Tradition Securities and Futures licenses Reuters direct trading tool

Tradition Securities and Futures licenses Reuters direct trading tool

Tradition Securities and Futures (TSAF), a subsidiary of Compagnie Financière Tradition, is implementing Reuters' direct dealing tool, Order Management for Exchange Execution (Romex), at its operations in Paris.

Launched in March 2003, Romex was developed in partnership with Orc Software and provides users of the Reuters 3000Xtra desktop with direct access to equity exchanges.

TSAF will use the system to provide access to markets including Liffe, Eurex, eCBOT and CME.

Jean-Pierre Aubin, CEO of TSAF, comments: "Our decision to choose Reuters was based on technical reliability, the ability to access several markets from one platform and the ability to serve multiple pools of brokers in Europe from a Paris based infrastructure."

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