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What's New In Investments, Funds? – BlackRock, Luma, BNP Paribas

Editorial Staff

14 June 2023

BlackRock
to its roster of issuers.

As part of the agreement Luma will be connected to the BNP Smart Derivatives API, allowing users to access automated pricing from BNP Paribas. Luma users can view BNP Paribas’ indicative and final term sheets as well as regulatory documentation, fed automatically from the Smart Derivatives API.

Trades can be confirmed automatically by BNP Paribas via Luma’s online trade workflow.

“BNP Paribas is one of the leading market makers globally employing a technology-first approach in creating and issuing structured products,” David Wood, managing director of Luma’s International Business, said. 

Launched in 2011, US-based Luma is used by broker/dealer firms, RIA offices and private banks. Based in Cincinnati, Ohio, Luma also has offices in New York and Zurich, Switzerland.