offering through a rolling agreement with independent financial research company, Trading Central. This agreement underscores Reuters aim to supply
financial market professionals with the most accurate and granular data
sources available, via its real-time financial information platform.
Under the agreement, Reuters will deliver Trading Central's complete data
service which includes technical analysis, trends and commentary information
on more than 1,000 instruments in four languages - English, French, German,
and Italian. The independent analysis focuses predominantly on equities and
sector indices that drive markets in Europe, the US and Asia. However, it
also provides analysis for major cross-currency rates and interest rate
futures (USD, EUR, GBP).
Users will be able to access the fee-based service around the world through
a number of Reuters premium offerings including Reuters 3000Xtra, the
company's flagship platform. The analysis service offers trading ideas,
directional scenarios, resistance and support levels. In addition, the
information can be used to determine "stop loss" and "take profit" levels,
optimise timing, run positions and manage risks.
Paul Hansford, Head of Premium Desktop Services, Reuters, said, "Reuters has
noted the need for independent research which has been highlighted by
regulators following the recent conflict-of-interest scandals in the
marketplace. The deal with Trading Central augments Reuters excellent equity
coverage by providing our 539,000 market users with the opportunity to
utilise best in class independent equity analysis. We are delighted to have
formed a relationship with such a highly regarded independent data
Alain Pellier, CEO, Trading Central said "Making our technical analysis wire
available on Reuters screens is a key milestone in the history of our
fast-growing company. We are pleased that Reuters users are now in a
position to get access to our high-value service. And we are proud to be
teaming up with such a well-known organisation in the financial industry to
develop usage of technical analysis by market professionals."