Buyside Traders Get New App Help Direct Trades into the Market

Need help getting your trades to the market faster than others?

Thomson Reuters has announced a new app tailored specifically to the buyside equity trader that brings key Eikon capabilities together into a single intuitive dashboard to help them quickly direct trades into the market. The new app, dubbed Buy-Side Optimized Workflow (BOW), brings together key capabilities into a single screen to help buyside traders quickly direct trades into the equities market.

Using Eikons search capability, buyside traders can now look up stock-specific data to quickly determine which broker or trading option best meets their needs. The new app is designed to quickly present the multiple pieces of information they require in one screen. For each security, the dashboard includes items such as a personalized 30-day trade history from Autex Trade Route, top StarMine analyst rankings and additional data from Autex including the current days active Indications of Interest and broker rankings by trade volumes.

Following regulatory changes in equities markets, the buy-side is faced with unprecedented complexity due to fragmented liquidity, multiple broker relationships, the growth of algorithmic trading and increased regulatory scrutiny. By streamlining the process of viewing previously executed trades, sourcing liquidity through IOIs, broker trade advertisements, and analyst rank, Buy-Side Optimized Workflow helps traders move seamlessly from idea to execution.

Eikon is a system for consuming real-time and historical data, enabling financial markets transactions and connecting with the financial markets community.