Standard Chartered Partners with Bloomberg to Introduce Electronic Trading Workflow for Korea Treasury Bonds

The leading multinational banking and financial services company Standard Chartered today announced its strategic partnership with Bloomberg to introduce an electronic trading workflow for Korea Treasury Bonds. This enables investors to efficiently access global and domestic sources of liquidity on the Bloomberg Terminal. 

As detailed in the official release, investors are able to stage, monitor, trade, process and allocate Korea Treasury Bond trades in a fully electronic workflow via Bloomberg’s Electronic Trading (ET) offering. The workflow allows for Korea’s Investor Registration Certificates (IRCs) to be captured and conveyed at each stage of the trade life cycle.

To mark this launch, the first fully electronic trade was successfully performed on Bloomberg between two major international participants in Korea Treasury Bonds – Standard Chartered and a global buy-side investor.

The electronic trading of Korea Treasury Bonds on Bloomberg is now simpler and faster for foreign investors to access the local market. They undertake a one-time setup of IRC, which was previously sent manually on each trade request. Subsequently, clients can request quotes and communicate IRCs to multiple dealers on an integrated workflow, then seamlessly allocate the trade in a single submission.