Thomson Financial is upgrading its Thomson One workstation to include its order routing service AutEx, communication system Connect and ShareWatch data feed.
AutEx aggregates trade order indications of interest (IOI) and executions. The service enables buy side traders to review overall market sentiment in specific stocks, and recap that issue's latest indications including supers, trades, bid and ask prices, options, futures and other details.
Thomson Connect is a communication framework that uses existing instant messaging services - including AOL, MSN and Yahoo - to link traders to their counterparties to discuss, verify and confirm liquidity and inventory.
Buy side traders wanting to discuss a specific IOI can drag the IOI into their preferred instant messaging platform. This automatically enters the stock's identifier and the indication's price, size and time into the message. The trader can add additional text and begin an immediate conversation with the sell side around a specific indication.
The ShareWatch feed delivers ownership and contact data that can be integrated with in-house databases and applications.
Jeremy Condie, executive vice president, banking and brokerage, Thomson Financial, says: "By integrating Thomson Connect with AutEx within the Thomson One Equity framework, along with ownership data from ShareWatch, participants will improve the speed of trades and the ability to react to market adjustments and changes, greatly benefiting traders in their day-to-day business."