Bloomberg – New York – Bloomberg announced the launch of a new electronic trading platform for municipal securities accessible via the Bloomberg Professional service. Muni Bids Wanted {MBW <GO>} is a list trading application that allows Bloomberg users to electronically submit a bids wanted list of municipal securities to dealers for execution. This new capability provides clients consolidated liquidity and trading, as well as straight-through processing to automate the trading of municipal bonds.
The platform provides asset managers with three methods to stage muni bids wanted requests. While it’s still possible for users to manually enter securities or drag and drop a list from their OMS to a spreadsheet, the platform provides full integration with Bloomberg’s Fixed Income Execution Management System (TSOX) and order management systems, including Bloomberg’s AIM, allowing users to stage the list for straight-through processing.
“As the popularity of separately managed accounts continues to grow, clients have requested automated, electronic processing tools for munis,” said Nicholas Bean, Head of Product, Fixed Income Trading at Bloomberg. “MBW addresses this need with an unprecedented level of efficiency, allowing traders to execute lists in minutes.”
Muni Bids Wanted {MBW <GO>} is seamlessly integrated into the dealer’s interface on Bloomberg {MBWD <GO>}, helping traders meet “best execution” requirements put into effect by the Municipal Securities Rulemaking Board in March 2016. The platform maintains trade data and history, allowing users to efficiently manage their workflow and reference previous information.
“Our research shows more than half of investors now trade municipal bonds electronically,” said Kevin McPartland, Head of Market Structure & Technology Research at Greenwich Associates. “This increased demand is driving market participants to seek solutions that streamline and help manage the trading process.”
To learn more about Bloomberg’s muni trading platform, visit {MBW <GO>} on the Bloomberg Professional service.
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150
Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.
As the digital assets industry pushes toward
Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:
$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.
Related articles
-
This provides a platform for ICE and CBI to explore opportunities to develop new solutions.
-
Framework is designed to make corporate bonds more accessible to retail investors.
-
Existing infrastructure will be combined with Canton's blockchain technology.
-
KfW will test new ways of payment processing in central bank funds during the transaction.
-
Activity during the first quarter largely reflects transactions completed in the first two months.