The BIS Triennial survey highlights the drop in spot volumes, but how does the platforms’ performance compare over the same period?
Tag: Thomson Reuters
Thomson Reuters, FX Spotstream and FXCM have all reported a month-on-month decline in FX average daily volume (ADV), however the latter two are up on a year-on-year basis. Thomson Reuters says spot volumes across its platforms was $97 billion per day, 8.5% lower from June and 4% down from July 2015. Other volume was $262 […]
Thomson Reuters has joined R3’s partnership to design and apply distributed and shared ledger-inspired technologies to global financial markets. “Thomson Reuters will contribute insights from its work with customers to drive product innovation and transformation in the financial sector using distributed ledger technologies,” the two companies say in a statement. The R3 team of “financial […]
Although liquidity conditions are changing in the FX market, they are not necessarily getting worse, claimed panelists at Profit & Loss’ Forex Network New York conference. Although Kevin Kimmel, Chief Operating Officer, Citadel Execution Services FX, mentioned that FX market liquidity is “challenged in the near-term”, he said that he was bullish that the situation […]
Thomson Reuters and CME Group will connect their instant messaging networks, allowing more than 300,000 market participants to communicate across their platforms. From late Q3 2016 users of Thomson Reuters’ Eikon Messenger and CME’s Pivot Instant Messaging will be able to communicate between the two services, in a move that the two firms say will […]
Trying to decipher platform performance during last month’s UK-inspired mayhem is almost as difficult as keeping track with the latest shenanigans in UK politics following the vote to leave the EU – but I’ve had a go and there seem to be some interesting angles. I am not talking about the technology – that worked […]
Thomson Reuters has added EBS to its post-trade network, Thomson Reuters Trade Notification (TRTN), which will enable EBS to offer complete straight through processing to its clients. “In addition to the existing EBS post trade capabilities, we selected Thomson Reuters Trade Notification for its unrivalled global distribution footprint and to enable our clients to seamlessly […]
The total average daily volume (ADV) of foreign exchange trading across Thomson Reuters platforms in June totalled $394bn, rising by by 5% year-on-year and by 13.5% month-on-month. ADV for spot trading in June was $116bn, Reuters says. This total reflects trading volumes on Thomson Reuters Matching and FXall in all transaction types, including spot, forwards, […]
Asian corporates and CFOs cited FX risk as the financial risk that they are most concerned about, according to a new survey from Thomson Reuters and Asset Benchmark Research. In the report accompanying the research results, it notes that as basic management processes are increasingly automated, corporate treasurers and CFOs have become more focused on […]
Thomson Reuters has established three new data centers to provide FX market participants with improved local connections to its FX liquidity venues. The new data centers are located in New York (NY4), London (LD4), and Tokyo (TY3).
Thomson Reuters now offers FX clients a choice of connections that are customisable based on their specific trading volumes and needs.
Clients can connect locally for access to all Thomson Reuters global FX transaction venues and low latency connections which improves access to liquidity regardless of their location. As part of the move, Thomson Reuters has also expanded its continuous streaming price service to London and Tokyo so that liquidity providers based in Europe and Asia can improve latency for streaming real-time prices to their local clients.