Thomson Reuters (NYSE:TRI) announced that its clients have been given access to aggregate quotes of the Moscow Exchange FX Market via Thomson Reuters’ FX Trading platform.
The new functionality will allow users to see quotes of Moscow Exchange, Thomson Reuters Matching, Orderbook and counterparty banks’ liquidity on one desktop and trade at the best available prices, also by executing trades on the Exchange directly via the FX Trading platform. Project partner Raiffeisen Bank provides Thomson Reuters clients with technical and legal access to MOEX liquidity.
Igor Marich, Managing Director for FX and Money Markets at Moscow Exchange, said:
The cooperation with Thomson Reuters has extended the opportunities of our sales channels. Now participants of foreign exchange market, banks and such financial institutions as institutional investors, funds and corporations involved in FX operations with Russian rouble, will have a deep and uninterrupted access to USD/RUB liquidity from Moscow Exchange.
Piotr Marczewski, Managing Director at Thomson Reuters Russia/CIS, commented:
This joint solution by Thomson Reuters, Moscow Exchange and Raiffeisenbank will help the trading community to gain access to MOEX liquidity pool via FX Trading platform, which being aggregated with Thomson Reuters venues will allow achieve best execution in Rouble. We are pleased to provide new opportunities, technologies and expertise to help our customers and partners find answers to the most crucial questions they face every day in their business lives.