Traders working in Chinese now have their own version of the Thomson Reuters Eikon desktop.
A bespoke simplified Chinese-language version has been launched as the firm looks to tap the rapidly growing demand for trading systems in the country, with the emerging internationalisation of Renminbi (RMB) and the Chinese State Council's goal to make Shanghai an international financial center by 2020.
Thomson Reuters Eikon is designed to provide an intuitive way to consume real-time data and execute financial markets transactions across asset classes such as foreign exchange (FX), fixed income, commodities, equities and derivatives.
The system offers bankers, investors, analysts and traders market information, news, analytics and trading tools from one financial markets desktop.
Eikon provides a resource for tracking the onshore and offshore RMB market, a specialism of the information company which launched FX swap RMB trading on Thomson Reuters Matching last August.
“Thomson Reuters Eikon is my primary choice of investment tool. With its easy-to-use and intuitive interface and search capabilities, Eikon enables me to quickly find the information and tools I need,” said Zhuangzhi Yu, forex trader, EXIM Bank. “Rich news content and data combined with powerful charting analysis gives me the edge in the market and helps me make the sound trading decisions that my company and clients require. Eikon greatly improves the efficiency and clarity of my work.”
“Our development team in China worked closely with local clients to ensure Eikon meets their needs and the response from clients is overwhelmingly positive. With Eikon we are breaking what was an outdated and over-complicated mould for financial markets desktops,” said David Craig, president of Financial and Risk, Thomson Reuters.