FX news: BGC to use Reuters for FX options post trade

Thomson Reuters announced on Wednesday that BGC Partners, the interdealer broker, has expanded its post-trade offering of Thomson Reuters Trade Notification to include FX options.

Thomson Reuters announced on Wednesday that BGC Partners, the interdealer broker, has expanded its post-trade offering of Thomson Reuters Trade Notification to include FX options.

With increased trading volumes, more institutions are focusing on post-trade efficiency to reduce errors and costs. Thomson Reuters has expanded its trade notification (also known as RTNS) to include interest-rate swaps, cash bonds, FX spot, forwards, swaps, money market loans and deposits, and FX options. BGC is one of the first to sign up to publish FX options messages using RTNS to offer customers value-added straight-through processing.

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