Bloomberg Chosen as Trading Platform for Singapore Bonds
Singapore (ots/PRNewswire)
- Bloomberg is the Primary Bond System in Asia
SINGAPORE, December 6 /PRNewswire/ --
The Monetary Authority of Singapore has chosen Bloomberg to provide the inter-dealer trading platform for the Singapore Government Bond. All Singapore Primary Bond Dealers will use the Bloomberg platform to transact bonds electronically, beginning in 2005.
All users of the Bloomberg terminal, both in Singapore and internationally, will be able to see complete trading information for this market. The average daily trading volume in Singapore Government Bonds is SGD 2.6 billion.
"Bloomberg is honored to be chosen as the trading vehicle for the Government of Singapore," according to Guy Mock of Bloomberg. "Bloomberg's state-of-the-art trading platform, real-time data, comprehensive analytics and 24 hour global customer support will facilitate greater efficiency and transparency in the market and increase inter-dealer bond trading in these securities. As the primary bond system used across the Asia Pacific region, Bloomberg is strengthening our customers' access to this market. This is the latest step forward for Bloomberg's comprehensive service of integrated trading, market data, analytics, prices and news."
Bloomberg will support advanced functionality such as automated request for quotes and anonymous electronic trading. The system is entirely integrated into the analytic functionality of the Bloomberg terminal and the Bloomberg Trade Order Management System, giving Bloomberg users complete straight through processing in one comprehensive package.
About Bloomberg
Bloomberg is the leading global provider of news, data and analysis. The BLOOMBERG TERMINAL and Bloomberg's news services provide reporting, analytics, real-time and historical pricing, indicative data, multimedia events and electronic communications 24 hours a day to corporations, news organizations, financial professionals and individuals around the world. Bloomberg's media services include BLOOMBERG NEWS(R), the global news service that includes more than 1,800 journalists in 102 bureaus worldwide; BLOOMBERG TELEVISION(R), the 24-hour business and financial network produced and distributed worldwide on 10 separate channels in seven languages; and BLOOMBERG RADIO(SM), which provides up-to-the-minute news on XM, Sirius and WorldSpace satellite radio around the world and on WBBR 1130AM in New York. In addition, Bloomberg Magazine Group and Bloomberg Press publish magazines and books for investment professionals. BLOOMBERG TELEVISION and BLOOMBERG RADIO are syndicated to more than 800 affiliates worldwide. For more information please visit www.bloomberg.com.
Contact:
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