Bloomberg Enhances Price Function For Tradebook Trading System

TRADING LINKS

NEW YORK--This week, Bloomberg plans to add a feature to its Tradebook electronic communications network that will let institutional traders set a range of prices that they are willing to accept but only display to the market the price that is most favorable to them.

Called discretion, the feature builds upon the reserve function that is already part of Tradebook. The ECN's institutional clients will be able to use it by Monday, May 18, according to Kevin Foley, the company's manager of

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