June 25, 2014
Thomson Reuters Expands Access to CME Group's Commodity Markets in Eikon
LONDON - Thomson Reuters today announced that it is providing access to deeper commodity markets liquidity through an agreement with CME Group. Thomson Reuters Eikon customers registered to trade on CME Group markets can now access CME Direct, a front-end trading platform for CME Group’s commodity futures, options and OTC markets. This agreement provides commodities professionals with seamless access to CME Direct’s electronic execution capabilities alongside the news, charting and analysis tools available in Thomson Reuters Eikon.
Covering CME Group’s full suite of futures, options and OTC markets for energy, metals and agriculture, the agreement will improve the ease with which Eikon and CME Direct clients can research, enter and manage trades. Asset classes covered include CME Group’s NYMEX energy, COMEX metals and CBOT agricultural commodity markets.
This agreement also continues to expand the commodity markets liquidity that Thomson Reuters offers its customers, and complements an earlier agreement with CQG which added connections to 65 Futures Commission Merchants.
“With the regulatory climate encouraging a trend towards exchange trading of derivatives, financial markets participants are increasingly looking for a straightforward way to analyze and trade commodities,” said Shaun Sibley, managing director, commodities, Thomson Reuters. “By offering expanded access to liquidity alongside the news and analytics services in Eikon, we are empowering our customers with the tools they need to develop and execute their trading strategies seamlessly and efficiently.”
“We are extremely pleased to collaborate with Thomson Reuters, enabling our common customers to access our comprehensive suite of commodity markets via CME Direct along with the powerful news and analytics tools of Eikon,” said Michel Everaert, managing director for OTC Solutions at CME Group. “This agreement offers our customers a powerful trading tool in a fast-moving industry environment.”
Thomson Reuters Eikon is a powerful and intuitive next-generation solution for consuming real-time and historical data, enabling financial markets transactions and connecting with the financial markets community. Its award-winning news, analytics and data visualization tools help its users make more efficient trading and investment decisions across asset classes and instruments including commodities, derivatives, equities, fixed income and foreign exchange. Thomson Reuters Eikon is a leading desktop and mobile solution that is connected, informed and intelligent, and provides access to a messaging community of over 210,000 financial professionals.
Customers using the CME Direct and Thomson Reuters Eikon integration must be registered to trade on CME Group listed and OTC markets.
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