Fixed income markets are becoming faster, more fragmented and increasingly automated. Trading desks need technology that supports the full market-making and execution lifecycle, from pricing and liquidity sourcing to execution, hedging and risk management.
Bloomberg Trade EMS (TEMS) delivers low-latency execution, global connectivity, co-location infrastructure and a flexible API architecture that enables firms to integrate proprietary models, workflows and IP.
Supporting D2D and D2C workflows across Credit, Rates, Repo, Munis, IRS and more, TEMS brings together Bloomberg’s trusted data, analytics and execution technology in an integrated system built for modern banks and broker-dealers.
Fast and scalable trade execution
With execution speeds measured in microseconds, TEMS delivers the low-latency performance your traders need to win in highly competitive markets. Our Greyspan co-location and hosting services deliver enterprise grade reliability across asset classes and venues.
Seamless integration and automation
With modular, API-first architecture, TEMS integrates effortlessly with Bloomberg’s risk, compliance and order management systems, as well as proprietary and third-party solutions, for a unified trading workflow. Low-code automation simplifies complex processes.
Trusted data and analytics
Bloomberg’s real-time and reference data and sophisticated analytics are integrated with TEMS, helping your traders to achieve smarter execution on every trade.
Comprehensive support
Built, maintained and supported by the industry leader in financial solutions, TEMS comes with the high levels of enterprise security, compliance, and 24-hour support the world’s top trading institutions value.
Designed to deliver automation and control at every step of the fixed income trading workflow
Trading
Aggregate liquidity, optimize order routing and execution in microseconds.
Pricing and distribution
Accelerate pricing and quoting with advanced rules and real-time adjustments.
Risk and credit
Simplify your risk modeling, hedge management and exposure controls.
Trade management
Streamline post-trade processing and regulatory reporting.
Connectivity
Access markets via FIX and API integrations with counterparties, venues and data sources.
One connected execution workflow
Modern trading depends on more than fast execution. TEMS connects pricing, distribution, execution and hedging into a single workflow, reducing manual handoffs while improving consistency, automation and control across the trade lifecycle.
Price
Create real-time, data-driven prices using Bloomberg data, analytics, client rules and trader inputs. Generate consistent pricing across securities, desks and workflows while maintaining control over how prices are adjusted and distributed.
Distribute
Control how prices and axes are published across venues, clients and internal channels with configurable workflows. Manage where liquidity is shown, how quotes are adjusted and when distribution should be paused or updated.
Execute
Automate RFQ workflows while remaining in complete control using configurable rules, smart routing and exception management. Respond to RFQs, route orders and execute trades with low-latency workflows built for competitive fixed income markets.
Hedge
Connect execution activity directly to your hedge workflows. Configure rules and automate order routing to respond quickly and efficiently, while retaining control over how and where exposures are hedged.
Discover the unique power of the TOC
At the heart of TEMS is the TOC, Bloomberg’s application aggregation platform and workflow engine built for high-performance messaging, workflow automation and enterprise-scale connectivity. The TOC enables your trading desk to process more market activity in less time and scale with confidence.
- Low-latency performance at enterprise scale
- Flexible API architecture and interoperability
- Workflow automation across the execution lifecycle
- Integrated Bloomberg data and analytics
- Built for institutional trading environments
Experience next-generation fixed income execution
When the trade that will make your day – and make your number – hits your blotter, you need the new fixed income EMS that will make sure you win it. Bloomberg Trade EMS gives bond, credit and rates traders a winning edge in low-latency fixed income markets.
Global co-location and hosting solution built for modern trading
Our Greyspan global co-location and hosting solution brings trading systems closer to markets while delivering the low latency, resilience and operational support firms need to execute with confidence across the world's leading financial centers.
