Advertisement
Singapore markets close in 2 hours

  • Straits Times Index

    3,265.41
    +40.24 (+1.25%)
     

  • Nikkei

    37,552.16
    +113.55 (+0.30%)
     

  • Hang Seng

    16,789.82
    +278.13 (+1.68%)
     

  • FTSE 100

    8,023.87
    0.00 (0.00%)
     

  • Bitcoin USD

    66,409.10
    +60.23 (+0.09%)
     

  • CMC Crypto 200

    1,402.24
    -12.52 (-0.89%)
     

  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     

  • Dow

    38,239.98
    +253.58 (+0.67%)
     

  • Nasdaq

    15,451.31
    +169.30 (+1.11%)
     

  • Gold

    2,315.50
    -30.90 (-1.32%)
     

  • Crude Oil

    83.02
    +0.17 (+0.21%)
     

  • 10-Yr Bond

    4.6230
    +0.0080 (+0.17%)
     

  • FTSE Bursa Malaysia

    1,564.25
    +4.66 (+0.30%)
     

  • Jakarta Composite Index

    7,114.04
    +40.22 (+0.57%)
     

  • PSE Index

    6,515.43
    +71.35 (+1.11%)
     

Thomson Reuters purchases buy-side tech firm REDI

Reuters

LONDON (Reuters) - Thomson Reuters has agreed to acquire trading technology firm REDI Holdings, it said in a statement on Thursday.

Thomson Reuters said the REDIPlus execution management system would strengthen its Eikon financial markets desktop by making it easier for institutional customers to trade seamlessly on the platform.

The statement gave no details on the cost of the transaction.

"Integrating REDI into Thomson Reuters solutions will enable us to transform Eikon into a world-class trading solution for the buy-side," said Michael Chin, managing director, global head of equities at Thomson Reuters.

Reuters News is owned by Thomson Reuters.

(Reporting by Patrick Graham; editing by Susan Fenton)