Eikon Explained

Eikon is a set of software products provided by Refinitiv for financial professionals to monitor and analyze financial information. It provides access to real time market data, news, fundamental data, analytics, trading and messaging tools. It provides data on asset classes including foreign exchange, money markets, fixed income, equities, commodities, funds, and real estate.[1]

History

Thomson Reuters launched Eikon in 2010[2] as a replacement for Reuters 3000 Xtra, 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.[3] In October 2018 Eikon was transferred to Refinitiv as a result of a larger deal between Blackstone and the Financial & Risk business of Thomson Reuters.[4]

Under pressure from the Government of China, Refinitiv censored over 200 stories by Reuters 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.[5]

Platforms

Eikon includes a desktop client, mobile app[6] and a Web interface,[7] as well as APIs for programmatic access.[8] The Eikon interface is customizable by the user. The main desktop client runs on Microsoft Windows and lets users compose customized views on multiple screens. Refinitiv also provides data retrieval add-ons for Microsoft Office.

Eikon provides access to real-time Tradeweb data for 20 fixed income and derivatives asset classes, including government bond markets, alongside market-related news from Reuters and other sources.[9]

Notes and References

  1. Web site: "Thomson Reuters Eikon Guide" . https://web.archive.org/web/20140513164652/http://financelab.rotman.utoronto.ca/resources/real-time-applications/Docs/TR%20Eikon_Quick%20Start%20Guide.pdf . 2014-05-13.
  2. News: Thomson Reuters to launch next generation desktop. Reuters. 13 September 2010 .
  3. Web site: Nilsen. Sverre Rørvik. The Secret Revolution in Finance. blogs.cfainstitute.org/. 10 December 2013 . 2 February 2015.
  4. Web site: Thomson Reuters closes deal with Blackstone, rebrands as Refinitiv . The TRADE.
  5. News: Steve . Stecklow . December 12, 2019 . . Refinitiv deployed filter to block Reuters reports as Hong Kong protests raged. Pamela . Barbaglia . Alexandra . Harney . Michael . Williams . Peter . Hirschberg .
  6. Web site: Eikon for Android. play.google.com . 2 February 2015.
  7. News: December 12th: easier access via Eikon Web .
  8. Web site: Eikon APIs . developers.refinitiv.com . Refinitiv . 8 April 2019.
  9. Web site: Thomson Reuters to Distribute Tradeweb Market Data .