London, UK, Tuesday 11th April 2017
Euromoney TRADEDATA today announced the successful integration into its live production of Thomson Reuters DataScopePlus data feed, which provides intraday reference data and symbology updates for global futures and options markets. This follows the recent launch by Thomson Reuters of its enhanced DataScopePlus product, which captures intraday reference and market changes every 15 minutes. This extended alliance partner agreement builds on the successful collaboration between the two firms since 2005, which offered a groundbreaking symbology reference data solution.
Commenting on the implementation, Mark Woolfenden, Managing Director of Euromoney TRADEDATA, said "The intraday service will offer our Thomson Reuters clients more frequent data updates during the trading day, which will enable them to provide a superior service to their clients by reducing trade breaks and improving resolution times on data queries. We are pleased to extend our relationship with Thomson Reuters into intraday services, especially as new content with more frequent updates will support the increased demands of MIFID II in more timely regulatory reporting, due to go live in January 2018."
Commenting on the integration Gregg Whitbread, Global Head of Business Development said “For more than a decade our Thomson Reuters consumers have enjoyed increased operational efficiency across the entire front to back trade life-cycle, with the strategic capability to win new business regardless of their clients' choice trading technology. In these times of unexpected global events, the “new normal” manifests itself in increased market volatility, where access to timely reference data can be a game changing differentiator. In working with Thompson Reuters to implement DataScopePlus, we now have the ability to supply mutual clients with up to 96 updates throughout the course of a single day.”
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