August 21, 2013

Thomson Reuters Adds Cleartrade Exchange Data to Thomson Reuters Eikon

Thomson Reuters Eikon to provide commodities professionals with access to real-time data for the commodity futures and OTC cleared derivatives markets from Cleartrade Exchange

LONDON, NEW YORK - Thomson Reuters today announced the addition of Cleartrade Exchange futures and over-the-counter (OTC) cleared commodity derivatives data to its flagship desktop, Thomson Reuters Eikon. The agreement enables Thomson Reuters Eikon customers to gain significant insight into pricing and reference data for trade, risk management and hedging functions from Cleartrade Exchange, the Singapore-based electronic global marketplace for commodity futures and OTC cleared commodity derivatives.

Commodities have been traded for hundreds of years and the majority of all related derivative contracts are electronically traded today allowing producers and consumers to expertly manage their risk exposure. The addition of the Cleartrade Exchange data in Thomson Reuters Eikon will complement existing coverage of commodity futures and OTC commodities markets. The new data covers freight, ferrous metals, agriculture and energy, including iron ore, container and fertilizer broker data from Freight Investor Services (FIS). It also includes China steel indices as well as World Container Index (WCI) indices and price curves for major shipping routes.

“The addition of Cleartrade Exchange commodity futures and OTC derivatives trading data to Thomson Reuters Eikon further expands and deepens our customers’ view and understanding of worldwide commodities markets. When combined with the news, tools and analytics they have at their disposal on the Thomson Reuters Eikon desktop, it becomes an incredibly powerful solution,” said Shaun Sibley, head of commodities and energy, Thomson Reuters. “We are demonstrating again and again that we are totally committed to bring key data, analytics and insight to our users and create the most comprehensive, one-stop desktop for the commodities markets.”

Thomson Reuters Eikon is designed to provide a powerful and intuitive next-generation solution for consuming real-time and historical data, connecting with the financial markets community and executing financial markets transactions across asset classes such as foreign exchange (FX), fixed income, commodities, equities and derivatives. It realizes Thomson Reuters vision for a financial markets desktop that is intelligent, simple and social and provides access to a messaging community of over 190,000 financial professionals. Driven by powerful search engine technology, Eikon carries real-time data, news, charts, insightful commentary, analytics and trade execution tools through views that can be customized to individual user preferences and workflow. Based on open standards, it is powered by Thomson Reuters Elektron, the Company’s low latency data and trading infrastructure.

Thomson Reuters

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to http://thomsonreuters.com.

Cleartrade Exchange

Cleartrade Exchange (CLTX) is a regulated futures market providing an electronic global marketplace for commodity futures and OTC cleared derivatives. Cleartrade Exchange is a Recognised Market Operator (RMO) regulated by the Monetary Authority of Singapore (MAS) and clients include traders, brokers, banks and hedge funds. The company provides an electronic orderbook and block trade facility, trade processing and reporting and straight through processing to multiple clearing houses. Cleartrade Exchange is incorporated in Singapore with offices in London.