Reuters released a new version of its Reuters Trading for Foreign Exchange (RTFX) platform this week. I hear that the snappily labelled RTFX Version 2 has been well received.
RTFX now has 30 liquidity providers and the new version allows its 1,000 end users to compare prices from their preferred counterparties in a single, competitive view. Various charts, reports and other data can also be displayed by counterparty or currency and Reuters says it has enhanced its reporting functionality as well.
The system is available over 3000 Xtra, which is on the desktops of more than 100,000 users globally, myself included. I haven’t had a chance to whack anyone on it yet, but if Euromoney puts up the margin, I’ll be more than willing to have a bash.