Global information company Reuters (LSE: RTR, NASDAQ: RTRSY) today announced full support for Spanish Equity and Derivatives markets from its Order Management for Exchange Execution (ROMEX) trading tool.
In the near future ROMEX will provide connectivity to the Sistema de Interconexion Bursatil Espanol (SIBE) trading platform, giving access to the Madrid, Barcelona, Bilbao and Valencia exchanges. This is in addition to existing connectivity to Mercado Español de Futuros y Opciones (MEFF) and provides ROMEX users with the ability to trade a broad range of Spanish securities and derivatives through a single desktop tool.
Built on technology from Orc Software, ROMEX provides Reuters customers with the ability to trade securities and derivatives on all of the major European exchanges. ROMEX is fully integrated with Reuters Order Routing, and is a natural partner to Reuters 3000 Xtra and Reuters Trader information products for brokers and proprietary traders.
Stephen Wilson, Head of Transactions Product Management at Reuters, comments: “We are convinced that the market will increasingly demand broad market connectivity with the ability to trade cash and derivative instruments through a single desktop tool. With this new connectivity to the Spanish exchanges, we have completed our coverage of the European markets.”
Launched in March 2003, ROMEX enables full function exchange execution in more than 50 cash and derivatives markets worldwide. The proposition also includes complex order management capabilities and an API for integration to risk, back office and order routing solutions such as Kondor+ and Reuters Order Routing.