Salomon Smith Barney (SSB), the investment banking arm of Citigroup, is to offer its global equities online service (SSB GEO) directly to users of Reuters' flagship market data product, 3000 Xtra.
The initiative enables financial professionals registered with SSB to access the SSB GEO Web-based global equity portal via their Reuters 3000 Xtra.
SSB GEO provides industry information, trading capabilities and global institutional equities research from 400 top industry analysts on 3000 of the most traded and liquid global stocks. Users can also select equity products including convertibles, futures, derivatives, trading and soft dollar amongst others.
Paul Hansford, head of premium desktop, Reuters says: "Reuters 3000 Xtra provides financial professionals with a single point of access to the best market information presented in the way they want it. We are constantly looking at new developments in technology to meet our customers' changing needs. The integration of SSB Global Equities Online with Reuters flagship service is a valuable addition to our international equity offering."
In a separate announcement, Reuters has launched the first set of information displays to incorporate data from virt-x, the new pan-European exchange which went live today.
The new Reuters displays give a real-time consolidated view of best bid and offer prices from virt-x and from the traditional home listing exchange for a range of securities. This allows market participants to immediately determine which venue has the best price and liquidity levels all within one display, says Reuters.