style=\"\"\n    >\n    <div class=\"bbg-interstitial\" aria-label=\"interstitial\" tabindex=\"0\">\n\t<style>\n\t\t.bbg-interstitial #card_1.bbg-card_hasCta{\n\t\t\tbackground:rgba(0,0,0,0);\n\t\t\tpadding: 104px;\n\t\t\t\n\t\t\t\n\t\t}\n\t\t.bbg-interstitial #card_1.bbg-card_hasCta .bbg-card__content, .bbg-interstitial #card_1.bbg-card_hasCta .bbg-card__content p{\n\t\t\tcolor:inherit;\n\t\t}\n\t\t@media (max-width: 768px) {\n\t\t\t.bbg-interstitial #card_1.bbg-card_hasCta{\n\t\t\t\tpadding: 80px 32px;\n\t\t\t}\n\t\t}\n\t\t@media (max-width: 480px) {\n\t\t\t.bbg-interstitial #card_1.bbg-card_hasCta{\n\t\t\t\tpadding: 80px 18px;\n\t\t\t}\n\t\t}\n\t<\/style>\n\t<div class=\"wpb_content_element bbg-card  bbg-card-dark bbg-card_hasCta has_interstitial\" id=\"card_1\" data-card_type=\"no_image\">\n  \n  \n  <div class=\"bbg-card__innerwrapper\">\n    <div class=\"bbg-card__content\">\n      \n      \n                      <h3 class=\"bbg-card__title\">Taking trading automation to the next level<\/h3>\n      \n          <\/div>\n\n          \n<div\n  id=\"cta_6814979682580900721\"\n  class=\"wpb_content_element bbg-cta icon icon-arrow\">\n  <style>\n    \n    \n    \n  <\/style>\n  <div\n    class=\"bbg-cta-link link-holder\"\n    data-links-type=\"cta-links\">\n    <p class=\"bbg-cta-p right\">\n      <a\n        class=\"bbg-cta-link link interstitial_cta\"\n        href=\"https:\/\/www.bloomberg.com\/professional\/insights\/markets\/taking-trading-automation-to-the-next-level\/\"\n        target=\"\"\n        rel=\"\"\n        data-section-name=\"\"\n                role=\"button\"\n        aria-label=\"Learn more\"\n        >\n                <\/a>\n    <\/p>\n  <\/div>\n<\/div>\n\n      <\/div>\n\n  <\/div>\n\n<\/div>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-compact row-padding--bottom-compact bbg-row--full-bg-bleed\" data-anchor='row-69f276d7f30c5'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <div\n    class=\"bbg-column\"\n    style=\"\"\n    >\n    <hr class=\"bbg-separator bbg-separator-1\" style=\"height:1px;\" \/>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-jump-link-section bbg-row--full-bg-bleed\" data-jump-link-label='Granular Control of Fixed Income Trading' data-anchor='row-69f276d8006a1' id='granular-control-of-fixed-income-trading'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-4\"\n    style=\"\"\n    >\n    <p><div\n    class=\"bbg-spacer bbg-spacer--sm\"\n    >\n<\/div><div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h3>Granular control of fixed income trading<\/h3>\n\n<\/div>\n\n<\/div><div\n    class=\"bbg-column bbg-column--width-8\"\n    style=\"\"\n    >\n    <p><div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p>Bloomberg\u2019s new Legal Entity Identifier Admin (LEIA) provides rule-based, fixed income trading controls for price takers and makers on Bloomberg\u2019s electronic trading platforms. LEIA operates at the Legal Entity Identifier (LEI) level, enabling the creation of separate trading controls profiles for each individual LEI used for trading.<\/p>\n<p>A high level of granularity enables users to define counterparties on an LEI basis, making it possible to precisely define with which entities within a large firm trading is permitted. Rules can be created and configured on an allocation account basis, delivering a higher degree of control while increasing your efficiency and reducing risk across the desk.<\/p>\n\n<\/div>\n<div\n    class=\"bbg-spacer bbg-spacer--sm\"\n    >\n<\/div><div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h4>How we help our clients<\/h4>\n\n<\/div>\n<div\n    class=\"bbg-spacer bbg-spacer--sm\"\n    >\n<\/div>\n<div\n  id=\"cta_7056512027841850404\"\n  class=\"wpb_content_element bbg-cta icon icon-arrow\">\n  <style>\n    \n    \n    \n  <\/style>\n  <div\n    class=\"bbg-cta-link link-holder\"\n    data-links-type=\"cta-links\">\n    <p class=\"bbg-cta-p left\">\n      <a\n        class=\"bbg-cta-link link\"\n        href=\"https:\/\/assets.bbhub.io\/professional\/sites\/41\/296677_EOMS_OVW_LEIA_SFCT_A4_DIG.pdf\"\n        target=\"_blank\"\n        rel=\"\"\n        data-section-name=\"LEIA fact sheet\"\n        >\n                      LEIA fact sheet\n                <\/a>\n    <\/p>\n  <\/div>\n<\/div>\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-compact row-padding--bottom-compact bbg-row--full-bg-bleed\" data-anchor='row-69f276d802946'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <div\n    class=\"bbg-column\"\n    style=\"\"\n    >\n    <hr class=\"bbg-separator bbg-separator-1\" style=\"height:1px;\" \/>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-jump-link-section bbg-row--full-bg-bleed\" data-jump-link-label='TRS on Bloomberg Fixed Income Indices (BTRS)' data-anchor='row-69f276d803efc' id='trs-on-bloomberg-fixed-income-indices'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-4\"\n    style=\"\"\n    >\n    <div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h3>Total return swaps on Bloomberg Fixed Income Indices<\/h3>\n\n<\/div>\n\n\n<\/div><div\n    class=\"bbg-column bbg-column--width-8\"\n    style=\"\"\n    >\n    <p><div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p>The recent launch and trading of standardized TRS contracts on the Bloomberg Fixed Income Indices (BTRS) enables investors to gain synthetic exposure to cash bonds and, specifically, the market leading fixed income benchmark.<\/p>\n<p>Total Return Swaps (TRS) provide an alternative vehicle to trading the underlying index of cash securities, to simplify the transaction and avoid the infrastructure and maintenance associated with cash positions. TRS are usually structured with a total return leg (on the underlying index) versus the funding leg (usually Libor or other funding benchmarks).<\/p>\n<p>TRS on Bloomberg\u2019s market leading indices are designed to assist traditional PMs in matching benchmark returns or to hedge risk exposure using derivative trades. Bloomberg dealer pages, advanced analytics in pricing and in risk, and electronic trading platforms will help facilitate flow\/liquidity in this instrument.<\/p>\n<p>Key benefits of BTRS contracts include:<\/p>\n<ul>\n<li>Standardization of the deal structure, quoting convention and pricing<\/li>\n<li>Quarterly maturing contracts expire at the end of IMM months (March, June, September, December) to enhance liquidity<\/li>\n<li>The ability to collapse trades. e.g., monthly deal cash flows and resets will match due to the standardized nature of the contract<\/li>\n<li>End-of-month resets and payments consistent with portfolio management performance practices on the corresponding cash product portfolio<\/li>\n<li>Transparency and pricing of the underlying indices provided by Bloomberg<\/li>\n<li>Funding legs based on one-month Libor \u201cflat\u201d<\/li>\n<li>Well positioned to become clearing-eligible<\/li>\n<\/ul>\n<p>For more information, please contact\u00a0<a href=\"mailto:btrs1@bloomberg.net\">btrs1@bloomberg.net<\/a><\/p>\n\n<\/div>\n<div\n    class=\"bbg-spacer bbg-spacer--sm\"\n    >\n<\/div><div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h4>How we help our clients<\/h4>\n\n<\/div>\n<div\n    class=\"bbg-spacer bbg-spacer--sm\"\n    >\n<\/div>\n<div\n  id=\"cta_1167600060918408650\"\n  class=\"wpb_content_element bbg-cta icon icon-arrow\">\n  <style>\n    \n    \n    \n  <\/style>\n  <div\n    class=\"bbg-cta-link link-holder\"\n    data-links-type=\"cta-links\">\n    <p class=\"bbg-cta-p left\">\n      <a\n        class=\"bbg-cta-link link\"\n        href=\"https:\/\/assets.bbhub.io\/professional\/sites\/41\/BTRS-Launch-Press-Release-3-29-17.pdf\"\n        target=\"_blank\"\n        rel=\"\"\n        data-section-name=\"Bloomberg Announces Standardized Total Return Swaps on the Bloomberg Barclays Indices\"\n        >\n                      Bloomberg Announces Standardized Total Return Swaps on the Bloomberg Barclays Indices\n                <\/a>\n    <\/p>\n  <\/div>\n<\/div>\n<div\n    class=\"bbg-spacer bbg-spacer--sm\"\n    >\n<\/div>\n<div\n  id=\"cta_2731891452659007542\"\n  class=\"wpb_content_element bbg-cta icon icon-arrow\">\n  <style>\n    \n    \n    \n  <\/style>\n  <div\n    class=\"bbg-cta-link link-holder\"\n    data-links-type=\"cta-links\">\n    <p class=\"bbg-cta-p left\">\n      <a\n        class=\"bbg-cta-link link\"\n        href=\"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-facilitates-first-standardized-total-return-swap-trade-bloomberg-barclays-indices\/\"\n        target=\"_blank\"\n        rel=\"\"\n        data-section-name=\"Bloomberg Facilitates First Standardized Total Return Swap Trade on the Bloomberg Barclays Indices\"\n        >\n                      Bloomberg Facilitates First Standardized Total Return Swap Trade on the Bloomberg Barclays Indices\n                <\/a>\n    <\/p>\n  <\/div>\n<\/div>\n<div\n    class=\"bbg-spacer bbg-spacer--sm\"\n    >\n<\/div>\n<div\n  id=\"cta_5905266426982471974\"\n  class=\"wpb_content_element bbg-cta icon icon-arrow\">\n  <style>\n    \n    \n    \n  <\/style>\n  <div\n    class=\"bbg-cta-link link-holder\"\n    data-links-type=\"cta-links\">\n    <p class=\"bbg-cta-p left\">\n      <a\n        class=\"bbg-cta-link link\"\n        href=\"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-facilitates-first-standardized-total-return-swap-trade-bloomberg-barclays-indices\/\"\n        target=\"_blank\"\n        rel=\"\"\n        data-section-name=\"Standardized total return swaps on Bloomberg Fixed Income Indices (BTRS)\"\n        >\n                      Standardized total return swaps on Bloomberg Fixed Income Indices (BTRS)\n                <\/a>\n    <\/p>\n  <\/div>\n<\/div>\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-compact row-padding--bottom-compact bbg-row--full-bg-bleed\" data-anchor='row-69f276d806bdf'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <div\n    class=\"bbg-column\"\n    style=\"\"\n    >\n    <hr class=\"bbg-separator bbg-separator-1\" style=\"height:1px;\" \/>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--white bbg-row--full-bg-bleed\" data-anchor='row-69f276d80857a'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <div\n    class=\"bbg-column\"\n    style=\"\"\n    >\n    <div class=\"bbg-interstitial\" aria-label=\"interstitial\" tabindex=\"0\">\n\t<style>\n\t\t.bbg-interstitial #card_2.bbg-card_hasCta{\n\t\t\tbackground: 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           <h3 class=\"bbg-card__title\">Request a Demo<\/h3>\n      \n              <div class=\"bbg-card__wysiwyg bb-wysiwyg\"><p>Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Now, let us do that for you.<\/p>\n<\/div>\n          <\/div>\n\n          \n<div\n  id=\"cta_3367634312091603956\"\n  class=\"wpb_content_element bbg-cta icon icon-arrow\">\n  <style>\n    \n    \n    \n  <\/style>\n  <div\n    class=\"bbg-cta-link link-holder\"\n    data-links-type=\"cta-links\">\n    <p class=\"bbg-cta-p right\">\n      <a\n        class=\"bbg-cta-link link interstitial_cta\"\n        href=\"https:\/\/www.bloomberg.com\/professional\/request-demo\/\"\n        target=\"_blank\"\n        rel=\"\"\n        data-section-name=\"\"\n                role=\"button\"\n        aria-label=\"Learn more\"\n        >\n                <\/a>\n    <\/p>\n  <\/div>\n<\/div>\n\n      <\/div>\n\n  <\/div>\n\n<\/div>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-compact row-padding--bottom-compact bbg-row--full-bg-bleed\" data-anchor='row-69f276d80c17f'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <div\n    class=\"bbg-column\"\n    style=\"\"\n    >\n    <hr class=\"bbg-separator bbg-separator-1\" style=\"height:1px;\" \/>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row bg--white  text--black row-jump-link-section bbg-row--full-bg-bleed\" data-jump-link-label='Insights' data-anchor='row-69f276d80de33' id='insights'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-8\"\n    style=\"\"\n    >\n    <div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h2>Research &amp; Insights<\/h2>\n\n<\/div>\n\n\n<\/div><div\n    class=\"bbg-column bbg-column--width-4 bbg-column--valign-middle bbg-column--halign-right bbg-column--s-width-2\"\n    style=\"\"\n    >\n    \n<div\n  id=\"cta_6527452070995116551\"\n  class=\"wpb_content_element bbg-cta no-icon\">\n  <style>\n    \n    \n    \n  <\/style>\n  <div\n    class=\"bbg-cta-link link-holder\"\n    data-links-type=\"cta-links\">\n    <p class=\"bbg-cta-p justify\">\n      <a\n        class=\"bbg-cta-link link\"\n        href=\"https:\/\/www.bloomberg.com\/professional\/insights\/\"\n        target=\"\"\n        rel=\"\"\n        data-section-name=\"View all Insights\"\n        >\n                      View all Insights\n                <\/a>\n    <\/p>\n  <\/div>\n<\/div>\n\n\n<\/div><div\n    class=\"bbg-column\"\n    style=\"\"\n    >\n    <div class=\"bbg_featured_insights default\">\n                                <div class=\"bbg-featured-card bbg-column--width-4 bbg-column--m-width-4\" style=background-color:#f4f4f9; data-element-cardtype=\"image\" data-element-position=\"feed_1\" data-element-pubdate=\"April 29, 2026\">\n                <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/technology\/tradings-next-era-how-tech-and-client-demands-are-reshaping-market-structure\/\" target=\"\" rel=\"\" class=\"image\" data-element-cardtype=\"image\" data-element-position=\"feed_1\" data-element-title=\"Trading\u2019s next era: How tech and client demands are reshaping market structure\">\n                    <figure class=\"image__figure\">\n                        <img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"600\" src=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/dan-resize-800x600.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" srcset=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/dan-resize-800x600.jpg 800w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/dan-resize-552x414.jpg 552w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/dan-resize-768x576.jpg 768w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/dan-resize-1536x1152.jpg 1536w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/dan-resize-144x108.jpg 144w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/dan-resize.jpg 1600w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/>\n                    <\/figure>\n                <\/a>\n                <div class=\"content\">\n                    <a class=\"eyebrow type-link\" href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/type\/article\/\" data-element-cardtype=\"image\" data-element-type=\"article\" data-element-title=\"Trading\u2019s next era: How tech and client demands are reshaping market structure\" data-element-position=\"feed_1\">Article<\/a>\n                    <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/technology\/tradings-next-era-how-tech-and-client-demands-are-reshaping-market-structure\/\" target=\"\" rel=\"\" class=\"title-link\" data-element-cardtype=\"image\" data-element-position=\"feed_1\" data-element-title=\"Trading\u2019s next era: How tech and client demands are reshaping market structure\">\n                        <h3 class=\"title\">Trading\u2019s next era: How tech and client demands are reshaping market structure<\/h3>\n                    <\/a>\n                                        <a class=\"category-link\" href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/category\/technology\/\" data-element-cardtype=\"image\" data-element-position=\"feed_1\" data-element-topic=\"technology\" data-element-title=\"Trading\u2019s next era: How tech and client demands are reshaping market structure\">\n                        <span class=\"category-link-text\">Technology<\/span>\n                    <\/a>\n                <\/div>\n            <\/div>\n                                        <div class=\"bbg-featured-card bbg-column--width-4 bbg-column--m-width-4\" style=background-color:#f4f4f9; data-element-cardtype=\"image\" data-element-position=\"feed_2\" data-element-pubdate=\"April 20, 2026\">\n                <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/commodities\/what-the-us-iran-war-means-for-commodity-markets-and-portfolios\/\" target=\"\" rel=\"\" class=\"image\" data-element-cardtype=\"image\" data-element-position=\"feed_2\" data-element-title=\"What the US-Iran war means for commodity markets and portfolios\">\n                    <figure class=\"image__figure\">\n                        <img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"533\" src=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/380377823resiz.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"Oil Barrels Stacked In A Warehouse\" \/>\n                    <\/figure>\n                <\/a>\n                <div class=\"content\">\n                    <a class=\"eyebrow type-link\" href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/type\/article\/\" data-element-cardtype=\"image\" data-element-type=\"article\" data-element-title=\"What the US-Iran war means for commodity markets and portfolios\" data-element-position=\"feed_2\">Article<\/a>\n                    <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/commodities\/what-the-us-iran-war-means-for-commodity-markets-and-portfolios\/\" target=\"\" rel=\"\" class=\"title-link\" data-element-cardtype=\"image\" data-element-position=\"feed_2\" data-element-title=\"What the US-Iran war means for commodity markets and portfolios\">\n                        <h3 class=\"title\">What the US-Iran war means for commodity markets and portfolios<\/h3>\n                    <\/a>\n                                        <a class=\"category-link\" href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/category\/commodities\/\" data-element-cardtype=\"image\" data-element-position=\"feed_2\" data-element-topic=\"commodities\" data-element-title=\"What the US-Iran war means for commodity markets and portfolios\">\n                        <span class=\"category-link-text\">Commodities<\/span>\n                    <\/a>\n                <\/div>\n            <\/div>\n                                        <div class=\"bbg-featured-card bbg-column--width-4 bbg-column--m-width-4\" style=background-color:#f4f4f9; data-element-cardtype=\"image\" data-element-position=\"feed_3\" data-element-pubdate=\"April 20, 2026\">\n                <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/trading\/the-evolution-of-pre-trade-intelligence-from-prediction-to-action\/\" target=\"\" rel=\"\" class=\"image\" data-element-cardtype=\"image\" data-element-position=\"feed_3\" data-element-title=\"From prediction to precision: The evolution of pre-trade intelligence\">\n                    <figure class=\"image__figure\">\n                        <img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"533\" src=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/shutterstock_256608775-3-1.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"Data on live computer screen\" srcset=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/shutterstock_256608775-3-1.jpg 800w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/shutterstock_256608775-3-1.jpg 552w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/shutterstock_256608775-3-1.jpg 768w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/shutterstock_256608775-3-1.jpg 1536w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/shutterstock_256608775-3-1.jpg 2048w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/shutterstock_256608775-3-1.jpg 162w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/>\n                    <\/figure>\n                <\/a>\n                <div class=\"content\">\n                    <a class=\"eyebrow type-link\" href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/type\/article\/\" data-element-cardtype=\"image\" data-element-type=\"article\" data-element-title=\"From prediction to precision: The evolution of pre-trade intelligence\" data-element-position=\"feed_3\">Article<\/a>\n                    <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/trading\/the-evolution-of-pre-trade-intelligence-from-prediction-to-action\/\" target=\"\" rel=\"\" class=\"title-link\" data-element-cardtype=\"image\" data-element-position=\"feed_3\" data-element-title=\"From prediction to precision: The evolution of pre-trade intelligence\">\n                        <h3 class=\"title\">From prediction to precision: The evolution of pre-trade intelligence<\/h3>\n                    <\/a>\n                                        <a class=\"category-link\" href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/category\/trading\/\" data-element-cardtype=\"image\" data-element-position=\"feed_3\" data-element-topic=\"trading\" data-element-title=\"From prediction to precision: The evolution of pre-trade intelligence\">\n                        <span class=\"category-link-text\">Trading<\/span>\n                    <\/a>\n                <\/div>\n            <\/div>\n                                        <div class=\"bbg-featured-card bbg-column--width-4 bbg-column--m-width-4\" style=background-color:#f4f4f9; data-element-cardtype=\"image\" data-element-position=\"feed_4\" data-element-pubdate=\"April 16, 2026\">\n                <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/risk\/a-correlation-based-framework-for-market-regime-detection-using-bloomberg-mac3\/\" target=\"\" rel=\"\" class=\"image\" data-element-cardtype=\"image\" data-element-position=\"feed_4\" data-element-title=\"A correlation-based framework for market regime detection using Bloomberg MAC3\">\n                    <figure class=\"image__figure\">\n                        <img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"533\" src=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/shutterstock_2074659229-11.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"Stockmarket online trading chart candlestick\" \/>\n                    <\/figure>\n                <\/a>\n                <div class=\"content\">\n                    <a class=\"eyebrow type-link\" href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/type\/article\/\" data-element-cardtype=\"image\" data-element-type=\"article\" data-element-title=\"A correlation-based framework for market regime detection using Bloomberg MAC3\" data-element-position=\"feed_4\">Article<\/a>\n                    <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/risk\/a-correlation-based-framework-for-market-regime-detection-using-bloomberg-mac3\/\" target=\"\" rel=\"\" class=\"title-link\" data-element-cardtype=\"image\" data-element-position=\"feed_4\" data-element-title=\"A correlation-based framework for market regime detection using Bloomberg MAC3\">\n                        <h3 class=\"title\">A correlation-based framework for market regime detection using Bloomberg MAC3<\/h3>\n                    <\/a>\n                                        <a class=\"category-link\" href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/category\/risk\/\" data-element-cardtype=\"image\" data-element-position=\"feed_4\" data-element-topic=\"risk\" data-element-title=\"A correlation-based framework for market regime detection using Bloomberg MAC3\">\n                        <span class=\"category-link-text\">Risk<\/span>\n                    <\/a>\n                <\/div>\n            <\/div>\n                                        <div class=\"bbg-featured-card bbg-column--width-4 bbg-column--m-width-4\" style=background-color:#f4f4f9; data-element-cardtype=\"image\" data-element-position=\"feed_5\" data-element-pubdate=\"April 14, 2026\">\n                <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/markets\/bridging-global-markets-unlocking-opportunities-in-koreas-evolving-treasury-landscape\/\" target=\"\" rel=\"\" class=\"image\" data-element-cardtype=\"image\" data-element-position=\"feed_5\" data-element-title=\"Bridging global markets: Unlocking opportunities in Korea\u2019s evolving treasury landscape\">\n                    <figure class=\"image__figure\">\n                        <img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"533\" src=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/341097758.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"Seoul skyline\" srcset=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/341097758.jpg 800w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/341097758.jpg 552w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/341097758.jpg 768w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/341097758.jpg 1536w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/341097758.jpg 2048w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/>\n                    <\/figure>\n                <\/a>\n                <div class=\"content\">\n                    <a class=\"eyebrow type-link\" href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/type\/article\/\" data-element-cardtype=\"image\" data-element-type=\"article\" data-element-title=\"Bridging global markets: Unlocking opportunities in Korea\u2019s evolving treasury landscape\" data-element-position=\"feed_5\">Article<\/a>\n                    <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/markets\/bridging-global-markets-unlocking-opportunities-in-koreas-evolving-treasury-landscape\/\" target=\"\" rel=\"\" class=\"title-link\" data-element-cardtype=\"image\" data-element-position=\"feed_5\" data-element-title=\"Bridging global markets: Unlocking opportunities in Korea\u2019s evolving treasury landscape\">\n                        <h3 class=\"title\">Bridging global markets: Unlocking opportunities in Korea\u2019s evolving treasury landscape<\/h3>\n                    <\/a>\n                                        <a class=\"category-link\" href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/category\/markets\/\" data-element-cardtype=\"image\" data-element-position=\"feed_5\" data-element-topic=\"markets\" data-element-title=\"Bridging global markets: Unlocking opportunities in Korea\u2019s evolving treasury landscape\">\n                        <span class=\"category-link-text\">Markets<\/span>\n                    <\/a>\n                <\/div>\n            <\/div>\n                                        <div class=\"bbg-featured-card bbg-column--width-4 bbg-column--m-width-4\" style=background-color:#f4f4f9; data-element-cardtype=\"image\" data-element-position=\"feed_6\" data-element-pubdate=\"April 13, 2026\">\n                <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/financial-services\/asset-allocation-for-alternatives-digital-assets\/\" target=\"\" rel=\"\" class=\"image\" data-element-cardtype=\"image\" data-element-position=\"feed_6\" data-element-title=\"Asset Allocation for Alternatives: Digital Assets\">\n                    <figure class=\"image__figure\">\n                        <img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"531\" src=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/317421465.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"Bitcoin\" \/>\n                    <\/figure>\n                <\/a>\n                <div class=\"content\">\n                    <a class=\"eyebrow type-link\" href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/type\/report\/\" data-element-cardtype=\"image\" data-element-type=\"report\" data-element-title=\"Asset Allocation for Alternatives: Digital Assets\" data-element-position=\"feed_6\">Report<\/a>\n                    <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/financial-services\/asset-allocation-for-alternatives-digital-assets\/\" target=\"\" rel=\"\" class=\"title-link\" data-element-cardtype=\"image\" data-element-position=\"feed_6\" data-element-title=\"Asset Allocation for Alternatives: Digital Assets\">\n                        <h3 class=\"title\">Asset Allocation for Alternatives: Digital Assets<\/h3>\n                    <\/a>\n                                        <a class=\"category-link\" href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/category\/financial-services\/\" data-element-cardtype=\"image\" data-element-position=\"feed_6\" data-element-topic=\"financial-services\" data-element-title=\"Asset Allocation for Alternatives: Digital Assets\">\n                        <span class=\"category-link-text\">Financial Services<\/span>\n                    <\/a>\n                <\/div>\n            <\/div>\n            <\/div>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n<div\n    class=\"bbg-column bbg-column--width-4\"\n    style=\"\"\n    >\n    \n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Trading \/ Execution Management Fixed Income Trading Stage, monitor, trade and allocate Bloomberg\u2019s fixed income trading platform and complete execution management solution provide liquidity, trading functionality and straight-through processing for all fixed income securities, derivatives and futures. One portal, multiple dealers FIT, Bloomberg\u2019s fixed income trading platform, links all available fixed income electronic trading products&hellip;<\/p>\n","protected":false},"author":1857,"featured_media":0,"parent":2603,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_yoast_wpseo_primary_category":"","footnotes":""},"class_list":["post-3612","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fixed Income Trading | Bloomberg Professional Services<\/title>\n<meta name=\"description\" content=\"Bloomberg\u2019s Fixed Income trading platform and execution management solution provides liquidity, trading functionality and straight-through processing\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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