Operations & Technology

Thomson Reuters expands routing network in Latin America

Thomson Reuters has added two Brazilian and two Mexican brokers to its order routing network. The move forms part of the company’s expansion of its desktop and transaction capabilities across Latin America.

Users of the firm’s Reuters Trading for Exchanges (RTEx) order routing service can now route equities orders to Alpes and Ativa in Brazil and Casa de Bolsa Finamex and Grupo Bursátil Mexicano to access liquidity on the BMFBovespa and Mexico stock exchanges respectively.

“Thomson Reuters plans to continue to support this growing community by adding new asset classes with an initial focus on the increasingly automated derivatives markets,” said Ricardo Diniz, managing director for Thomson Reuters in Latin America, in a statement.

RTEx in Latin America is available to users of Reuters 3000 Xtra and Reuters Trader Latin America. It provides access to the joint global community of the Tradeweb Routing Network and the Reuters Order Routing Network, comprising more than 1,000 participants worldwide and processing in excess of 1.5 billion shares per day.