Thomson Reuters and ICAP EBS Join Up to Deliver Spot FX Fixes for Six Major Currency Pairs
01 March 2011
London and New York, March 1, 2011 – Thomson Reuters and ICAP today began delivering benchmark spot FX fixes for the following six major currency pairs covering EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF and USD/CAD. The prices are delivered every 30 minutes from the rates executed on the foreign exchange industry's two leading spot FX electronic trading systems, EBS and Thomson Reuters Spot Matching.
This expands the two companies’ successful partnership in producing the Bank of England replacement rates, FXFIX and FXCLOSE, which began in 2006.
Available today via Thomson Reuters next-generation desktop for financial market professionals Eikon as well as Thomson Reuters 3000 Xtra, the spot FX fixes have been developed to promote greater market transparency and to meet increasing global demand for more timely and precise reference data based on real-time market transactions.
For further information, please visit page <FXFIX/HELP1> in Thomson Reuters Eikon and Thomson Reuters 3000 Xtra or www.icap.com/market-commentary/icap-fixings.aspx.
ICAP is the world’s premier interdealer broker and provider of post trade risk and information services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, emerging markets, equities and equity derivatives through voice and electronic networks. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information go to www.icap.com
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs 55,000 people and operates in over 100 countries. For more information, go to www.thomsonreuters.com.
ICAP, Head of Media Relations
+44 (0) 20 7050 7104
Thomson Reuters, PR Director, Financial Services
+44 (0) 20 7542 2615