Kepler Cheuvreux Execution Services (KCx) is now live as a broker on Bloomberg Tradebook’s PAIR solution. This development opens up new avenues for traders, as they can now seamlessly execute multi-currency pair trades with KCx, navigating complex arbitrage strategies with efficiency and precision.
As a PAIR broker on Bloomberg Tradebook, KCx now provides clients the ability to execute a variety of strategies for pair trades creating a compelling proposition for traders seeking to optimise their strategies, resulting in improved market impact savings. In addition, clients benefit from an enhanced trading experience as the PAIR GUI seamlessly integrates with a host of EMS providers including Bloomberg EMSX.
KCx’s role as a dealer on Bloomberg Tradebook exemplifies a commitment to excellence, innovation, and providing clients with the tools they need to thrive in dynamic markets. As the financial industry continues to evolve, collaborations such as this will help setting new standards for efficiency, reliability, accessibility, and performance.
Bobbie Port, Head of Electronic Distribution at KCx, stated: Having successfully concluded the integration project with Bloomberg, we are now happy to embark on a close collaboration with our clients. 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. We look forward to leveraging these advancements to enhance our clients’ trading experiences.