Bloomberg Launches FX Options RFQ API on FXGO, Enabling Full Programmatic Execution | LeapRate
Bloomberg has launched its FX Options RFQ API on FXGO, its electronic foreign exchange trading platform, marking the first time end-to-end programmatic RFQ trading has been made available to the buy-side FX options market.
The new offering builds on FXGO’s previously released Python-API FX Options ticket launcher, allowing buy-side traders to run the entire RFQ workflow programmatically. This covers the full trade lifecycle, from submitting a trade request and receiving competing dealer quotes through to completing the deal, without requiring manual steps at any stage.
The API supports vanilla and exotic FX options strategies across both deliverable and non-deliverable currency markets, and connects clients to FXGO’s multi-dealer liquidity pool through a single interface.
Bloomberg said the launch responds to growing demand from systematic hedge funds and asset managers looking to extend programmatic execution into derivatives trading. The company reported FX options volumes on FXGO grew more than 58% year-on-year since August 2025, with hedge fund activity rising over 75% in the same period.
Kat Furber, Bloomberg’s Global Head of FX Trading for FXGO, said the firm had observed increasing demand from hedge fund clients and systematic firms pushing further into FX options, seeking the same automated RFQ capabilities already established elsewhere in their trading workflows.
She said the new API was designed to meet that demand by offering complete programmatic execution support across the trade lifecycle, supported by Bloomberg’s liquidity network.
FXGO offers streaming and RFQ execution across spot, outrights, swaps, NDFs, deposits, precious metals and options, and integrates with third-party order management and accounting systems to support straight-through processing.
