Commission Management

Our CMS offering automates an otherwise labor-intensive and time-consuming task and offers a dedicated CMS consultant who can address any immediate concerns. Customers can leverage client commission arrangements/commission sharing arrangements (CCAs/CSAs) to reduce overall costs and achieve operational efficiencies.

Whether you are a large buy-side asset manager needing to streamline billing operations or a mid-tier company focused on making every commission dollar count, Bloomberg Tradebook Commission Management Services helps you effectively manage your relationships with different brokers and research providers through a single portal and payment platform—with no additional fees. Our no-fee broker aggregation model helps clients trade with other brokers within our network through a single point of contact, while our vendor aggregation model simplifies billing and payment through an online portal.

Commission Sharing Arrangements/Client Commission Arrangements (CSA/CCA)

Bloomberg Tradebook’s Commission Management Portal is a “one-stop shop” for managing commissions. Once the CMS agreement is executed, individual access can be obtained within four business days.

Features & Benefits

• Create, monitor, and administer budgets by broker, asset class, and research provider
• Process payments quickly
• View scanned images of past paid invoices along with historic payment details broken down by research provider and date
• Download execution level trading details, giving you complete transparency in your commission detail breakdowns
• Access through the Bloomberg Professional® service

Enterprise Services

The enterprise program is designed for customers who do a significant amount of business with Bloomberg and are looking to maximize their commission spend. We have a dedicated team working with Tradebook’s customers to simplify and streamline their overall Bloomberg experience, which can involve a number of departments and stakeholders throughout the company.

Part of the program involves understanding the totality of business that a client is doing with Bloomberg and working with a Tradebook consultant to discover additional ways to drive efficiencies and create value. Proactively working with customers to apply earned credits to their accounts based on their trading activity with Bloomberg Tradebook is just one way that we are addressing our clients’ needs.

Typically, this is a strategic discussion that happens with those who have P&L responsibilities—from institutional traders to the Heads of Desk to the CFO. By working closely together and understanding our customers’ needs, we are able to suggest solutions that deliver the most value given their objectives and time horizons.

Features & Benefits

Maximize Commission Spend – Partner with Bloomberg Tradebook to ensure that you are getting the most from your overall Bloomberg relationship.

Increased Flexibility – Provide flexible options to new terminal customers as they accrue trading credits, including custom payment options based on a holistic view of the Bloomberg relationship.

Efficient Operations – Optimize workflow, reduce touch points, and streamline operations by automatically applying earned credits to your account.

Personal Service – Access dedicated CMS contact providing personalized service and rapid billing assistance.

Accommodation Policy

The Accommodation Policy is a program that enables Tradebook customers to leverage commissions to pay for Bloomberg products, including terminals, data, and order management systems. We partner with our customers to create flexible and customized solutions that address and augment their efforts to reduce costs while utilizing an array of Bloomberg products.

Commission Management Portal

Bloomberg Tradebook’s commission management portal can be accessed below by those clients who are already enabled:

Access Portal

For those Tradebook clients who would like to manage trade commissions in a central repository and are not yet enabled, please contact a representative in trading support/operations:

Phone:
New York +1 212 617 7070
London +44 20 7330 7099
Singapore +65 6212 9798