Bloomberg Executes First Automated JGB Market-on-Close Trade
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Tokyo – October 04, 2026 -- Bloomberg has completed the first fully automated Japanese Government Bond (JGB) Market-on-Close trade, executed through a new workflow aligned to BB3P (Hikene Trading), the reference rate for JGB closing prices.
New workflow combines Bid/Offer List Trading with Rule Builder automation
The automated workflow is available through Bloomberg Electronic Markets and merges Bid/Offer List Trading functionality with Rule Builder, Bloomberg's trade automation tool. Clients can define execution criteria and automate order routing based on predefined conditions, within an integrated order and execution management workflow delivered through TSOX.