Thomson Reuters and FXall Secure Wins at FX Week Best Banks Awards 2012

Thomson Reuters named “Best Vendor for Dealing Technology” and FXall named “Best Professional Electronic Trading Venue”

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that it has been named “Best Vendor for Dealing Technology” in the FX Week Best Bank Awards 2012. FX Alliance Inc. (“FXall”), a Thomson Reuters company and the leading independent global provider of electronic foreign exchange trading solutions, was also named “Best Professional Electronic Trading Venue” in the awards. The awards are voted for by banks, corporate treasuries and investors and are based on a variety of criteria including pricing, liquidity provision, counterparty risk, speed of execution and reliability.

FXall has been named FX Week’s “Best Professional Electronic Trading Venue” for the third consecutive year, in addition to being awarded “Best Multi-Bank FX Trading Portal” for six consecutive years since 2003. Thomson Reuters was awarded “Best Vendor for Dealing Technology” for the fifth consecutive year.

“We are delighted to have once again won these awards and want to thank our customers for their appreciation of the solutions we provide,” said Abel Clark, managing director, Marketplaces, Thomson Reuters. “These FX Week awards are testament to Thomson Reuters continued dedication to serve the needs of the global FX community. Our commitment to deliver innovative solutions that position us at the forefront of the industry was reinforced by our recent acquisition of FXall, who were also recognised in these awards as a market leading provider.”

“We are extremely pleased to be recognized once again by FX Week as the Best Professional Electronic Trading Venue,” said Phil Weisberg, CEO, FXall. “As the market waits for new regulations to be finalized that will reshape the foreign exchange trading environment, we remain focused on delivering innovative trading solutions to meet our clients’ execution needs today and in the future. Our fully integrated multibank FX options platform, capabilities for clients to route limit and algorithmic orders electronically to banks, and automated hedging solution Auto Deal and Cover for liquidity providers are several of the most recent product enhancements expanding the capabilities available for our customers.”

Since 1995, the FX Week Best Banks Awards have been a benchmark for the global foreign exchange industry and are indicative of who is leading the market, according to banks, corporate treasuries and investors.

Thomson Reuters
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 and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organisation. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges.  For more information, go to http://thomsonreuters.com.

About FXall
FXall, now a Thomson Reuters Company, is the leading independent global provider of electronic foreign exchange trading solutions, with over 1,300 institutional clients worldwide. FXall's offices in New York, Boston, Washington, London, Zurich, Hong Kong, Tokyo, Singapore, Sydney and Mumbai serve the needs of active traders, asset managers, corporate treasurers, banks, broker-dealers and prime brokers. For more information on FXall, go to www.fxall.com.    

CONTACTS

For Thomson Reuters

Alan Duerden
PR Director, GRC & Marketplaces
Tel: +44 20 7542 0561
Mob: +44 7825282483
alan.duerden@thomsonreuters.com

For FXall

Dafina Grapci-Penney
Associate Director, Greentarget
Tel: +44 20 7324 5484
Mob: +44 7525335733
dafina.grapci-penney@greentarget.co.uk