September 10, 2018
Thomson Reuters Boosts FX Trade Analysis and Best Execution Capabilities
Trade Performance Analytics in FXall delivers insights into lowering transaction costs and enhanced trade analysis
New York/London – Thomson Reuters has introduced Trade Performance Analytics for FXall users, a new analytics solution that will help FX traders assess the quality of their trade execution, identify new opportunities to improve performance, and demonstrate best execution to their stakeholders.
Driven by new regulatory requirements and heightened conduct standards, the pursuit of best execution in FX is now at the forefront of the industry’s agenda. In response to the FX market’s growing sophistication and adoption of analytics to drive decision making, Thomson Reuters is launching its next generation of advanced performance analytics for FX trading. Among other key benefits, Trade Performance Analytics will allow users to assess the quality of their historical execution, conduct like-for-like comparisons of liquidity providers, as well as make better informed trade planning decisions.
“The FX market has now fully recognized the need to pay closer attention to transaction costs. Trade Performance Analytics delivers insights that can help minimize transaction costs for users and bring a greater level of transparency. This will enable them to have more meaningful conversations with their liquidity providers,” said Jill Sigelbaum, Head of FXall, Thomson Reuters. “Trade Performance Analytics is another milestone in delivering comprehensive analytics solutions that cover all points in the FX trading lifecycle.”
As the leading multibank FX trading platform, FXall offers clients access to deep liquidity with choice in execution, end-to-end workflow management and straight-through processing – covering the entire transaction lifecycle. FXall has a client base of over 2,300 clients and 180 leading FX banks and alternative market makers. Initially being launched for FXall users only, Trade Performance Analytics will subsequently be enhanced to cover other Thomson Reuters trading venues.
The Thomson Reuters Financial & Risk business will be known as Refinitiv following close of the strategic partnership transaction between Thomson Reuters and private equity funds managed by Blackstone.
Thomson Reuters
Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com.
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Brian Bertsch
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