#None #Bloomberg #FX Options #FXGO

Bloomberg Enhances FX Options Trading with New RFQ API

On September 14, 2026, Bloomberg took a significant step in enhancing electronic foreign exchange trading with the launch of its FX Options RFQ (Request for Quote) API on FXGO. This new feature marks a groundbreaking moment in the FX options trading landscape, providing buy-side traders with comprehensive programmatic execution support tailored for FX options—the first of its kind.

With FXGO being an award-winning electronic trading solution, the newly introduced RFQ API allows traders to oversee the entire RFQ process through programming, eliminating the need for manual intervention. This automation covers every aspect of the trading workflow, from submitting trade requests, receiving competitive quotes from dealers, to finalizing deals seamlessly.

The API supports a diverse range of FX options strategies, including both vanilla and exotic options, across both deliverable and non-deliverable currency markets. This functionality connects traders to a vast multi-dealer liquidity pool via a single API connection.

Bloomberg's decision to introduce this robust API stems from a notable surge in demand among systematic hedge funds and asset management firms, which have increasingly sought to integrate programmatic execution capabilities into their trading strategies. Since August 2025, FX options volumes on FXGO have soared by over 58% year-on-year, with hedge funds experiencing a remarkable 75% increase in activity.

Kat Furber, Bloomberg's Global Head of FX Trading (FXGO), explained the rationale behind this launch: “We’ve observed escalating demand from our hedge fund clients on FXGO. Systematic trading firms are pushing to incorporate FX options into their repertoire, seeking the same level of automation that they enjoy in other areas of their operations.” The FX Options RFQ API represents Bloomberg's commitment to serving this growing market, delivering a complete suite of programmatic execution implementations through the entire trade lifecycle, underpinned by comprehensive global liquidity.

Bloomberg's FXGO offers a premier multi-bank trading solution, granting traders access to substantial liquidity sources using real-time pricing, advanced workflows, and sophisticated analytics tools. Furthermore, FXGO encompasses various transaction types, providing streaming price options or RFQs for spot trades, outrights, swaps, Non-Deliverable Forwards (NDFs), deposits, precious metals, and various options across multiple currency pairs and timeframes. The solution is compatible with over 30 top-tier liquidity providers, enhancing order execution through algorithmic solutions.

Beyond trading functionalities, FXGO also integrates seamlessly with third-party order management, treasury management, and accounting systems, facilitating straight-through processing (STP) and creating a streamlined investment workflow that minimizes inefficiencies.

About Bloomberg Electronic Markets

Bloomberg's electronic market solutions are fundamental to trading efficacy in over 175 markets worldwide. Serving more than 9,000 client firms, Bloomberg Electronic Markets boasts unrivaled access to liquidity across different asset classes from over 800 global dealers. This platform is designed to provide market participants with comprehensive lifecycle solutions that prioritize price transparency, analytics, automation, and superior execution capabilities, all backed by Bloomberg’s high-quality multi-asset class data.

Conclusion

The launch of the FX Options RFQ API signifies a transformative development in the FX options trading space, equipping traders with unprecedented automation and efficiency. As demand continues to grow and evolve within the industry, Bloomberg is poised to lead the charge in enhancing programmatic trading solutions.

For further details, visit Bloomberg.com/company or request a demo to explore how Bloomberg can optimize trading strategies.