Under the new deal, TSAF will have the Reuters Order Management for Exchange Execution (ROMEX) infrastructure in Paris comprising market gateways,
including to Liffe, Eurex, eCBOT, and CME.
The ROMEX solution may also be expanded to accommodate TSAF future plans, connecting to additional stock exchanges, linking up with international trading partners or with any other Tradition subsidiaries.
Jean-Pierre Aubin, CEO of TSAF, comments: âOur decision to choose Reuters was based on technical reliability, the ability to access several markets from one platform and the ability to serve multiple pools of brokers in Europe from a Paris based infrastructure. The Reuters solution delivers on all our key criteria and comes with the vital high-level technical and functional support that weâre looking for.â
Marc Carletti, Managing Director of Reuters France, comments: âWe are pleased to extend our relationship with TSAF with this new deal. ROMEX will enable them to trade equities and derivatives in one infrastructure. In addition, the automatic access to customers and trading partners will improve flexibility and cost efficiency. TSAF represents the first and largest ROMEX client in France to date.â
Launched in March 2003, ROMEX in combination with Reuters 3000 Xtra covers the three steps of the trading process: from price discovery, secure trading to settlement. ROMEX can be used as a stand-alone offering, integrated with existing internal systems or with other Reuters applications such as Kondor+. ROMEX enables trading in more than 50 markets (equities, derivatives, fixed income) worldwide.