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Bloomberg Tradebook, the company’s global agency brokerage business, has disclosed its volumes for its exchange-traded-fund (ETF) Request for Quote (RFQ) service, which secured a sizable advance YoY, according to a Bloomberg statement.
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Bloomberg Tradebook’s ETF RFQ service caters to retail traders, which helps anonymously source block liquidity on ETFs from liquidity providers across the US and Europe. After launching over two years ago, Bloomberg has managed to extend its services to over 250 firms.
One of the stimuli behind the growth ... (read more)