Bloomberg has announced an expansion of its electronic trading capabilities for the Australian markets, enabling eligible onshore participants to electronically negotiate Australian-listed exchange-traded funds (ETFs) using Bloomberg’s Request-for-Quote (RFQe) workflow, alongside options and futures, following a variation amendment by the Australian Securities and Investments Commission (ASIC).

The first transaction has been facilitated using the RFQe workflow.

Building on Bloomberg’s established Electronic Markets offering, the rule amendment enables the extension of Bloomberg’s Request-for-Quote (RFQe) workflow to include Australian-listed products. Eligible participants can now access domestic and offshore ETF markets through a single, auditable trading experience with minimal onboarding.

“Australia’s exchange-traded fund markets continue to grow as investors increasingly adopt ETFs across a broader range of investment strategies,” said Ben Pool, Head of Australia and New Zealand at Bloomberg. “Extending our RFQ workflow to Australian-listed ETFs, options and futures broadens market access while giving eligible participants a consistent trading experience across domestic and global markets.”

The expanded capability provides access to competitive multi-dealer liquidity through an electronic RFQ process, replacing workflows that have traditionally relied on voice, messages or other manual methods. The workflow integrates with Bloomberg’s EMSX and AIM while providing a complete electronic audit trail.

Supporting investment, hedging and portfolio management strategies, the enhancement brings together three key Australian listed asset classes, helping firms simplify trading workflows.

The announcement also builds on Bloomberg’s broader ETF offering in Australia, where the ETF markets have grown significantly. Together with BSKT, Bloomberg’s ETF creation and redemption solution, Bloomberg supports the full ETF lifecycle from basket management and creation/redemption to secondary market trading and execution.