Thomson Reuters’ new dashboard to optimise buy-side trading
Thomson Reuters has created a new dashboard in Eikon designed to help buy-side traders quickly decide how to direct equities trades for optimum results. The tool is a powerful and intuitive next-generation solution for consuming real-time and historical data providing a streamlined view of multiple pieces of relevant information on a single screen. This comes on the back of regulatory change, which created market fragmentation and resulted in unprecedented complexity.

Source: Thomson Reuters

Thomson Reuters has created a new dashboard in Eikon tailored specifically to the needs of buy-side equities traders.

The new Eikon app, Buy-Side Optimized Workflow (BOW), brings together key Eikon capabilities into a single screen to help buy-side traders quickly decide how to direct trades into the equities market.

Using Eikon’s search capability, buy-side traders can now look up stock-specific data to quickly determine which broker or trading option best meets their needs. The new app is designed to quickly present the multiple pieces of information they require in one screen. For each security, the dashboard includes items such as a personalized 30-day trade history from Autex Trade Route, top StarMine analyst rankings and additional data from Autex including the current day’s active Indications of Interest and broker rankings by trade volumes.

Following regulatory changes in equities markets, the buy-side is faced with unprecedented complexity due to fragmented liquidity, multiple broker relationships, the growth of algorithmic trading and increased regulatory scrutiny. By streamlining the process of viewing previously executed trades, sourcing liquidity through IOIs, broker trade advertisements, and analyst rank, Buy-Side Optimized Workflow helps traders move seamlessly from idea to execution.

“Thomson Reuters Eikon contains a huge amount of powerful information for the equities buy-side which is why it’s more important than ever that we help our customers find and analyse the key information they need quickly and easily,” said Michael Chin, global head of equities at Thomson Reuters. “By bringing together elements necessary to determine how to direct trades into market in a very intuitive and tailored way we have created something quite unique for the market. And the customer reaction to that has been really positive.”

Thomson Reuters Eikon is a powerful and intuitive next-generation solution for consuming real-time and historical data, enabling financial markets transactions and connecting with the financial markets community. Its award-winning news, analytics and data visualization tools help its users make more efficient trading and investment decisions across asset classes and instruments including commodities, derivatives, equities, fixed income and foreign exchange. Thomson Reuters Eikon is a leading desktop and mobile solution that is open, connected, informed and intelligent, and provides access to a messaging community of over 250,000 financial professionals. Eikon’s third party development suite, App Studio, allows Eikon users and developers to create apps that display as native applications within the Eikon screen.