Philippines bankers partner Bloomberg on FX initiatives

Bloomberg has been selected as the calculation agent for USD/PHP and bankers will use FXGO for spot trading

wood-partners
In partnership: liquidity from the spot FX and forwards markets will now be on a single platform

The Bankers Association of the Philippines has appointed Bloomberg as the new calculation agent for the dollar/peso spot reference rate – one of several initiatives the two will undertake to expand the country’s foreign exchange market.

The firms announced the partnership on April 2, stating Bloomberg will calculate the USD/PHP spot reference rate, based on trades carried out by BAP member banks. The results will be available on the BAP website and Bloomberg Terminal.

Prior to Bloomberg, BAP

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: