Reuters Electronic Trading Johann Leikert Sales Manager Sales Specialists Sales & Trading CEE Rovinj, May 2010.

Reuters Electronic Trading

Johann LeikertSales Manager Sales Specialists Sales & Trading CEE

Rovinj, May 2010

RET – Automated Dealing

RET - Automated Dealing (RET-AD) enables banks to offer theircorporate customers and branches the ability to tradedirectly with them.

RET-AD

Trading Styles

One click Trading

Trading Styles

RFQ

Supported Instruments

• FX Spot• Roll Spot to Forward trade

• FX forward outright • NDF

• FX Swap

• Time option

• Deposit and Loan

• Auxiliary Trade• Early Take-up

• Rate Extension

• Templet Based Trading: FX Options, FRAs, CAPs&Floors

Forward/Swaps

Money Market

Templet Based Trading – FX Option

User Interfaces

• Client Applet

• Proxy Applet (client advisor trades on behalf of his client)

• Trader Applet

• Administration Applet

Rate Monitor

Trade Rate Manager

The TRM allows traders to dynamically manipulate the system

Market rate feed.

• Configure Pricing Styles

• Direct, Crossed or Derived

• Handle different Spreads

• Rate Blending

• View Current Rates

Trader Applet

Manual intervention

Filters and Modifiers

• Filters are used to route deals from clients to trader and to configure the autotrader

• Modifiers can be defined per instrument, user or user group, currency, tenor or ‘Bid’ and ‘Offer’ to apply margins automatically.

• Liquidity in/outsourcing• Back to Back Trades

• Order Management• Order Access• Automated Orders

• Connection to Multi-bank portals• FX ALL• Currenext• 360T• RTFX

Additional Features

RTFX – Overview• Execute FX Trading from Xtra or

Dealing Keystation

• Compare streaming executable prices from multiple liquidity providers

• Trade Spot, Forwards, FX Swaps and Bullion

• Broad range of currency trades including Majors and Emerging Markets

• Competitive RFQ, one click trading (Fast Trade) and Orders

• Improved trade process through STP

Market Making on Reuters Trading for FX

Taker client applet Taker deal ticket

Taker deal ticketPrice Maker applet

RET - Preferred vendor solution

FX Week awarded Thomson Reuters Best Broker for Currency Options, Best Broker for Emerging Markets and

Best Vendor for Dealing Technology accolades in November 2009.

100 Clients are using RET on the hosted enviroment

30 Clients are using RET on deployed basis

RET-AD Client base

Aegisoft – Liquidity aggregation

What´s next?

• Integration of Aegisoft Athena FX, the leading FX Aggregation Platform

• FX ECNs

– Reuters, EBS

– Currenex, HotSpot, etc.

• FX Banks

– Barclays, Citi, Deutsche Bank

– Nordea, HSBC, etc.

• Synthetic FX Crosses

• FX Futures in Spot Terms

• One Click Trading with Drag and Drop

• Aggregated and Non-aggregated Views

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Aegisoft AthenaFX Aggregation function

Integration of Aegisoft Athena FX to RET

Customer Channels

RTFX

FXALL

360T

BB

CNX

FXConnect

Tradeweb

RETClients

ReutersElectronic

Trading

Aggregated Top of Book

Completed DealsHedge

(Manual)

Market

Updates

Volume/Client

Adjusted Rates

RFSQ/RFQ or

1-click Request

•Athena aggregates the market and sends best bid/offer to RET

•RET applies volume and customer margins and streams to channels

•RET receives 1-click trade requests and RFQ/RFSQ from clients

•RET manages the transaction to completion

•RET passes completed trade details to Athena

•Athena updates position to allow manual hedging

LIVE DEMO

Johann LeikertSales Manager MSS S&T CEE

Phone: +43 1 53112 283

[email protected]