Bloomberg Tradebook LLC has partnered with Eurex to enhance access to off-book trading for market participants. This collaboration enables Bloomberg Tradebook users to connect with Eurex member banks and market makers within a central counterparty (CCP) framework using the Bloomberg Tradebook front-end.
The integration eliminates the need for tri-party give-up agreements when engaging with Eurex market makers. It covers all equity options and futures traded on Eurex, as well as foreign exchange derivatives.
Electronification of European off-book trading
Eurex Enlight’s connectivity through Bloomberg Tradebook aims to bring greater electronification to European off-book trading. Market participants can now manage their flow with more direct control, while Eurex market makers benefit from improved access without incurring additional costs. The initiative is expected to foster tighter spreads and greater participation in the market.
Firms using both platforms will experience seamless workflow integration, maintaining existing clearing relationships while benefiting from enhanced trade execution. Customizable request-for-quote (RFQ) functionalities allow traders to manage trade visibility and anonymity. The connectivity supports off-book trading, enabling participants to execute large orders while minimizing information leakage.
André Eue, head of market development and pricing at Eurex, said, “Direct access to Enlight through Bloomberg Tradebook represents a major step forward in providing market participants with greater efficiency, cost savings, and control in off-book trading. We’re pleased to be working with Bloomberg and look forward to continuing to provide clients with tools that enable them to efficiently and effectively identify new trading opportunities.”
Brian Coffaro, global head of futures and options trading at Bloomberg, said, “The connectivity between Eurex and the Bloomberg Tradebook front end enables us to deliver a more streamlined trading workflow to our mutual clients. As market participants explore different ways to trade, Bloomberg is focused on providing them with access to robust trading tools alongside our leading data and analytics to help them efficiently find the other side of their trades at the best available price.”
Bloomberg Tradebook is part of Bloomberg Electronic Trading, which facilitates transactions in more than 175 markets worldwide. Over 9,000 client firms use Bloomberg Electronic Trading to tap into liquidity from more than 1,500 dealers across various asset classes. The platform offers price transparency, analytics, automation, and execution tools powered by Bloomberg’s multi-asset class data solutions.
Eurex expands ESG derivatives while Bloomberg advances crypto analytics
Eurex has continued expanding its environmental, social, and governance (ESG) derivatives portfolio, launching new products linked to the MSCI Climate Action Index. The exchange has seen record growth in ESG derivatives, reflecting increased demand for sustainable investment solutions. Eurex’s new climate-focused contracts aim to support institutional investors seeking alignment with EU sustainability regulations.
Bloomberg has enhanced its digital asset risk management capabilities with the launch of Digital Asset Exposure Analytics. The tool provides real-time transparency into cryptocurrency exposure within funds, ETFs, and equities. Asset managers can now assess crypto-related holdings using Bloomberg’s proprietary data models, which integrate blockchain transaction analysis.
Bloomberg also expanded its fixed-income analytics in early 2025, incorporating AI-driven models to enhance credit risk assessments. The updates provide institutional investors with real-time insights into bond market liquidity and issuer default risks.
