Thomson Reuters Links Up with Moscow Exchange, Enabling Best Execution

Thomson Reuters’ client base has gained access to an even greater Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term pool, and will now be able to tap into the Moscow Exchange. More specifically, the cooperation between the two venues will result in an upgraded functionality that will enable Thomson Reuters’ clients to aggregate quotes of the Moscow Exchange FX Market through Thomson Reuters’ FX Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term.

The accord represents a win for both parties – for Moscow Exchange (MOEX), the group will help broaden its sales channels, allowing for the access of thousands of market participants and institutional investors. Thomson Reuters’ clients will have access to best execution in the RUB.

Discover credible partners and premium clients in China's leading event!

Thomson Reuters’ venues previously lacked many options for best execution of RUB trading, a minor blind spot for the group. This channel is seemingly shored up however by linking up with MOEX, which will provide streamlined access to USD/RUB liquidity and its broader exchange capabilities.

Igor Marich, Managing Director for FX and Money Markets at MOEX, commented on the partnership: "The cooperation with Thomson Reuters has extended the opportunities of our sales channels.”

“Now participants of foreign exchange market, banks and such financial institutions as institutional investors, funds and corporations involved in FX operations with Russian rouble, will have a deep and uninterrupted access to USD/RUB liquidity from Moscow Exchange,” he explained.

Indeed, the newly enabled functionality will cater to Thomson Reuters’ growing client base and users, who will garner improved execution and visibility of quotes. This entails MOEX, Thomson Reuters Matching, Orderbook and counterparty banks’ liquidity on one desktop with the ability to trade optimized prices.

Moreover, Raiffeisen Bank, a project partner, will be providing Thomson Reuters clients with technical and legal access to MOEX’s liquidity. "This joint solution by Thomson Reuters, Moscow Exchange and Raiffeisenbank will help the trading community to gain access to MOEX liquidity pool via FX Trading platform, which being aggregated with Thomson Reuters venues will allow achieve best execution in Rouble,” added Piotr Marczewski, Managing Director at Thomson Reuters Russia/CIS.

“We are pleased to provide new opportunities, technologies and expertise to help our customers and partners find answers to the most crucial questions they face every day in their business lives,” Mr. Marczewski reiterated.