Reuters Order Routing offers an easy to use trading solution that links Reuters growing global community of buy-side institutions, broker-dealers and execution venues via an open and neutral order routing centre. It is a global network of around 250 brokers and over 700 buy-side institutions.
The solution supports widely used versions of the FIX messaging protocol, a technical specification for electronic communication of trade-related messages. It enables clients to send orders over Reuters Order Routing from within the Reuters Information Desktop or via other third party order management systems certified with the service. Beyond having sophisticated market data delivery, news, charting and analytics, Reuters 3000Xtra users can easily sign up to the service at no additional software cost.
Mr. Michael Kotov, Head of Aton Electronic Trading Services (AETSTM), said, âWe are very pleased to deliver electronic trading access to the Russian equities markets, which gives a real competitive advantage to our clients. It also brings real efficiencies to our brokerage business and gives us the opportunity to access a wider client base. Very important for them is a smooth processing from trading to settlement and clearing. We are proud to be one of the first brokers in Russia to undergo this initiative with Reuters.â
Massimo di Gregorio, Reuters Managing Director for Central & Eastern Europe, comments, âIâm delighted that Aton has joined our growing community on the Reuters Order Routing service. Secure connectivity and cost-efficient order routing is greatly facilitating our institutional customersâ business workflows globally and will be a major benefit for Reuters users in the Russian financial market. This initiative supports Reuters Core Plus growth strategy by offering access and connectivity to new and emerging financial markets via Reuters Order Routing, providing clients globally with new trading opportunities previously unavailable to them.â