Reuters launches new e-trading capability
Reuters has launched an e-trading capability for professionals dealing in exchange traded markets.
First Published by e-Forex News: April, 2006
Reuters has launched an e-trading capability for professionals dealing in exchange traded markets. Reuters Trading for Exchanges will, for the first time, allow buy-side users to discover the price of an instrument, select from a range of brokers with which to trade and execute a trade, all from a single screen. Deutsche Bank, Barclays Capital and FIMAT International Banque S.A. are the first to sign up to offer trade execution and clearing services, with more brokers, including ABN Amro Futures, committed to joining during 2006. Mark Redwood, Managing Director of Reuters Sales & Trading Division, said, The growth of trading in exchange listed instruments has been exceptional. Reuters is the first company to offer a broker-neutral global trading capability in exchange traded instruments and its addition completes coverage of major asset classes available for trading through the Reuters desktop.