Icap adds Japanese data to Thomson Reuters feed

Source: Icap

ICAP (IAP.L) the world's premier interdealer broker today announced the expansion of ICAP's global enterprise data distribution via Thomson Reuters to include key Japanese benchmark data from TOTAN-ICAP in Japan.

This strategic market data initiative will enable Thomson Reuters customers to contract for additional enterprise application usage and internal distribution of TOTAN-ICAP Japan-based data sets including; FX, Money Market, Interest Rate Derivatives, as well as Japanese Government Bond (JGB) coverage.

Mark Benfield, Regional Director ICAP Information Services Asia Pacific Region, said: "With ICAP's continued focus on providing customers with flexible access options and innovative market data solutions, we are pleased to be able to expand the TOTAN-ICAP Japanese data via the existing ICAP global enterprise data distribution. With clients requiring independent and verifiable benchmark pricing for use in their internal systems and enterprise-wide business operations, the ability to access this key Japanese price data via ICAP's enterprise solutions, will further assist client efficiencies and overall regulatory requirements."

Mike Powell, Global Head of Enterprise Information for Thomson Reuters commented; "Thomson Reuters continues to focus on providing high quality OTC benchmark data sets to enable customers access via their desktops as well as business-critical applications that support their trading, risk management, and other mid and back-office operations. With extensive ICAP content already available via our feed solutions, the addition of the TOTAN-ICAP Japan data further enhances our commitment to providing customers with the broadest set of industry leading financial market information".

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