Bloomberg LP London

Bloomberg Chosen as Trading Platform for Singapore Bonds

    Singapore (ots/PRNewswire) -

    - Bloomberg is the Primary Bond System in Asia

SINGAPORE, December 6 /PRNewswire/ --

    The Monetary Authority of Singapore has chosen Bloomberg to provide the  inter-dealer trading platform for the Singapore Government Bond. All  Singapore Primary Bond Dealers will use the Bloomberg platform to transact  bonds electronically, beginning in 2005.

    All users of the Bloomberg terminal, both in Singapore and internationally, will be able to see complete trading information for this  market. The average daily trading volume in Singapore Government Bonds is  SGD 2.6 billion.

    "Bloomberg is honored to be chosen as the trading vehicle for the Government of Singapore," according to Guy Mock of Bloomberg. "Bloomberg's  state-of-the-art trading platform, real-time data, comprehensive analytics  and 24 hour global customer support will facilitate greater efficiency and  transparency in the market and increase inter-dealer bond trading in these  securities. As the primary bond system used across the Asia Pacific region,  Bloomberg is strengthening our customers' access to this market. This is  the latest step forward for Bloomberg's comprehensive service of integrated  trading, market data, analytics, prices and news."

    Bloomberg will support advanced functionality such as automated request  for quotes and anonymous electronic trading. The system is entirely  integrated into the analytic functionality of the Bloomberg terminal and  the Bloomberg Trade Order Management System, giving Bloomberg users  complete straight through processing in one comprehensive package.

    About Bloomberg

    Bloomberg is the leading global provider of news, data and analysis.  The BLOOMBERG TERMINAL and Bloomberg's news services provide reporting,  analytics, real-time and historical pricing, indicative data, multimedia  events and electronic communications 24 hours a day to corporations, news  organizations, financial professionals and individuals around the world.  Bloomberg's media services include BLOOMBERG NEWS(R), the global news  service that includes more than 1,800 journalists in 102 bureaus worldwide; BLOOMBERG TELEVISION(R), the 24-hour business and financial network produced and distributed worldwide on 10 separate channels in seven languages; and BLOOMBERG RADIO(SM), which provides up-to-the-minute news on  XM, Sirius and WorldSpace satellite radio around the world and on WBBR  1130AM in New York. In addition, Bloomberg Magazine Group and Bloomberg  Press publish magazines and books for investment professionals. BLOOMBERG  TELEVISION and BLOOMBERG RADIO are syndicated to more than 800 affiliates  worldwide. For more information please visit www.bloomberg.com.

ots Originaltext: Bloomberg LP London
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