Thomson Reuters this week unveiled Elektron, a global, ultra-high speed network and hosting environment that enables financial firms to access and share information faster and more cost-effectively.
Participants will be able to connect to the financial community and securely reach trading partners over the network.
Thomson Reuters says that Elektron will enable firms to trade faster, using the most complete coverage of real time financial information available, 20 times faster that traditional networks. It adds that firms will benefit from cheaper operational costs as a result.
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