AM technology provider Tradesocio today said it completed integration with financial data vendor Refinitiv, further expanding its ecosystem of liquidity and tech solution providers.
As of today, Refinitiv’s market data, news alerts alongside analytics, trading, and risk assessment tools will be available to Tradesocio’s global client network. Refinitiv will be providing financial institutions adopting Tradesocio’s technology with real-time and delayed quotes for global exchanges, in addition to fundamental analysis on global equities.
The integration also helps users enhance their charting capabilities on all trading products and asset classes, alongside easy access to financial reports and fundamentals, business summary, and competitor analysis.
The former financial and risk business of Thomson Reuters operates in differing business activities with a broad customer base. Refinitiv is also on track to be acquired by the London Stock Exchange Group (LSEG) by the second half of 2020. Shareholders of the LSE will convene soon to vote on the proposed $27 billion acquisition of Refinitiv.
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More about Tradesocio
Headquartered in Singapore, Tradesocio has technology offices in India plus representative offices in Cyprus. Through Tradesocio’s Marketplace, brokers, investors, fund managers, and business introducers come together on one integrated platform that automates and fast tracks investing.
The Sydney-based company says its institutional liquidity is sourced from over twenty banks, non-bank market makers, and ECN operators, offering both bespoke and customizable liquidity streams.
Commenting on the news, Tradesocio CEO Wael Salem said the partnership with Refinitiv “is an essential step forward in the evolution of Tradesocio’s technology ecosystem, allowing us to enhance the capabilities of our infrastructure with advanced fundamental analysis incorporating market data and news directly from the leading provider.”
“With a future upgrade, investors will have the opportunity to “invest in Managed Accounts, ETFs and Mutual Funds,” Salem added.