Thomson Reuters Further Expands Eikon Messenger To Buy-Side Via Integration With FXall Client Base

Financial markets information and news giant Thomson Reuters announced today that it has integrated its Eikon Messenger community on the buy-side with its FXall clients.

Eikon Messenger provides messaging services to traders, who can then contact each other on a peer-to-peer basis via Yahoo, AOL or other federated messaging systems, representing a community currently comprising 190,000 members. The service is built on open-based standards and offers a secure, federated messaging system that through the integration of FXall further drives the company’s mission to more effectively bring together sell-side and buy-side communities.

In this integration, FXall customers will now be able to seamlessly connect, interact and collaborate with Eikon Messenger’s global community directly from their FXall toolbar.

FXall clients, which according to Thomson Reuters account for approximately 1,300 institutional firms across a range of traders, asset managers, corporate treasurers, broker-dealers, prime brokers, market makers and more, can now access the live feed of continuous cross-asset global macro data, news and market expert commentary available over Thomson Reuters Eikon Messenger`s 27 global chat forums.

Participants will also be able to collaborate in real time with 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 providers and colleagues through instant electronic conversations as well as create public or private communities.

"Financial professionals depend on instant messaging tools to interact with the wider financial community and want tools that allow them to interact, irrespective of their choice of provider.

This is why we`ve always been focused on using open standards and with connecting with other widely used instant messaging systems," explained David Craig, president of Financial & Risk at Thomson Reuters in a corporate statement.

"By opening up Eikon Messenger to the FXall community we are enabling the sell-side and buy-side to communicate more efficiently within networks they already trust. This is about helping our customers find new counterparties and unearth new business opportunities whilst reducing complexity."

"The integration of Eikon Messenger with the latest version for FXall Trading unlocks a number of exciting opportunities for our clients," said Phil Weisberg, Global Head of FX at Thomson Reuters.

"It not only broadens and diversifies the information available to our client base but also deepens their exposure to a wider community that can be tapped for their daily business trading operations in FX. It also builds on Thomson Reuters move towards bringing together the buy side and sell side to serve a broader universe of institutions with more competitive, compelling end-to-end solutions for the FX markets” concluded Mr. Weisberg.