Thomson Reuters Unveils Revamped Eikon Solution for Equities Traders
- The solution will help buy-side traders who are navigating through a fragmented marketplace of liquidity.
Thomson Reuters (NYSE:TRI) has revamped its existing Eikon dashboard, this time helping to cater towards buy-side equities traders, according to a Thomson Reuters statement.
The Eikon solution is one of Thomson Reuters’ flagship products that helps aggregate and process real-time and historical data, which collectively enable financial markets transactions and connectivity with the financial markets community.
The new alterations to the solution encapsulate the needs of equities traders, tapped the Buy-Side Optimized Workflow (BOW) – the new product integrates a number of functions and Eikon capabilities into a unified interface that will aim to help buy-side traders facilitate trades in the equities market.
Buy-side traders will be able to ascertain the best-fit stock options based on Eikon’s stock-specific data pool that determines which broker or trading option best meets their respective needs. The dashboard also will include items such as a trade history from Autex Trade Route, top StarMine analyst rankings, and additional data from Autex, per the solution’s commitment to security.
The solution will help buy-side traders who are navigating through a fragmented marketplace of 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 as well as a dynamic landscape of regulatory oversight. The solution places an emphasis on Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term, reinforced by a variety of existing capabilities by the Eikon solution.
According to Michael Chin, Global Head of Equities at Thomson Reuters, in a recent statement on the new capabilities, “Thomson Reuters Eikon contains a huge amount of powerful information for the equities buy-side which is why it’s more important than ever that we help our customers find and analyse the key information they need quickly and easily.”
“By bringing together elements necessary to determine how to direct trades into market in a very intuitive and tailored way we have created something quite unique for the market. And the customer reaction to that has been really positive,” he added.
Last week, Thomson Reuters made headlines after it reported its October 2015 trading volumes. The group saw a total average daily volume (ADV) of foreign exchange (FX) trading across October come in at $353 billion daily, which is lower by -3.0% when compared to the previous month amidst a stagnation in major currency pairs.
Thomson Reuters (NYSE:TRI) has revamped its existing Eikon dashboard, this time helping to cater towards buy-side equities traders, according to a Thomson Reuters statement.
The Eikon solution is one of Thomson Reuters’ flagship products that helps aggregate and process real-time and historical data, which collectively enable financial markets transactions and connectivity with the financial markets community.
The new alterations to the solution encapsulate the needs of equities traders, tapped the Buy-Side Optimized Workflow (BOW) – the new product integrates a number of functions and Eikon capabilities into a unified interface that will aim to help buy-side traders facilitate trades in the equities market.
Buy-side traders will be able to ascertain the best-fit stock options based on Eikon’s stock-specific data pool that determines which broker or trading option best meets their respective needs. The dashboard also will include items such as a trade history from Autex Trade Route, top StarMine analyst rankings, and additional data from Autex, per the solution’s commitment to security.
The solution will help buy-side traders who are navigating through a fragmented marketplace of 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 as well as a dynamic landscape of regulatory oversight. The solution places an emphasis on Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term, reinforced by a variety of existing capabilities by the Eikon solution.
According to Michael Chin, Global Head of Equities at Thomson Reuters, in a recent statement on the new capabilities, “Thomson Reuters Eikon contains a huge amount of powerful information for the equities buy-side which is why it’s more important than ever that we help our customers find and analyse the key information they need quickly and easily.”
“By bringing together elements necessary to determine how to direct trades into market in a very intuitive and tailored way we have created something quite unique for the market. And the customer reaction to that has been really positive,” he added.
Last week, Thomson Reuters made headlines after it reported its October 2015 trading volumes. The group saw a total average daily volume (ADV) of foreign exchange (FX) trading across October come in at $353 billion daily, which is lower by -3.0% when compared to the previous month amidst a stagnation in major currency pairs.