Reuters Indications of Interest

Reuters Indications of Interest is an advanced order indication solution that quickly and seamlessly links institutions and broker/dealers. As a broker, you can send indications and advertisements to the buy side to help you raise your firm's profile, stay connected to your customers and ultimately, attract more order flow and gain liquidity.

Whether a buy- or sell-side professional, Reuters Indications of Interest provides you with the information you want, to find the liquidity you need, to move in and out of stocks at any time.

• For the sell side
  • Get top billing for your orders - with orders that are ranked by specificity (the more specifics you provide, the higher the rank), allowing you to get your orders to the forefront of market activity and get the liquidity they need.
  • Increase visibility - with access to decision-makers at more than 700 institutions; IOIs and ATs are also available in popular Reuters BridgeStation displays such as Tabular Trades and the Technical Summary page as well as dynamically in MarketWatch or streaming through Ticker.
  • Control your order flow - with ability to attach Special Messages to your IOIs and target specific institutions.
  • Optimise your desktop space - using one terminal to view Indications of Interest (IOIs) and Advertised Trades (ATs), as well as research the stocks you make markets in.
  • Enter orders with ease - using Reuters TRIAD, the FIX traffic consolidator, and with Reuters BridgeStation applications.
    
    
• For the buy side
  • Gain a true perspective of "real" order activity - with orders that are ranked by specificity (the more specifics a broker provides, the higher it is ranked), encouraging only real orders to be input, rather than brokers fishing for activity.
  • Control order activity - with filters that let you monitor only the stocks you're watching.
  • Optimise your desktop space - using one terminal to view and enter Indications of Interest (IOIs) and Advertised Trades (ATs), as well as research the stocks you make markets in.
  • Gain a better view of who's moving the market - Reuters is the one of the only systems that combines market maker order activity with current exchange data on the same display giving you a better view of who is moving the market.
  • View in convenient displays - IOIs and ATs can also be seen dynamically in MarketWatch or streaming through Ticker.

• For the sell-side
  • Intelligent order ranking system - your indications are displayed by specificity, not by a simple time sort that can mask your valuable contribution. The more specifics you provide, higher the rank of your indications
  • Visibility to a community of over 1000 institutions and 100 brokers
  • Ability to control your order flow with Special Messages by targeting specific institutions
  • Combined indications and advertised trades for a symbol in a single display to view your IOIs ranked by quality versus market activity in terms of ATs
  • Integrated with other Reuters services - such as Reuters Station, Reuters 3000 Xtra (EMEA only) and Reuters Order for Routing for Equities
  • Ranking reports and trading pattern analysis reports by using Reuters Trade Reports.
    
    
• For the buy-side
  • Intelligent order ranking system – indications are displayed by top quality and not a simple time sort for keeping the best ones from falling off your screen
  • A community of over 1000 institutions and 100 brokers
  • Filters capability to monitor IOIs and ATs in dynamic views. Filters are available on key fields specific to indications and advertised trades
  • Reports to rank brokers in your list, or all brokers by their levels of IOI and AT activity in individual or multiple stocks, or by portfolios, as in cumulative OTC or listed volume

Reuters Indications of Interest is one component of our straight-through processing (STP) solutions, which enable seamless and efficient equities transactions from front to back office.