Thomson Financial, an operating unit of The Thomson Corporation (TSX: TOC, NYSE: TOC) and a leading provider of information and technology solutions to the worldwide financial community, today announced record one-day trading volume of 3.53 billion shares on its Thomson Order Routing network.
"These record volumes are evidence of our growing global network and our continuous expansion into new and emerging markets," said Albert Lojko, Head of Institutional Equities at Thomson Financial. "In less than three years we've seen a 50% increase in the volumes traded on our electronic order routing network."
As regional brokers in Asia, Europe, and Latin America follow established markets in the shift to electronic trading, they are increasingly turning to Thomson Order Routing to connect with more than 700 leading brokers and asset managers.
Recently, Thomson added GBM and Finamex, the first local brokers in Mexico to join a growing list of emerging market destinations on the Thomson Order Routing network, including Turkey, Poland, Greece, Russia, India, China, Taiwan, Korea, among dozens of others.
"Thomson's global reach, and reputation for reliability, speed and value, make it the obvious choice for us in driving local and international order flow to our desks," said Carlos Ramirez, at Mexico City-based Finamex Casa de Bolsa. "Thomson Order Routing connects me to hundreds of international buy-side firms looking to trade on the Latin America exchanges."
With broker destinations in more than 50 markets, in Asia, Europe, and Latin America, Thomson's equities network continues to expand its global footprint by leading the growth of electronic trading, not only in established markets, but new and emerging markets.