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."
