AutEx integrated with Thomson ONE framework

Source:

Thomson Financial, an operating unit of The Thomson Corporation (NYSE: TOC; TSX: TOC) and leading provider of information and technology solutions to the worldwide financial community, today announced Thomson AutEx has been fully integrated onto the Thomson ONE framework for institutional equity traders.

AutEx over Thomson ONE provides access to aggregated market liquidity along with contextually integrated news, data, research, trade analytics and charts. It enables institutional equity traders to determine supply and demand of potential positions, analyze potential trade patterns, and find the most appropriate trading partners, using a single intuitive interface.

AutEx over Thomson ONE provides the institutional equity trader with access to the deepest pool of global liquidity, including trading partners from over 500 buy-side and 300 sell-side institutions worldwide. One million messages are posted on the system per day. It maximizes market transparency and improves the price of trades in an increasingly fast moving market environment where market liquidity is substantially fragmented. Market participants on AutEx conduct immediate and simultaneous negotiations with counter parties to find the other side of the trade quickly and effortlessly. And the large liquidity pool minimizes the impact of market orders.

Rich content from Thomson - First Call, Datastream, I/B/E/S, ShareWatch and Worldscope, plus news from Dow Jones and 60 additional news sources, along with pre-integrated connections to trading systems such as Omgeo and BETA systems - makes AutEx over Thomson ONE the most comprehensive equity suite available.

In addition, a new global Thomson Contacts Directory integrated on to Thomson ONE allows traders to search, prospect and contact institutional equity and fixed-income sell-side and buy-side professionals. The directory database contains more than 80,000 members of the financial community who manage more than $50 million in assets, and provides access to the largest universe of hedge funds of any directory on the market. Unlike other directories, coverage is not limited to users of a specific product or service and is updated and managed on a daily basis by a team of 50 data editors.

"Thomson ONE combines open architecture with leading edge technology to leverage best of class content with market liquidity so that equity traders can capitalize on market opportunity and maximize price execution," said Suresh Kavan, president, Global Customer Segments, Thomson Financial.

"AutEx over Thomson ONE provides an instant picture of all broker-dealers available to buy or sell a particular security, including details such as side, size, price and whether they have natural order flow," said Ken Wagner, chief operating office, Global Transactions Services, Thomson Financial. "In an environment with increased speed of market movement and fragmented liquidity, it has been increasingly difficult to find appropriate trading partners. With one connection to AutEx and Thomson ONE, market transparency is maximized, helping the trader make intelligent trading decisions faster and subsequently improve on price execution," said Wagner.

Comments: (0)