Broadridge helps Bloomberg Tradebook go self-clearing
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Broadridge helps Bloomberg Tradebook go self-clearing 25 June 2013Lake Success, NY Reporter: Georgina Lavers
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Bloomberg Tradebook, the global agency broker service of Bloomberg LP, has adopted Broadridge Financial Solution’s business process outsourcing solutions to provide US equities clearance and settlement services for its institutional clients.
Bloomberg Tradebook serves buy-side and sell-side financial firms with trading solutions for global equities, futures, options and FX trading.
“Moving to self-clearing furthers Bloomberg Tradebook’s evolution from providing execution only to offering execution everything,” said Ray Tierney, president and CEO of Bloomberg Tradebook.
“Broadening the services we can deliver to our clients enhances our value proposition and furthers our commitment to partner with our clients on both the buy-side and sell-side.”
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