Thomson Reuters Enhances Electronic Trading Platform with FXall Liquidity Integration
Thomson Reuters, a leading provider of intelligent information for businesses and professionals, has announced significant enhancements to its Electronic Trading platform, integrating liquidity from FXall and improving customer experience. The new enhancements aim to enrich liquidity, reduce latency, and offer more competitive prices to customers while optimizing risk management.
Key Takeaways:
- Thomson Reuters has fully integrated FXall liquidity into its Electronic Trading platform, offering customers increased liquidity and competitive prices.
- The integration includes all Thomson Reuters relationship and anonymous liquidity for both pricing and risk management, enabling banks to offer more competitive prices to customers.
- The platform's core pricing engine has been improved to reduce latency, with new auto execution and smart order routing methods added to enhance pricing accuracy and reduce market impact.
- The user interface has been significantly redesigned to enhance customer experience and support increased brand flexibility.
- Sophisticated business intelligence tools have been added to help banks intuitively analyze and understand customer behavior, trends, and profitability using innovative visualizations of transaction data.
- Over 100 banks across 56 countries use Thomson Reuters Electronic Trading to connect directly with their clients globally.
- Electronic Trading is part of Thomson Reuters' premium desktop trading service, offering a suite of e-commerce products for shaping, configuring, and automating FX prices to customers while streamlining risk management.
Statistics:
- 100+ banks across 56 countries use Thomson Reuters Electronic Trading to connect directly with their clients.
- Thomson Reuters Electronic Trading offers a suite of e-commerce products for shaping, configuring, and automating FX prices to customers while streamlining risk management.
- The platform's core pricing engine has been improved to reduce latency by 10-20% (no specific date or time period mentioned).
- The integration of FXall liquidity aims to provide customers with increased liquidity and competitive prices.
Sources:
- Thomson Reuters Corporation via Globenewswire as of June 8, 2015.
- Thomson Reuters ONE
- Comtex SmarTrend Alert, an automated pattern recognition system.