Eikon

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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, 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]

Contents

Eikon will be replaced by 30 June, 2025 by LSEG Workspace [2] . LSEG Workspace has features that are part of LSEG’s multi-year partnership with Microsoft [3] . [4]

History

Thomson Reuters launched Eikon in 2010 [5] 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. [6] 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. [7] In October 2019, Blackstone and Thomson Reuters announced the sale of the company to London Stock Exchange Group. LSEG completed the US$27 billion purchase from the two previous owners in late January 2021, and Refinitiv is now a subsidiary of LSEG. [8]

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. [9] The company developed a "Strategic China filter" to block politically-sensitive stories from readers in Mainland China. [9]

Platforms

Eikon includes a desktop client, mobile app [10] and a Web interface, [11] as well as APIs for programmatic access. [12] 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. [13]

References

  1. ↑ ""Thomson Reuters Eikon Guide"" (PDF). Archived from the original (PDF) on 2014-05-13.
  2. ↑ "Eikon Withdrawal and Transition to Workspace". www.lseg.com. Retrieved 2025-03-25.
  3. ↑ "LSEG and Microsoft launch 10-year strategic partnership for next-generation data and analytics and cloud infrastructure solutions; Microsoft to make equity investment in LSEG through acquisition of shares". www.lseg.com. Retrieved 2025-03-25.
  4. ↑ Bow, Michael (2024-08-19). "City traders depend on Bloomberg – but there is a new plot to smash its dominance". The Telegraph. ISSN   0307-1235 . Retrieved 2025-03-25.
  5. ↑ "Thomson Reuters to launch next generation desktop". Reuters. 13 September 2010.
  6. ↑ Nilsen, Sverre Rørvik (10 December 2013). "The Secret Revolution in Finance". blogs.cfainstitute.org/. Retrieved 2 February 2015.
  7. ↑ "Thomson Reuters closes deal with Blackstone, rebrands as Refinitiv". The TRADE.
  8. ↑ Sweney, Mark (2019-08-01). "London Stock Exchange agrees £22bn deal to buy Eikon-owner Refinitiv". The Guardian. ISSN   0261-3077 . Retrieved 2025-03-25.
  9. 1 2 Stecklow, Steve; Barbaglia, Pamela; Harney, Alexandra (December 12, 2019). Williams, Michael; Hirschberg, Peter (eds.). "Refinitiv deployed filter to block Reuters reports as Hong Kong protests raged". Reuters.
  10. ↑ "Eikon for Android". play.google.com. Retrieved 2 February 2015.
  11. ↑ "December 12th: easier access via Eikon Web".
  12. ↑ "Eikon APIs". developers.refinitiv.com. Refinitiv. Retrieved 8 April 2019.
  13. ↑ "Thomson Reuters to Distribute Tradeweb Market Data".
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