Tradebook
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Originally founded in 1996 and operating as a subsidiary of Bloomberg L.P., Tradebook was a pioneer in electronic trading. It functioned as an agency-only broker, meaning it did not trade against its clients, focusing instead on providing sophisticated, low-cost, and anonymous execution services across multiple asset classes, including equities, futures, options, and foreign exchange (FX). Its mission was to leverage Bloomberg's data and technology infrastructure to offer powerful trading tools and analytics to a global institutional client base. In 2018, Bloomberg announced the sale of Tradebook to Interactive Brokers, a deal that was completed in 2019, leading to the integration of its clients and technology and the discontinuation of the Tradebook brand as a standalone entity.
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