REUTERS LAUNCHES FIRST ORDER ROUTING PRODUCT FOR EUROPEAN ENERGY MARKETS

London- Global information company Reuters, (LSE:RTR, NASDAQ:RTRSY) today announced the launch of Reuters Order Routing for Commodities (RORC), a new trading solution for the European energy market.

RORC is a user-friendly trading solution that links Reuters growing community of commodity and energy traders, brokers, dealers and execution venues via a client hosted neutral order routing hub and Reuters desktop services.

Initially covering European power, gas, coal, freight and emissions markets, RORC allows energy traders to connect to their existing trading pools. It provides consolidated access to prices, giving traders a view of the markets on a single screen, and an integrated trade flow from front to back office. Several major players have already chosen RORC as their new route into the market.

RORC is available in trading or read-only variants and is offered integrated within Reuters premium desktop products, Reuters 3000 Xtra and Reuters Trader for Commodities, or in stand alone form.

Shaun Sibley, Head of Commodities and Energy at Reuters, comments: "Trading liquidity in many commodity and energy markets remains fragmented across a number of execution venues. As a result our customers must monitor multiple trading screens to ensure they know the best price in the market. Reuters Order Routing for Commodities solves this inefficiency by providing the trader with price discovery and trading capabilities across all markets from their single Reuters service. The consolidated tradeflow from RORC also means that our customers need to integrate only one system into their middle and back office for straight through processing, rather than the multiple integrations required today."

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