agreement with Tradition Financial Services (TFS), the leader in over-the-counter energy and commodities derivatives, to deliver TFS pricing services via several of Reuters desktop products.
Under the terms of the service, Reuters customers worldwide can access TFS'
benchmark over-the-counter (OTC) non-US Coal prices and Pulp & Paper prices
for the US and Europe, including historical data, through desktop products
such as Reuters 3000 Xtra and Reuters Market Monitor, amongst others. Subscribers to Reuters real-time Coal service can now also receive TFS'
regular OTC coal market commentary.
The move signals further expansion of Reuters information products and services in the commodities and energy industry and highlights the company's commitment to provide specialized services for growing markets.
TFS' pricing information is designed to provide decision support to financial markets professionals in the OTC energy and commodities derivatives markets, as well as commodity analysts, industry managers, engineering and consulting companies, researchers, and financial journalists.
Christopher Masters, Director of Strategy, Marketing and Projects, Reuters
Treasury Services, said: "TFS is one of the leading players in the OTC Coal
and Pulp & Paper markets and its prices stand as a reference for financial
professionals worldwide. This agreement with TFS underlines our continuing
commitment to deliver the best and most timely commodities and energy information to our customers when and where they need it."
David Jenkins, Director of European Energy Products for TFS, said: "Reuters
is developing premium data products with increasingly tailored and specialist market data in tune with changing and expanding market requirements. The addition of our data to Reuters services delivers a powerful and comprehensive tool to those trading in the OTC commodities derivatives markets."