17 August 2017
visit www.avoka.com

Thomson adds seven to retail service provider gateway in the UK

04 July 2005  |  2598 views  |  0 Source: Thomson Financial

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 that a further seven market makers have signed up to provide trading and price quotation services via the Thomson Retail Service Provider (RSP) Gateway in the UK.

Arbuthnot Securities, Cazenove, Collins Stewart, Hoodless Brennan, HSBC, Jefferies International and Teather & Greenwood will all provide liquidity, price improvement and immediate execution alongside the existing 10 network participants (Aitken Campbell, Bondscape, Dresdner Kleinwort Wasserstein, Evolution Securities, KBC Peel Hunt, Panmure Gordon, Merrill Lynch, Numis Securities, UBS and Winterflood Securities).

RSPs provide competitive price quotation and trading services across a range of markets and instruments to UK private client brokers. Through Thomson Financial’s single link to a range of leading firms, brokers can acquire market improved prices, execute immediately, use flexible settlement periods and also settle in a range of currencies. Brokers connecting to the Thomson RSP Gateway also benefit from cost savings through infrastructure and efficiency gains.

Brokers can access the Thomson RSP Gateway through their own in-house software, either through an Application Program Interface (API) or FIX connection. Alternatively, they can connect through the Thomson GlobalTOPIC desktop application. Access to the gateway will also be available through the Thomson ONE application suite in 2005.

Paul Bendall, European Director for Thomson Financial's Retail Wealth Management customer segment, commented: "The Thomson RSP Gateway continues to extend the number of destinations offered, providing our community of private client brokerage firms with a wide choice of execution venues for a broad range of assets. This obviously helps them to meet the increasing regulatory requirements to obtain best order execution for their clients, without any significant effort or increase in cost."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.dorsum.eudownload the paper nowvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10498 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9900 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9848 views comments | 8 tweets | 15 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8216 views comments | 1 tweets | 3 linkedin
hands typing furiouslyCompliance: Overcome the data deficit
7683 views 0 | 1 tweets | 8 linkedin

Featured job

Brussels or Frankfurt

Find your next job