Bloomberg Adds End-to-End FX Options RFQ Workflow

Bloomberg has announced the launch of an FX options RFQ API on its FXGO trading solution, bringing, the firm says, end-to-end programmatic RFQ trading to the platform for the first time.

The launch builds on the recent release of the Python-API FX options ticket launcher, and means, Bloomberg says, that buy-side traders can now run the entire RFQ workflow programmatically, from submitting a trade request and receiving competing dealer quotes, to completing the deal, with no manual steps required at any stage.

The launch covers vanilla and exotic FX options strategies across deliverable and non-deliverable currency markets and connects clients to FXGO’s multi-dealer pool of liquidity providers through a single API.

Bloomberg says it introduced the new offering to meet increased demand from systematic hedge funds and asset managers seeking to extend programmatic execution support into derivatives. It adds that it recorded more than 58% year-on-year growth since August 2025 in FX options volumes on FXGO, with hedge fund activity up more than 75%.

“We’ve seen rising demand across hedge fund clients on FXGO, and systematic firms are increasingly pushing into FX options, demanding the same end-to-end RFQ automation they have elsewhere in their workflow,” says Kat Furber, Bloomberg’s global head FX trading (FXGO) at Bloomberg. “The FX Options RFQ API is FXGO meeting that demand, giving buy-side firms complete programmatic execution support across the entire trade lifecycle, backed by the full depth of our global liquidity.”