Bloomberg Integrates EBS FX Data for Enhanced Currency Benchmarks

Bloomberg will incorporate live transaction data from CME Group's EBS Market platform into its foreign exchange benchmarks, significantly enhancing pricing accuracy across major currency pairs. The partnership grants Bloomberg access to EBS's deep liquidity pool, particularly strong in EUR/USD, USD/JPY, and other G10 currency pairs. This integration aims to provide more robust and representative FX benchmarks for institutional traders and market participants. EBS remains a dominant venue for spot FX trading, processing billions in daily volume across major pairs. The enhanced benchmarks will offer traders improved transparency and more reliable reference rates for portfolio valuation and performance measurement. Market participants expect this development to strengthen price discovery mechanisms and potentially reduce spreads during key fixing windows, benefiting both institutional and retail forex traders globally.