Infrastructure

10:31 AM
Connect Directly
Google+
Twitter
RSS
E-Mail
50%
50%

Thomson Reuters' Elektron to Power Dow Jones' U.S. Indexes

The move expands the existing collaboration between the rival news and market data firms.

Thomson Reuters announced it will allow rival news and market data provider Dow Jones to use the Elektron trading and data platform to power its U.S. index data business, a move that expands the existing collaboration between the two firms.

Thomson Reuters already supplies real-time data for Dow Jones' international indexes, but under this agreement its Elektron system will supply its U.S. indices – including the iconic Dow Jones Industrial Average - with market-moving information, the companies said.

"The Dow Jones Industrial Average has been the leading benchmark index for U.S. equity markets for more than a century. It is a privilege to be selected as a provider of next generation data solutions to power Dow Jones' U.S. indexes in this era of high-performance trading," said Elektron managing director Ralf Roth. As the Senior Editor of Advanced Trading, Justin Grant plays a key role in steering the magazine's coverage of the latest issues affecting the buy-side trading community. Since joining Advanced Trading in 2010, Grant's news analysis has touched on everything from the latest ... View Full Bio

Comment  | 
Print  | 
More Insights
Register for Wall Street & Technology Newsletters
White Papers
Current Issue
Wall Street & Technology - Elite 8, October 2014
The in-depth profiles of this year's Elite 8 honorees focus on leadership, talent recruitment, big data, analytics, mobile, and more.
Video
7 Unusual Behaviors That Indicate Security Breaches
7 Unusual Behaviors That Indicate Security Breaches
Breaches create outliers. Identifying anomalous activity can help keep firms in compliance and out of the headlines.