BlackRock, Inc.NYSE: BLK

Bloomberg Electronic Markets Bring Full Programmatic Execution Support to FX Options Trading

· Issued by BlackRock, Inc. via PR Newswire

Summary by 6ix AI

Bloomberg launched its FX Options RFQ API (software access for request-for-quote trading) on FXGO, its electronic foreign exchange trading platform, on September 14, 2026. Bloomberg says buy-side traders (such as hedge funds and asset managers) can now run the entire RFQ workflow by software, from submitting a trade request and receiving competing dealer quotes to completing the deal, with no manual steps.

Key details

  • The service covers standard (vanilla) and more complex (exotic) FX options strategies in deliverable and non-deliverable currency markets, and connects clients to FXGO's pool of multiple dealers through a single connection.
  • Bloomberg says this brings end-to-end automated request-for-quote trading to buy-side FX options for the first time.
  • Bloomberg says it introduced the service to meet increased demand from systematic hedge funds and asset managers. It says FX options volumes on FXGO grew more than 58% year on year since August 2025, with hedge fund activity up more than 75%.
  • The launch builds on FXGO's recently released Python-API FX Options ticket launcher, a tool for opening FX options trade tickets using the Python programming language. FXGO is part of Bloomberg Electronic Markets.

6ix AI wrote this summary from the release below and checked it against the release.

LONDON, Sept. 14, 2026 /PRNewswire/ -- Bloomberg today launched its FX Options RFQ API on FXGO, its award-winning electronic foreign exchange trading solution. FXGO is part of Bloomberg Electronic Markets, and the introduction of this new offering brings end-to-end programmatic RFQ trading to the buy-side FX options market for the first time.

Building on the popularity of FXGO's recently released Python-API FX Options ticket launcher, buy-side traders can now run the entire RFQ workflow programmatically, from submitting a trade request and receiving competing dealer quotes, to completing the deal, with no manual steps required at any stage.

The launch covers vanilla and exotic FX options strategies across deliverable and non-deliverable currency markets and connects clients to FXGO's multi-dealer pool of liquidity providers through a single API.

Bloomberg introduced its FX Options RFQ API to meet increased demand from systematic hedge funds and asset managers seeking to extend programmatic execution support into derivatives; Bloomberg recorded more than 58% year-on-year growth since August 2025 in FX options volumes on FXGO, with hedge fund activity up more than 75%.

"We've seen rising demand across hedge fund clients on FXGO, and systematic firms are increasingly pushing into FX options, demanding the same end-to-end RFQ automation they have elsewhere in their workflow," commented Kat Furber, Bloomberg's Global Head FX Trading (FXGO) at Bloomberg. "The FX Options RFQ API is FXGO meeting that demand, giving buy-side firms complete programmatic execution support across the entire trade lifecycle, backed by the full depth of our global liquidity."

Bloomberg's FXGO is the premier multi-bank FX trading solution providing access to deep liquidity through real-time pricing, powerful workflow solutions and sophisticated analytics for price takers across the globe to negotiate FX transactions with their bank relationships. FXGO provides streaming or RFQ for spot, outrights, swaps, NDFs, deposits, precious metals and options across a multitude of currency pairs and tenors, along with access to algorithmic order solutions offered by more than 30 top providers. FXGO also integrates with multiple third-party order management, treasury management and accounting systems and facilitates straight-through processing (STP) in a variety of flexible formats, creating a seamless and efficient investment workflow.

About Bloomberg Electronic Markets
Bloomberg's Electronic Markets solutions are used by leading financial institutions to trade efficiently in over 175 markets around the world. More than 9,000 client firms use Bloomberg Electronic Markets to access industry-leading depth and breadth of liquidity across asset classes from over 800 dealers globally. Bloomberg Electronic Markets provides market participants with comprehensive solutions across the trading lifecycle, including robust price transparency, analytics, automation and execution, powered by Bloomberg's high-quality, multi-asset class data and tools.

FX options are traded via the multilateral trading facilities (BMTF & BTFE) offered by Bloomberg Trading Facility Limited and Bloomberg Trading Facility BV and via the market (BTBS) operated by Bloomberg Tradebook Singapore Pte Ltd.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration.

For more information, visit Bloomberg.com/company or request a demo.

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