Equities Dealing, Brokerage and Market Making

Transcription

1 Equities Dealing, Brokerage and Market Making SEEK MORE

2 Fully informed and ready to trade A whole world of information affects the equity markets economic data, global political events, company news and swings in other asset classes. Directional changes are rapid and market sentiment is often hard to interpret. So you need real vision global access to comprehensive information in actionable form. Thomson Reuters Eikon is the world s most innovative desktop and mobile application, delivering news, analytics and financial data across asset classes globally along with intuitively designed tools that enable deeper discovery and collaboration across the financial community. These enable equities professionals to: Rapidly analyze all trading factors surrounding a symbol View blended quotes and orders from multiple venues Interpret the macro picture to time trades right Quickly find information to trade new symbols Develop a unique perspective and a differentiated point of view Use new tools to research potential prospects Take action before the market moves This is the vision you need in a single intuitive space, you have everything that empowers you to attract order flow and attain the best trade. 2

3 Equities under pressure Today s pressure is unprecedented: increasing regulation, low equity volumes, fragmented liquidity, algorithmic trading, and cross-asset price correlation. They are all forcing you to expand your skills, handle new instruments and demonstrate new value for your clients. But where there are challenges, there are opportunities for those who can see them, grasp them and execute them better than the competition. Thomson Reuters Eikon puts you at the center of a dynamic financial community, with the tools and the information to turn pressure into profit. MASSIVE REGULATORY REFORMS put pressure on you to explain the market, the trade and the strategies used to achieve best price. DECREASING EQUITY VOLUMES have substantially reduced commissions, execution fees and margin revenue. MACROECONOMIC, POLITICAL AND CROSS-ASSET IMPACTS mean that even domestic-only traders have to track the global market. Macro events, political news and price swings in other asset classes can dramatically impact your trades. FRAGMENTED MARKET STRUCTURES, VENUE PROLIFERATION AND MORE DARK POOLS have increased the complexity of trading equities. AUTOMATED TRADING INCREASES YOUR RESPONSIBILITIES once you would manage perhaps a dozen symbols; now with the support of an execution management system you are handling hundreds. It s not easy to stay on top of the market for all of them. 3

4 Never miss a market move while you trade Take ACTION before the market moves Reuters delivers thousands of market-moving beats and exclusives a year, so you can act before the market moves. We cover company, financial, economic, geopolitical and natural disasters that regularly have a material effect on the markets. With more journalists in more locations including local coverage from growth areas we will keep you on top of the market. And our comprehensive alerting capability enables you to focus on the news and data trends that are important to you. Get the most comprehensive view of LOCAL and global liquidity A Blended Order Book enables you to see across multiple markets and multiple currencies, down to 10 levels of depth. It delivers full market-by-price book, using Elektron, our high-performance data and trading network. Work with it alongside the Blended Time and Sales and VWAP calculations to give yourself the most comprehensive consolidated view of liquidity available. Interpret the MACRO PICTURE to time TRADES right The Economic Monitor page provides real-time monitoring of the economic releases with direct drill-down to the data. You can set up custom screens that show the exact combination of macroeconomic and trading data that affects the markets you trade. Do more and do it faster Quickly analyze all TRADING FACTORS SURROUNDING a SYMBOL Now you can always see the critical information that affects the symbols you are working. What is contributing to a sudden swing? Quickly analyze all the contributing factors with Company Views. And use our Significant Developments service to filter out the noise so you can focus on the events that really impact the company, its peers or suppliers. 4

5 Use trusted insights to build relationships React quickly as the conversation develops During your client conversations, you can react quickly to bring extra value. Quickly navigate analyst estimates, holdings, events, financials, relevant news, and debt information. And find other information quickly using our natural-language search. Develop YOUR own unique perspective Spot new ideas and develop thinking that differentiates you in front of your clients. Use the Screener and SmartEstimates analytics to screen for companies with a high likelihood of an earnings surprise. The StarMine service offers unique analytics and predictive models to help you gain insight into earnings quality, valuation, and momentum. Additionally, our Breakingviews commentators regularly anticipate stock movements, providing genuine insight and opinions to inspire fresh ideas. Use new TOOLS TO research potential prospects Understand the buy-side in more detail to trigger new opportunities; our StreetSight database holds shareholder details for both public and private companies and our screeners give you deeper insight into the holdings of a client s competitors. 5

6 Opportunity from community At all points, Eikon makes it easy to share valuable insights immediately with colleagues and clients. Send a display, an application or a complete workspace to another Eikon user, who can see this being updated in real time. Thomson Reuters Eikon Messenger gives you instant communications with more than 200,000 financial professionals around the globe across different messaging platforms. You can participate in active, relevant discussions and raise your profile among the people that matter to you. Reach a bigger buy-side community Tap into a network of more than 800 buy-side firms with Thomson Reuters Autex Trade Route; this is one of the world s largest order-routing networks, with unrivalled resiliency. Covering multiple asset classes, it helps simplify your trading connectivity to local and global clients. Rapidly connect to client order flow with a solution already integrated with OMS and EMS providers. The one-millisecond hub-processing latency provides a differentiated solution for DMA and algorithmic flow. Explore and discover Examine new information, TRADE new INSTRUMENTS If you want to trade a new instrument, research a new symbol or explore studies you ve never worked with before, you can start quickly. Natural-language search makes it easier and faster; simply describe what you want and click on the suggestions. 6

7 Seek more and profit more across your entire enterprise Thomson Reuters Eikon provides you and your enterprise with more than unrivalled equities solutions. It connects and powers the global financial community with the principles of trust, openness and innovation. We deliver comprehensive and unique news, data, analytics and insight. Our tools and applications filter and display information to suit your workflow, connecting you with the broader financial community. We support pre-trade and post-trade workflow to link people and markets efficiently. Our infrastructure and services meet complex enterprise requirements and connect users, information and markets. All this enables you to uncover deep insights and new ideas; you can manage compliance and proactively mitigate risk; you can drive faster and smarter performance and stronger profits. The tools for success Thomson Reuters Eikon is purpose-built to tame the complexity of global equities information. Whether you are analyzing, advising or trading, there is a constantly-growing set of tools that give you fast access to the most comprehensive information set, in the most useful form. These include: Intuitive Search and Alerting Reuters News, Analysis, Commentary Corporate Developments Cross-asset Real-time and Historical Prices 360 Company Views Historical and Real-time Liquidity Patterns Screener Economic Monitor Calculators, Models and Excel Option Pricing Technical Analysis Tools Company Fundamentals, Analytics Broker & Independent Research Holdings, Ownership & Profiles Natural-language search and auto-suggest enable you to find information fast. Comprehensive alerting capability ensures you stay aware. Early breaking news reports with analysis and surveys a global and local point of view across all financial sectors. Market-moving company news analysis and filtering service with Significant Developments. The widest range of cross-asset real-time and historical prices globally, including FX, Money Markets, Fixed Income and Commodities. A single point of access for company data: Fundamentals, Estimates, SmartEstimates, Aggregates Matrix, Ownership & Insiders, Corporate Actions, Competitors and StreetEvents. Including Blended Order Book, Time and Sales, real-time and historical VWAP, Broker Statistics and Autex IOIs. Find securities that display certain characteristics; apply simple or sophisticated filters and rank them using a wide range of parameters. Track and compare all Economic Indicators by Country. Purpose-built calculators include Stock Return Calculator, Correlation Matrix, Regression Calculator, Pairs Calculator, Arbitrage Calculator and Excel Add-Ins provide for historical and fundamental functions. Options Watch, Strategy Calculator and Volatility Charts to construct up to four legs in addition to an underlying equity or index. A deep set of technical charting studies and a subscription for back-testing. Including global fundamentals, I/B/E/S estimates, SmartEstimates Earnings Quality, Intrinsic Valuation Model, Analyst Revision Model and Credit Risk Models. Real-time access to research documents from approximately 800 contributing brokers and 110 independent firms. Holdings across more than 50,000 securities in 70+ markets with Thomson Reuters Lipper and StreetSight. 7

8 THOMSON REUTERS EIKON MORE CONNECTED. MORE INFORMED. MORE INTELLIGENT. MORE OPEN. 1 A new benchmark for usability natural-language search with auto suggest For the first time, we bring a Web-style, natural-language search to financial markets content. Just describe the information you re looking for and you ll find the news, data and charts you re after. 2 More market-moving news stories and more exclusives Our deep relationships with traders, investment bankers, CEOs, policy makers and government officials enable us to break more market-moving news than any other provider Views of a Symbol s Trading Indicators Company Views provide one place to access key trading data and company intelligence, where you can make company-specific, sector or competitor trading comparisons. 4 Access to the widest range of cross-asset data that impacts equities markets From FX and Money Markets prices to Fixed Income, Commodity Fundamentals and Economics to specialist content, Thomson Reuters Eikon delivers it all. 5 Screener with I/B/E/S and SmartEstimates By combining I/B/E/S Estimates and SmartEstimates analytics with an equity Screener a combination unique to Thomson Reuters Eikon you can identify earnings surprises. 6 More depth at more venues Thomson Reuters Eikon provides a full market-by-price book, consolidated across currencies and venues. Combined with Blended Time and Sales and VWAP studies, this is the most comprehensive view of liquidity available in the market. 7 Unparalleled flexibility to match the way you work Desktop or mobile it is easy to set up Thomson Reuters Eikon to match your workflow. From the creation of custom screens to the dynamic linking of objects, it will simplify your life. 8 The world s leading economic and financial commentary service Reuters Breakingviews provides challenging, expert commentary across monetary and fiscal policy, mergers and acquisitions, capital markets, commodities, and energy. Clear graphics help you rapidly interpret unfamiliar data. 9 An unrivalled contact database to identify block ownership Thomson Reuters StreetSight is the largest global base of 150,000 contacts covering 17,000 buy-side institutions and over 50,000 funds from more than 70 countries. Know more about the people you are speaking with and position trade ideas better. For more information about Thomson Reuters Eikon please visit: thomsonreuterseikon.com Send us a sales enquiry at: financial.thomsonreuters.com/sales Access customer services at: financial.thomsonreuters.com/customers Find out how to contact your local office: thomsonreuters.com/about_us/locations/ 2014 Thomson Reuters /14. Thomson Reuters and the Kinesis logo are trademarks of Thomson Reuters.