Reuters partners Sonic for direct access to US equities exchanges

Reuters partners Sonic for direct access to US equities exchanges

Reuters has teamed with Sonic Financial Technologies to provide its clients with order management services and direct access to the US equities markets.

The deal provides Reuters clients with a single point of access to trade on multiple execution venues, including ECNs, Nyse and Nasdaq.

Jeffrey Woodruff, executive vice president, Reuters says the deal provides clients with "broker-neutral, global execution and routing services across multiple liquidity pools".

Reuters says the agreement stems from clients' increasing demand for integrated, broker-neutral capabilities for price discovery, interactivity and direct access trading.

Sonic Financial says the partnership allows it to expand its connectivity beyond the US and offer a global service.

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