May 12, 2014
Thomson Reuters Named Best Multibank and Independent Platform in Euromoney FX Poll for 12th Year in a Row
LONDON - Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced it has again led the “Best multibank and independent platform” rankings in this year’s Euromoney Foreign Exchange Survey. Thomson Reuters dealer-to-customer trading venue, FXall, was named "Best multibank and independent platform" for the 12th consecutive year with the largest e-trading market share overall. Thomson Reuters conversational dealing venue, Dealing, meanwhile rose through the rankings from fifth to fourth highest market share overall.
The annual quantitative and qualitative study of the FX markets is the result of a poll of more than 14,000 clients representing a total volume of $225 trillion.
“We are extremely proud of this recognition from the clients who make up the world’s FX community, and we would like to thank them,” said Phil Weisberg, global head of Foreign Exchange at Thomson Reuters. “These rankings reflect our clients’ continued confidence in Thomson Reuters venues as the most efficient and effective sources for accessing liquidity, workflow and trading capabilities. It is a privilege to receive this recognition of our commitment to our clients’ needs as we continue to innovate and develop solutions that improve client trading outcomes, increase transparency and support increased regulatory requirements.”
The Thomson Reuters FXall platform provides a comprehensive end-to-end solution for institutional foreign exchange trading including execution, settlement, straight-through processing and support for regulated trading. The platform offers active traders, asset managers, banks, broker-dealers, corporate treasurers and prime brokers access to multiple execution venues including multibank request-for-stream, an anonymous order book ECN, continuous streaming executable bank rates and algorithmic orders. FXall supports trading in FX spot, forwards, swaps, NDFs, NDF swaps and options, money markets and precious metals.
Thomson Reuters Dealing is the world’s leading peer-to-peer conversational trading platform – a global professional trading community including more than 4,000 organizations and 14,000 trading professionals in more than 120 countries offering efficient and effective price discovery, trade execution and straight-through processing. Its powerful functionality enables contact with counterparties quickly and efficiently, across a highly secure and reliable network.
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. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to http://thomsonreuters.com.
As part of our on-going commitment to FX thought leadership, Thomson Reuters has recently released its first annual FX Exchange 2014 magazine in partnership with Euromoney. FX Exchange 2014 provides current and compelling insight into the FX market directly from leading FX professionals and institutions. To download a complimentary copy of the first edition of the magazine, please visit: http://www.euromoney.com/Article/3337114/Thomson-Reuters-FXExchange2014.html.