Thomson Reuters clients gain access to Credit Suisse FX algos
Published on May 28, 2008.
Thomson Reuters has added Credit Suisse’s Advanced Execution Services (AES) foreign exchange algorithms to its Reuters Trading for Foreign Exchange (RTFX) platform.
From June, users of RTFX - which includes banks, corporate firms, hedge funds and asset managers - will be able to access Credit Suisse’s FX algorithmic strategies
"Integrating AES FX into RTFX and partnering with Thomson Reuters made perfect sense for Credit Suisse both in terms of distribution and global reach,” said Jonathan Wykes, head of AES FX sales Europe in a statement. “RTFX customers will now be able to select trading strategies that have been designed to optimise execution performance in a wide range of market conditions and will benefit from the transparency of our execution performance reporting,"
In addition, Thomson Reuters announced two enhancements to RTFX aimed at improving client trading workflow. RTFX Price Takers will now be able to issue a competitive request for quote for SPOT and FX Swaps to multiple banks simultaneously. The service supports both standard tenors and broken dates. From June, RTFX’s Auto Trade capability will enable clients to view streaming executable prices from multiple banks in a single price grid. Auto Trade also manages clients' orders within the RTFX environment ensuring that their market interest remains confidential.
