Deutsche Börse Group confirms that it is in talks with Refinitiv regarding the possibility of buying its FX-related businesses. In a statement issued today, a Refinitiv spokesperson confirms that the company is in “ongoing discussions” with the German-based exchange operator for a deal “which could include the divestiture of certain of its FX products”. This […]
Thomson Reuters has announced the launch of Eikon Digest, what it terms a personalised proprietary service containing the most significant news, research, data and information from Thomson Reuters Eikon, its financial desktop platform.
The new service is built upon the foundation of Reuters News and the firm says that unlike popular news aggregation services that use destination apps or home pages to deliver news, Eikon Digest goes further to include AI algorithms that sift through terabytes of news and data to deliver personalised information according to the company list/portfolio, industry sector, language, content entitlements and regions that interest clients the most.
We speak a lot about disruption in FX markets, but more often than not we focus on the trading piece of the puzzle. It is not only there that traditional models and values are being challenged, however, as was highlighted early in the Asian trading day today when news of three resignations from the UK government was reported.
It is not a new phenomenon, but this morning offered a dramatic and, for the incumbents, disturbing insight into the future when the Twitter-sphere had the news out well in advance of the traditional news wires.