Bloomberg Electronic Markets Brings Automation to its Japanese Government Bond Market-on-Close Functionality
- Bloomberg announced the first successful fully automated Japanese Government Bond Market-on-Close trade after introducing a new workflow.
- The workflow is aligned with BB3P, the Japanese Government Bond Market-on-Close reference rate, and aims to reduce tracking error while ensuring execution at a set closing time.
- Bloomberg Electronic Markets combines Bid/Offer List Trading with Rule Builder to automate order routing through TSOX based on client-defined conditions.
- The workflow expands Bloomberg’s Market-on-Close service, which also supports U.S. Treasuries, Canadian government bonds, U.K. Gilts, and European government bonds.
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Bloomberg Electronic Markets Brings Automation to its Japanese Government Bond Market-on-Close Functionality
TOKYO, Oct. 4, 2026 /PRNewswire/ -- Bloomberg announced the first successful fully automated Japanese Government Bond (JGB) Market-on-Close trade, following the introduction of a new workflow. Aligned to BB3P (Hikene Trading), the Market-on-Close reference rate for JGBs, the automated workflow…
Bloomberg automates Japanese government bond market-on-close trading
Bloomberg has introduced an automated workflow for Japanese Government Bond (JGB) Market-on-Close trading, completing what it says is the first fully automated JGB trade using the functionality.The new workflow is aligned with BB3P, the Hikene Trading reference rate used for JGB Market-on-Close transactions, and is designed to give investors greater certainty around execution at a specified market close while reducing tracking error.The function…
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