Eikon is a set of software products set to be fully replaced by LSEG Workspace in 2025. It is designed for financial professionals to monitor and analyse financial information. It provides access to real time
market data
In finance, market data is price and other related data for a financial instrument reported by a trading venue such as a stock exchange. Market data allows traders and investors to know the latest price and see historical trends for instruments ...
, news,
fundamental data,
analytics
Analytics is the systematic computational analysis of data or statistics. It is used for the discovery, interpretation, and communication of meaningful patterns in data, which also falls under and directly relates to the umbrella term, data sc ...
, trading and messaging tools. It provides data on asset classes including
foreign exchange
The foreign exchange market (forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. By trading volume, it i ...
,
money market
The money market is a component of the economy that provides short-term funds. The money market deals in short-term loans, generally for a period of a year or less.
As short-term securities became a commodity, the money market became a compo ...
s,
fixed income
Fixed income refers to any type of investment under which the borrower or issuer is obliged to make payments of a fixed amount on a fixed schedule. For example, the borrower may have to pay interest at a fixed rate once a year and repay the pr ...
,
equities
Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporation in proportion t ...
,
commodities
In economics, a commodity is an economic good, usually a resource, that specifically has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.
Th ...
, funds, and
real estate.
Eikon will be replaced by 30 June 2025, by LSEG Workspace. LSEG Workspace has features that are part of
London Stock Exchange Group
London Stock Exchange Group plc, also known as LSEG, is a global provider of financial markets data and infrastructure headquartered in London, England. It owns the London Stock Exchange (on which it is also listed), Refinitiv, LSEG Technol ...
(LSEG) multi-year partnership with Microsoft
History
Thomson Reuters
Thomson Reuters Corporation ( ) is a Canadian multinational corporation, multinational content-driven technology Conglomerate (company), conglomerate. The company was founded in Toronto, Ontario, Canada, and maintains its headquarters at 1 ...
launched Eikon in 2010 as a replacement for
Reuters 3000 Xtra
Reuters 3000 Xtra was an electronic trading platform which was released by Reuters in 1999 and supported until the end of 2013. It was typically used by professional traders and financial analysts in trading rooms. It was superseded by the Eik ...
, Reuters' earlier platform. At the end of 2013, an Eikon subscription was reported to cost from $300 to $1,800 per month, the average setup being around $800 per month. In October 2018 Eikon was transferred to
Refinitiv
LSEG Data & Analytics, formerly Refinitiv, is an American-British global provider of financial market data and infrastructure.
The company was founded in 2018 as a subsidiary of Thomson Reuters, which then sold a 55% stake to Blackstone Group L ...
as a result of a larger deal between
Blackstone and the Financial & Risk business of Thomson Reuters. In October 2019, Blackstone and Thomson Reuters announced the sale of the company to
London Stock Exchange Group
London Stock Exchange Group plc, also known as LSEG, is a global provider of financial markets data and infrastructure headquartered in London, England. It owns the London Stock Exchange (on which it is also listed), Refinitiv, LSEG Technol ...
. LSEG completed the US$27 billion purchase from the two previous owners in late January 2021, and Refinitiv is now a subsidiary of LSEG.
Under pressure from the
Government of China
The government of the People's Republic of China is based on a system of people's congress within the parameters of a unitary communist state, in which the ruling Chinese Communist Party (CCP) enacts its policies through people's congresses. ...
, Refinitiv censored over 200 stories by
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world.
The agency ...
covering the
2019–20 Hong Kong protests, removing them from its Eikon platform for consumers in mainland China.
The company developed a "Strategic China filter" to block politically sensitive stories from readers in
mainland China
"Mainland China", also referred to as "the Chinese mainland", is a Geopolitics, geopolitical term defined as the territory under direct administration of the People's Republic of China (PRC) in the aftermath of the Chinese Civil War. In addit ...
.
Platforms
Eikon includes a desktop client,
mobile app
A mobile application or app is a computer program or software application designed to run on a mobile device such as a smartphone, phone, tablet computer, tablet, or smartwatch, watch. Mobile applications often stand in contrast to desktop appli ...
and a Web interface, as well as APIs for programmatic access. The Eikon interface is customizable by the user. The main desktop client runs on
Microsoft Windows
Windows is a Product lining, product line of Proprietary software, proprietary graphical user interface, graphical operating systems developed and marketed by Microsoft. It is grouped into families and subfamilies that cater to particular sec ...
and lets users compose customized views on multiple screens. Refinitiv also provides data retrieval add-ons for
Microsoft Office
Microsoft Office, MS Office, or simply Office, is an office suite and family of client software, server software, and services developed by Microsoft. The first version of the Office suite, announced by Bill Gates on August 1, 1988, at CO ...
.
Eikon provides access to real-time
Tradeweb data for 20 fixed income and derivatives asset classes, including government
bond market
The bond market (also debt market or credit market) is a financial market in which participants can issue new debt, known as the primary market, or buy and sell debt security (finance), securities, known as the secondary market. This is usually in ...
s, alongside market-related news from
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world.
The agency ...
and other sources.
References
{{Reflist
Thomson Reuters
Financial software
Electronic trading systems
London Stock Exchange Group