Mauritius Commercial Bank Expands Access to FX Liquidity through Bloomberg’s FX Trading Grid

Port Louis - Mauritius Commercial Bank (MCB), the leading bank in Mauritius and the main entity of MCB Group, has adopted Bloomberg's FX Trading Grid (FXTG), becoming the first Mauritian bank to stream executable FX prices on Bloomberg.

With more than 187 years of history, MCB has evolved into an integrated financial services provider, offering a full range of financial solutions with a strong focus on innovation and digital banking. As part of their eFX strategy, MCB will provide streaming FX liquidity including but not limited to G10 currencies to eligible participants on Bloomberg's regulated trading platforms. This will enable market participants to transact directly against MCB's liquidity, enhancing transparency and enriching the FX ecosystem.

Katharine Furber, Global Head of FX Electronic Trading at Bloomberg, said: "MCB's decision to become a price-making bank is significant. It underscores the Bank's ambition to innovate, utilize advanced technology and bring more choice and transparency to its clients, while also providing Bloomberg trading participants around the world with greater access to G10 liquidity. We are pleased to support MCB as they expand their reach to Bloomberg's global FX community."

Calvin Chirairo, Head of Global Markets Client Coverage, said: "Digitalisation is no longer optional - it's essential. At MCB, we prioritise client experience by enabling fast, confident trade execution. Leveraging advanced technology and platforms like Bloomberg, we offer seamless access to global liquidity, helping clients react swiftly to market movements and optimise their FX strategies."

FXTG is part of Bloomberg's premier multi-bank electronic trading solution, FXGO, which provides access to deep liquidity through real-time pricing, powerful workflow solutions and sophisticated analytics for price takers across the globe to negotiate FX transactions with their bank relationships FXGO allows market participants to prepare, negotiate, execute and settle FX trades seamlessly, supported by Bloomberg's analytics, integration and post-trade capabilities

This collaboration marks an important step in the expansion of electronic trading solutions across Africa for both organisations. It highlights the role of technology in connecting regional banks to global markets, supporting the development of local FX ecosystems, and building a more connected financial community.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more decisions and foster better collaboration.

For more information, Bloomberg.com/company or request a demo.

About Mauritius Commercial Bank
MCB provides retail and corporate banking, trade finance, wealth management, investor-related, leasing and factoring services. MCB has also a growing presence across Africa and other international markets, reinforcing its position as a leading regional financial institution.

Media Contacts Bloomberg, Mona Saleh, [email protected] MCB, [email protected]