Bloomberg Index Services Limited (BISL) announced an agreement with CME Group to include EBS Market's Spot FX transactions in its Bloomberg FX Fixings (BFIX) offering. This collaboration expands the data sources for BFIX, enhancing the transparency and accuracy of spot FX data. It integrates a key liquidity provider into a widely used benchmark.
The inclusion of EBS Market transactions reinforces the importance of CME Group's platforms in global foreign exchange markets. EBS is a leading electronic trading platform for spot FX, and its data contributes significantly to market price discovery. This partnership benefits market participants by providing a more comprehensive view of FX liquidity.
This agreement is a strategic move that strengthens CME Group's position in the foreign exchange market data landscape. It highlights the value of EBS Market's transaction data for financial benchmarks. The enhanced BFIX offering will support more informed trading and risk management decisions for global FX participants.
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