Thomson Reuters Preps Global Algo News

Abstract

Thomson Reuters is broadening the coverage of economic news available via its NewsScope machine-readable news feed, and is redesigning the technology architecture used to distribute the feed by adding Points of Presence (PoP) in Chicago and London to allow local trading participants to integrate news into their trading algorithms with lower latency, officials say. With more global content available, Thomson Reuters is also broadening the access points where clients source its NewsScope feed, by adding new PoPs in Chicago and London to complement its original PoP in New York and a beta PoP in Washington D.C. in close proximity to the government agencies that generate most of the US-based economic indicators carried by the service.