Kepler Cheuvreux Execution Services (KCx) has gone live as a broker on Bloomberg Tradebook’s PAIR solution.
The move will enable traders to execute multi-currency pair trades with KCx, navigating arbitrage strategies with better precision and efficiency.
As a PAIR broker on Bloomberg Tradebook, KCx offers clients the ability to execute a variety of strategies for pair trades, helping traders optimise their strategies and achieve improved market impact savings.
Clients will also benefit from an improved trading experience given that the PAIR GUI integrates with a variety of EMS providers, including Bloomberg EMSX.
KCx’s role as a dealer on Bloomberg Tradebook emphasises its commitment to innovation and providing clients with the tools they need to thrive in dynamic markets.
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“Having successfully concluded the integration project with Bloomberg, we are now happy to embark on a close collaboration with our clients,” said Bobbie Port, head of electronic distribution at KCx.
“Addressing the complexities and risks of directly inputting pair trading strategies into an algorithm, PAIR is specifically designed to mitigate concerns associated with the selection of incorrect parameters—a historical challenge that led traders to resort to manually routing pair strategies.”