18 August 2017
visit www.avoka.com

Thomson Reuters launches new app for FX traders

20 July 2015  |  3468 views  |  0 Source: Thomson Reuters

Thomson Reuters today announced the launch of a new app on its flagship desktop Thomson Reuters Eikon that uses unique data visualisations to help FX traders quickly pinpoint value in currency markets across multiple value metrics and multiple currency pairs in real-time.

The huge amount of outright and structured data surrounding FX markets makes it difficult and time-consuming for market participants to find relative value trades. The Eikon currency value tracker enables market participants to rapidly isolate the currency pairs that may offer better opportunities to execute trading strategies. For hedging they can also easily determine which structures are potentially more cost effective given the shapes of interest rate and volatility curves.

Thomson Reuters has created the new currency value tracker by combining the innovative visualization technology available in Thomson Reuters Eikon with proprietary metrics that help uncover relative value opportunities. Participants can track spot, implied volatility, realized volatility, risk reversal skew, static carry, annualized net carry, spot price return, total return and various ratios. They can also evaluate historical data via heat maps, performance rankings and scatter plots in order to identify apparent inconsistencies in market pricing.

“Just because a factor such as an interest rate is high does not necessarily mean it is good value. Markets are influenced by so many different factors and there are so many currency pairs that relative value can often be hidden and take time to find,” said Ron Leven, head of Eikon economic and foreign exchange content at Thomson Reuters. “With Thomson Reuters Eikon we are committed to providing an intelligent and intuitive user experience that enables financial professionals to quickly identify trends and signals in the plethora of market data. The new currency value tracker uses our unique combination of data visualization and value metrics to provide insight to our customers.”

Thomson Reuters Eikon is a powerful and intuitive next-generation solution for consuming real-time and historical data, enabling financial markets transactions and connecting with the financial markets community. Its award-winning news, analytics and data visualization tools help its users make more efficient trading and investment decisions across asset classes and instruments including commodities, derivatives, equities, fixed income and foreign exchange. Thomson Reuters Eikon is a leading desktop and mobile solution that is connected, informed and intelligent, and provides access to a messaging community of over 210,000 financial professionals.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

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

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
7582 views comments | 22 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7273 views comments | 19 tweets | 23 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6008 views 1 | 5 tweets | 3 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
5945 views comments | 10 tweets | 7 linkedin
Apple sidelined as Beijing transit system launches payments appApple sidelined as Beijing transit system...
5834 views comments | 11 tweets | 9 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job