Thomson Reuters launches new service for faster access to machine readable news
First Published Monday, 25 January 2010 from Automated Trader : Data News
Thomson Reuters delivers faster access to news in London and Chicago with NewsScope
Rich Brown, Global Business Manager, Machine Readable News, Thomson Reuters: "The launch of NewsScope Direct, the market’s fastest machine readable news service, into London and Chicago reflects our commitment to delivering the market moving information our clients need."
Thomson Reuters has announced the launch of a new service which it says will provide high frequency traders in London and Chicago faster access to market-moving machine readable news content. Thomson Reuters NewsScope Direct is intended to offer microsecond delivery of highly structured news and economic data which could enable clients to buy and sell financial instruments before the information moves the market.
Housed in Thomson Reuters London and Chicago hosting centers, NewsScope Direct allows clients to easily incorporate news and events into a variety of trading strategies. Customers can connect to the newsfeed from their own data centers or leverage Thomson Reuters proximity hosting solution.This should benefit high frequency trading firms operating in the FX and Futures markets which can move sharply in response to key news and economic data.
Rich Brown, Global Business Manager, Machine Readable News, Thomson Reuters, said: “Being first to act on this information can dramatically affect a firm’s profit and loss. The launch of NewsScope Direct, the market’s fastest machine readable news service, into London and Chicago reflects our commitment to delivering the market moving information our clients need at the speed required by their high performance trading strategies.”
- Thomson Reuters extends relationship with CJC data consultancy
Mike Powell, Global Head of Enterprise Information, Thomson Reuters: "Working with trusted partners is part of our overall strategy to provide the best possible service to customers through world-class hosting solutions."
CJC the independent market data consultancy, has announced an extension of its strategic relationship with Thomson Reuters....continued - Regulatory Roadmap - What Next?
High frequency trading presents something of a conundrum for regulators. The HFT community contributes more than half of the liquidity in some markets. On the other hand, regulators see many of the trading practices used by the high frequency and wider proprietary trading community as crossing that rather blurry line between 'competitive advantage' and 'unfair'. And 'Fair' is the new mantra. So what next? Automated Trader talk to Martin Cornish and Lance Zinman of specialist law firm Katten Muchin Rosenman Cornish LLP about the current regulatory framework and the likely changes in both the U.S....continued
- StreamBase and Gain Capital partner on FX HFT algorithms
Mark Palmer, CEO, StreamBase: "We are pleased to see global firms like GAIN recognize the usability, reliability and scalability of the StreamBase CEP platform." StreamBase Systems, the provider of Complex Event Processing (CEP) technology, has announced a new partnership with Gain Capital, the provider of online foreign exchange services, to offer a complete solution for their mutual clients to deploy FX high-frequency trading algorithms.
The deal combines StreamBase's CEP platform and with direct adapter to GAIN GTX, GAIN Capital's new ECN trading venue....continued
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