Thomson Reuters boosts liquidity access for FX market participants with three new data centers

Thomson Reuters Corp (NYSE:TRI) has established three new data centers, located in New York (NY4), London (LD4), and Tokyo (TY3), to provide FX market participants with improved local connections to its FX liquidity venues.

Thomson Reuters now offers FX clients a variety of connections that are customizable based on their specific trading volumes and needs. Clients can connect locally for access to all Thomson Reuters global FX transaction venues and ultra-low latency connections which enhances access to liquidity regardless of their location. As part of the move, Thomson Reuters has also expanded its continuous streaming price service to London and Tokyo – thus liquidity providers based in Europe and Asia can improve latency for streaming real-time prices to their local clients.

Phil Weisberg, global head of FRC Trading at Thomson Reuters, says,

“Having the best possible access to liquidity is critical in a market where evolving regulations and market structure changes are impacting the FX industry’s ability to trade. By providing our customers with local options as to how they connect to market liquidity, Thomson Reuters is able to further improve their latency, pricing options and workflow while ensuring business continuity within a robust connectivity network.”

Thomson Reuters FX transaction venues facilitate trading across all major currencies and its customer footprint covers more than 120 countries. Over 20,000 traders from asset managers, banks, corporate treasurers and hedge funds use Thomson Reuters transactions platforms to trade more than $350 billion in daily FX volumes on average.

For the official announcement from Thomson Reuters, click here.

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