Thomson Reuters Creates Access to Largest Collective Independent Pool of FX Liquidity via a Single Desktop
(Thomson Reuters ONE) -
Thomson Reuters integrates all of its FX transaction venues into next-generation
FX Trading desktop to streamline access to liquidity for the FX community;
includes advanced portfolio order management system for buy-side participants
NEW YORK/LONDON, November 9, 2015 - Thomson Reuters has brought together all of
its FX transaction venues onto one platform to create a single point of access
to the industry's largest collective independent pool of FX liquidity. Thomson
Reuters request for stream service (FXall QuickTrade), continuous streaming
prices (Bank Stream), central limit order books (Matching, Order Book) and
conversational dealing platform (Dealing) have now all been fully integrated
into the company's next-generation desktop solution FX Trading.
FX professionals using FX Trading will now have access to liquidity venues that
over the past 12 months have facilitated a collective average daily trading
volume of $367bn*. They also gain access to new order types such as Peg, TWAP
and Icebergs which give traders greater flexibility and choice in execution.
Enhanced post-trade capabilities are provided with the integration of Thomson
Reuters Trade Notification (TRTN) which offers a post-trade network of over 100
publishers and 1,000 receivers.
To help meet the needs of buy-side users and their providers, FX Trading now
incorporates the advanced FXall portfolio order management system (POMS) which
improves collaboration and workflow efficiency across a portfolio of trades,
including functionality for multiple allocations, currencies and forward dates.
For market-makers, FX Trading includes single sign-on to e-commerce, price
creation and price distribution capabilities (Electronic Trading and Treasury
Center), including provider intervention and automated hedging tools.
FX Trading also provides single sign-on to the powerful pre-trade data and
analytics in Thomson Reuters Eikon and Thomson Reuters venue rulebooks help
ensure the highest standards for market behavior and transparency are upheld.
"Market volatility, regulatory scrutiny and decreased risk appetite among market
participants are all having an impact on FX market liquidity," said Phil
Weisberg, global head of FX at Thomson Reuters. "This is why we want to make it
as easy as possible for our clients to find the liquidity they need, have the
flexibility to access it efficiently through a choice of venues and order types,
and be confident that rigorous standards for behavior are upheld by Thomson
Reuters for all users of our platforms. We have had a fantastic response to FX
Trading, with thousands of customers in every region already signed up and
hundreds more joining each week as we continue to evolve the platform."
"As the FX market has become more complex and liquidity more challenged, market
participants are increasingly demanding flexibility in how they interact with
one another," said Kevin McPartland, head of market structure and technology
research at market intelligence and advisory firm Greenwich Associates.
"Increasing transactional efficiency while allowing important counterparty
relationships to remain intact is critical to the evolution of electronic
trading."
Introduced in 2014, Thomson Reuters FX Trading furthers Thomson Reuters strategy
to provide a platform that brings together the best of the company's pre-trade
tools, trading venues and post-trade capabilities into one single next-
generation desktop. FX Trading has therefore been designed as the natural
upgrade path for users of all its legacy FX transaction venues and will
continuously evolve as more functionality and content is added.
* based on Thomson Reuters average daily FX trading volumes across all of its
venues over 12 months from 1 October 2014 - 30 September 2015.
Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for
businesses and professionals. We combine industry expertise with innovative
technology to deliver critical information to leading decision makers in the
financial and risk, legal, tax and accounting, intellectual property and science
and media markets, powered by the world's most trusted news organization.
Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges.
For more information, go to http://thomsonreuters.com.
CONTACTS
Kate Reid
Thomson Reuters
+44 (0)20 7542 2215
kate.reid(at)thomsonreuters.com
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(i) the releases contained herein are protected by copyright and
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Thomson Reuters Corporation via GlobeNewswire
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Unternehmensinformation / Kurzprofil:
Datum: 09.11.2015 - 08:00 Uhr
Sprache: Deutsch
News-ID 432885
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contact information:
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Kategorie:
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