As the leading news and information provider to the global commodities markets, the enhancements made to RTEx bring Thomson Reuters commodity clients a complete workflow solution including price discovery, award winning news, market analysis and trade execution with back office output capabilities, all within a single desktop. Its existing exchange traded instrument clients also benefit from new functionality which provide improved workflow and ease of trading.
Mark Redwood, President of Sales & Trading, at Thomson Reuters, said, âAs traders move away from more complex structured instruments to their flow businesses and more traditional areas such as commodity and cash markets, the enhancements to RTEx could not be more timely. Thomson Reuters is committed to supporting its customersâ needs to lower costs and these enhancements allow our information and transactions customers to extract greater value by having the ability to route orders using our broker-neutral and global distribution network.â
RTEx allows the routing of equity, equity derivatives, futures contracts as well as commodity instruments, across its vast and broker neutral order routing network.
Other enhancements to RTEX include:
â¢ Improved use of desktop real estate. Slim lined order tickets, fully customisable workspace
â¢ Order Book â Join the ASK or BID, BUY or SELL or sweep the order book, all at the click of the mouse. âPanicâ Buttons to âCancel My Buysâ, âCancel My Sellsâ or âCancel Allâ
â¢ Bump Buttons â rapidly modify orders using a context sensitive panel of bump buttons. Change limit of an order to the prevailing market price with a single key stroke
â¢ Spread Trading of futures spreads listed on exchanges including CME, CBOT, EUREX, NYMEX and many more. As well as some specific cross exchange spreads
â¢ Request For Quote functionality for Securitised Derivatives and Spreads
â¢ Indications Of Interest from Tradewebâs AutEx, an industry leader in indications of interest (IOIs) and trade advertisements to the buy side community. Receive filtered, high quality natural IOIs for orders sitting in the blotter
RTEx is available to users of Reuters 3000 Xtra, Reuters Trader and Reuters Trader for Commodities. It provides access to the joint global community of Tradeweb Routing Network and Reuters Order Routing Network, comprising over 1,000 participants worldwide and processing in excess if 1.5 billion shares per day.