Thomson Reuters Adds Bitcoin-to-USD Prices to Eikon Trading Software
International media and information firm Thomson Reuters, the parent company of global financial news agency and financial market data provider Reuters, has added bitcoin pricing information to its Eikon trading software.
Offering a mix of news, markets data and analytics, Thomson Reuters Eikon was launched as a competitor to Bloomberg terminals, the 320,000-subscriber strong tool that helps empower Wall Street and professional traders.
Eikon will now display the price of bitcoin in USD as tracked by major Europe-based digital currency exchange Bitstamp. Thomson Reuters cited strong customer demand as the impetus for the decision, which notably follows Bloomberg’s 30th April decision to list bitcoin prices using data from US-based digital currency exchanges Coinbase and Kraken.
The official announcement promised to extend Eikon users the same level of functionality they are accustomed to from the service, stating:
“Traded rates and volumes as well as top of book quotes are all now available for you to act before the market moves.”
Thomson Reuters also cited bitcoin’s recovery following the insolvency of Japan-based digital currency exchange Mt. Gox and the addition of major merchants such as Expedia and DISH Network to its ecosystem as strong signs that the market is maturing.
Image via Thomson Reuters
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