NEW YORK and ROSARIO, Argentina, March 6, 2018 /PRNewswire/ -- Argentina's ROFEX and Primary have integrated Bloomberg's Execution Management System (EMSX) into their electronic trading platform (PTP - Primary Trading Platform).
PTP--the trading platform developed by Primary, a technology company of the ROFEX group--offers order management system (OMS) functionality and pre-trade risk controls, allowing investors Direct Market Access (DMA).
The connection between PTP and Bloomberg EMSX simplifies access to futures and options contracts listed and traded at ROFEX, for customers around the globe. Users are able to send and execute offers electronically directly through ROFEX.
Bloomberg EMSX is a multi-asset/multi-broker trading platform that allows users to route orders to more than 6,000 destinations, and supports algorithmic trading. EMSX integrates news, indications of interest (IOI) and analysis of market and portfolio in real-time in an adaptable environment that allows users to analyze and monitor the quality of execution and improve their trading decisions.
"Bloomberg's technology will enable us to reach a selected group of international customers and facilitate their trading of ROFEX listed products. We are always looking to expand the front ends available on our platforms, and adapt them to the needs of different investors," said Ismael Caram, Deputy General Manager of ROFEX.
"Foreign investors that already have the Bloomberg platform can now route orders directly to ROFEX Argentina," said Belen Lopez Dupuy, Commercial Manager of LBO. "This integration represents another step forward, connecting the futures and options traded at ROFEX to world markets."
"This launch is very important for Global Agro Broker, and is the result of many years of work," said Sebastian Porcel, Director of Global Agro Broker. "Today, Bloomberg EMSX users around the world can access the local market. We are confident that this tool will allow us to continue consolidating our position in the market as leaders in the provision of liquidity and execution."
Bloomberg's head of South American sales, Geraldo Coelho, added, "ROFEX should be lauded for using the latest technology for trading and price discovery. Bloomberg is proud to play a role in expanding Argentina's connections with world markets and the global investment community."
About ROFEX
ROFEX was founded in 1909 and is the leading market of futures and options in Argentina, focused on the creation of innovative products for resellers and investors. According to the annual ranking from the Futures Industry Association (FIA) ROFEX is positioned in the 23rd place worldwide within the future and options market, and second in Latin America. Its future dollar contract is 6th in the world ranking. ROFEX has a strong technological core, promoting dynamic and agile information within the different industry actors, locally and internationally. More information at http://www.rofex.com.ar
About Bloomberg
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company's strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Terminal. Bloomberg's enterprise solutions build on the company's core strength: leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. For more information, visit Bloomberg.com/company or request a demo.
SOURCE Bloomberg
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