cats and Thomson Reuters have signed a software license and distribution agreement for trading in the Thompson Reuters Securitised Derivatives Network. Through the alliance with cats, Thomson Reuters can offer brokers and other firms off-exchange execution capabilities that allow them to manage order flow and directly execute transactions. Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. They combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people and operates in over 100 countries. For more information, go to thomsonreuters.com.
cats connected to EMCF in 2011 that merged with European Central Counterparty N.V. (EuroCCP) in 2014. EuroCCP clears equities traded on stock exchanges, multilateral trading facilities and other securities trading platforms. After a trade has been executed, EuroCCP centrally manages counterparty risk for trading firms and reduces their post-trade costs through netting. EuroCCP clears for 16 trading platforms; it clears equities, ETFs and depositary receipts from 18 markets including the United States. More about EuroCCP