RDTH is a key element within the Thomson Reuters Quant and Event Driven Trading product suite, which offers its financial community comprehensive regulatory compliance content and back-testing investment tools. Historical tick data is used primarily for program and/or automated trading, portfolio management and valuations. It also plays a vital role in supporting the compliance, accounting and audit functions of financial institutions. Antoine Kohler, Managing Director, ICAP Information Services, said: "ICAP is pleased to expand on its successful collaborative relationship with Thomson Reuters and to make available to Thomson Reuters customers the extensive ICAP tick history, including our unique FX tick history from the electronic EBS platform and US Treasury tick history from the Brokertec platform. ICAP historical data is used by an increasing number of market participants, including algo traders and prop desks to build and test their trading models. ICAP historical tick data delivers the true view of the OTC markets from the world's premier interdealer broker, enabling valuable market insight." - more -
Mike Powell, Global Head of Enterprise Information, Thomson Reuters, commented: "Thomson Reuters is committed to delivering intelligent information to our customers, and the addition of valuable content from ICAP into our integrated 12 year archive of global tick by tick instrument prices further enhances our algorithmic trading, quantitative research and regulatory compliance solutions. We're delighted to expand our successful relationship with ICAP as part of our ongoing drive to deliver the most relevant content in the most appropriate formats to our customers."
ICAP and Thomson Reuters recently signed an agreement to extend ICAP real-time data for use in enterprise-wide business applications through the Reuters Integrated Data Network (IDN), a high-performance network collecting, collating and distributing real-time market data. The data includes active US Treasury securities as sourced from ICAPâs electronic BrokerTec platform and other ICAP-sourced government debt and fixed income products, credit derivatives, energy and commodities, spot foreign exchange, forwards, non deliverable forwards (NDFs) and options, interest rate derivatives and money markets. As part of the expanded enterprise collaboration, ICAPâs real-time spot FX EBS Ticker product will also be available to qualified Thomson Reuters customers.