Reuters is to deliver benchmark over-the-counter (OTC) energy and commodities pricing services from Tradition Financial Services (TFS) over its desktop products, including the Reuters 3000 Xtra and Market Monitor.
Under the terms of the service, Reuters will provide access to TFS' benchmark non-US coal prices and pulp & paper prices for the US and Europe, including historical data.
In addition, current subscribers to Reuters' real-time coal service can also receive TFS' regular OTC coal market commentary.
Christopher Masters, director of strategy, marketing and projects, Reuters Treasury Services, says the deal underlines the vendor's commitment to deliver timely commodities and energy information to customers when and where they need it.
"TFS is one of the leading players in the OTC coal and pulp & paper markets and its prices stand as a reference for financial professionals worldwide," adds Masters.