Thomson Reuters brings FX transaction venues onto single desktop
Thomson Reuters has put all of its foreign exchange transaction venues onto one platform in a move it says creates a single point of access to the largest collective independent pool of FX liquidity.
Phil Weisberg, global head of FX at Thomson Reuters says that thousands of customers in every region around the world have already signed up to the desktop, with hundreds more joining every week.
“Market volatility, regulatory scrutiny and decreased risk appetite among market participants are all having an impact on FX market liquidity. This is why we want to make it as easy as possible for our clients to find the liquidity they need, have the flexibility to access it efficiently through a choice of venues and order types, and be confident that rigorous standards for behavior are upheld by Thomson Reuters for all users of our platforms,” says Weisberg.
Source: Finextra – Thomson Reuters brings FX transaction venues onto single desktop