Thomson Reuters has added FXall QuickTrade, its request for stream service, to provide corporate treasury customers trading smaller FX volumes with news, data and market analysis solution. Users will also now have direct access to 140 FXall liquidity providers.
The new solution allows corporate treasurers to access automated prices on spot, forwards, and swaps from FXall’s market makers straight from the Eikon desktop, while also benefiting from FXalls straight-through processing and post-trade reporting and analysis. Trades executed in Eikon can automatically flow through to FXall Settlement Center, to streamline the confirmation process with their liquidity providers.
Eikon users will have access to FX Buzz, a news and data service which combines Reuters economic news, expert commentary, global market data including FX market pricing from over 2,000 contributing sources in 175 currencies with visualization and search tools for finding and analyzing information. With the integration of FXall QuickTrade, corporate treasurers can also now access 140 FXall liquidity providers and trade on their prices from within the same screen.
Many corporate treasurers have light FX trading needs but still need access to liquidity on a regular basis. We recognize how much easier it is for these customers to be able to access everything they need from within one application, said Neill Penney, head of foreign exchange workflow at Thomson Reuters.
He added, The integration of FXall QuickTrade functionality into Eikon is a milestone in Thomson Reuters strategy to bring together all of its FX assets onto one platform. By combining the intelligence and analytics of Thomson Reuters Eikon with the market liquidity of FXall QuickTrade, we are simplifying how our customers can engage with the FX market.
