View and execute FX options and FX spots through a single desktop. FX Options on Reuters offers electronic matching for the interbank FX Options derivatives market. A state-of-the-art, electronic inter-dealer brokerage system, it brings a new level of efficiency, speed and value to OTC derivatives brokerage. Viewing prices, entering orders and completing transactions with confidence is fast and easy.
With FX Options on Reuters, you can:
- Access fair market – provides derivatives dealers with equal access to available bids and offers.
- Boost productivity and profitability – the system's speed, reliability and ease of use bring efficiency, increased control and lower costs to derivatives trading.
- Trade anonymously – with anonymity in posting bids and offers before finalizing a trade.
- Reduce costs – through increased brokerage efficiency.
Why choose FX Options on Reuters?
- The only true electronic broking service for FX options: Connects you to a large and established options trading community.
- Reaches new markets: Includes emerging market currency options.
- Automatic pricing: Straightforward API lets you stream prices straight to the market.
- More efficient brokerage: Typically reduces transaction charges and errors in the admin process
- Market Action Table – with multiple user displays including: At The Money Straddles; All Structures; My Orders; Today's Trades; My Trades, Spreads, Interests
- Market Action Grid – all structures currently priced in the system appear in a grid format
- The Message Portal – with up-to-the-minute information on prices, and broadcasts of Interests to the market
- Bespoke proprietary technology – specifically designed to make electronic brokerage intuitive, immediate, and secure
- Anonymous messaging – traders can chat anonymously during a trade negotiation, thus enhancing communication between buyers and sellers
- View multiple currency pairs at once
- Fully secure communications via private network
- Runs on your existing Dealing on Reuters keystation
- High levels of security
- Intuitive, easy-to-read screens
FX Options on Reuters offers participants in the OTC derivatives interdealer market an edge. when compared to traditional brokerage systems. Proprietary technology makes electronic brokerage intuitive, immediate and secure.
Benefits to customers include:
- Simple and easy system integration.
- Fully secure communications via private network.
- Built-in redundancy to ensure system reliability.
- Low RAM, CPU and bandwidth requirements for the client installation.
- Runs on user's existing Dealing on Reuters keystation.
The System
This electronic brokerage system is built on a technology platform that is custom-designed for the electronic trading of OTC derivatives.
The system is a stand-alone application written in Java and delivered on a private frame relay network - it is not an applet. This ensures the highest security and performance levels. Servers are located in a highly secure, first-class data centre with top-of-the-line controls and redundancies.
The system runs on the trader's existing Reuters Dealing 3000 keystation.
System advantages
- Client/Server framework built using Java for easy installation and operation.
- Back-end built on a Java platform for reusability, reliability and rapid application development.
- Connectivity to all customers provided on a private frame relay network with dedicated connections.
Straight Through Processing
Now, your back office systems can seamlessly integrate with FX Options on Reuters Trading system.
Post-trade, the Reuters system creates industry-standard FpML or CSV files and transmits them securely to your back office systems.
Reuters can supply fully tested sample programs, FpML parsing routines, complete documentation and an expert support team to help you get up and running with Reuters STP.
Security
The FX Options on Reuters system is designed to provide the highest levels of security. In addition to regular user name/password protection, it uses industry-standard digital certificate technology for user/system authentication, and Secure Socket Layer (SSL) messaging.
CONTACT US
Sales
Customer Support
Add This
Already a Customer?
Access support for this product at the Thomson Reuters Customer Zone (registration required)
Related Products
- Dealing on Reuters
- Forward Matching on Reuters
- Prime Brokerage for Matching on Reuters
- Reuters Deal Tracker
- Reuters Messaging
- Reuters Trade Notification Service
- Spot Matching on Reuters
- Reuters 3000 Xtra
- Reuters Trading for Foreign Exchange (RTFX)