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THOMSON REUTERS
QUICKLY AND EASILY
THIRD EDITION
HOME
TABLE OF CONTENTS
OW TO FIND DATA ON THOMSON
H EARCH BY THE MAIN CHARACTERISTICS
S WHY DO YOU NEED TO KNOW
REUTERS QUICKLY AND EASILY: OF A BOND, SUCH AS RANGES OF COUPONS/ ABOUT FIDS?
THIRD EDITION MATURITY DATES AND CREDIT RATINGS, FIELD NUMBERS
AS WELL AS PARTICULAR FEATURES OF IN BRIEF: RIC SYMBOLS AND PAGES
I NTRODUCTION TO THE THIRD EDITION THE BOND
OF HOW TO FIND DATA ON THOMSON THE GENERAL RIC SYMBOL STRUCTURE
REUTERS 3000 XTRA – SEARCH FACILITIES
REUTERS QUICKLY AND EASILY THE RIC SYMBOLS ROOT
FOR VERSION 5.1
WHAT IS THE ADVANTAGE OF KNOWING
HOW THIS GUIDE IS ORGANIZED THOMSON REUTERS SEARCH
ABOUT RIC SYMBOLS ROOTS?
TIPS TIP
PERIOD OR TIME INTERVALS
IN BRIEF DISPLAYING THE RESULTS OF A THOMSON
DELIMITERS
REUTERS LOOKUP OR CRITERIA SEARCH
HAPTER 1 – GETTING STARTED WITH
C SEPARATOR INSTRUMENT
HOW TO KEEP TRACK OF DATA
THOMSON REUTERS DATA EXAMPLE CODES
THAT HAS CHANGED
SOURCE CODES
WHAT DO WE MEAN BY REAL-TIME DATA? THE ALERTS SERVICE
EXCHANGE IDENTIFIER
EXCHANGE-TRADED REAL-TIME DATA NEW DATA
IN BRIEF: GENERAL RIC
WHERE CAN YOU FIND HISTORICAL
HAPTER 3 – THE STRUCTURE OF
C SYMBOL STRUCTURE
REFERENCE FUNDAMENTAL DATA?
SPECIALIST DATA THOMSON REUTERS DATA
CHAPTER 4 – EQUITY MARKETS
WHAT ARE RIC SYMBOLS AND PAGES?
HAPTER 2 – SIMPLE WAYS OF FINDING
C PEED-GUIDES, RIC SYMBOLS
S
WHEN TO USE UPPER OR LOWER CASE AND PAGES
DATA ON REUTERS 3000 XTRA VERSION 5.1
REUTERS INSTRUMENT CODES FULL QUOTES FOR EQUITIES
EUTERS 3000 XTRA – SEARCH FACILITIES
R (RIC) SYMBOLS
AMERICAN CONSOLIDATED QUOTES
FOR VERSION 5.1 ADVANTAGES OF RIC SYMBOLS
EQUITY RIC SYMBOLS INCORPORATING
XTRA MENU FULL QUOTES BROKERAGE CHARACTERS
INSERT INSTRUMENTS EASILY CHAINS AND TILES EQUITY INDICES
REAL-TIME STATUS SO WHAT IS THE DIFFERENCE BETWEEN COMPANY NEWS
ONE UNIQUE HELP SYSTEM A CHAIN AND A TILE?
TOP NEWS
FINDING EQUITIES HOW TO DISPLAY A CHAIN
FACTIVA NEWS WATCH
TO FIND AN INSTRUMENT WHEN HOW TO DISPLAY A TILE
SECOND-LEVEL (ORDER BOOK
YOU KNOW ITS CLEARING CODE PAGE FORMATS OR MARKET MAKER) CHAINS
(FOR EXAMPLE, ISIN) SPEED-GUIDES TIP
FINDING DEBT INSTRUMENTS FIELD IDENTIFIERS (FIDS) TIME AND SALES
TO FIND A BOND WHERE YOU KNOW THE
IDENTIFIER (SUCH AS ISIN, CUSIP OR SEDOL)
The previous editions of this guide were clear, concise and easier to use, easier to view and faster. There are sixteen
well received. They provided a general explanation of code new style calculators covering the most important analytics
structures and specific guides for each asset class. This requirements for currency options, forward rate agreements,
edition simply brings the guide up to date. The underlying interest rate and currency swaps, swaptions, FX swaps and
code structures for our data remain very much as they were, deposits. State-of-the-art pricing models are now available
but the markets, technical innovations and our depth of for credit correlation products. Pricing and valuation
coverage increase continually to serve you better. We have functions are provided for collateralized debt obligations.
added details that direct you to this information and have In the Reuters 3000 Xtra Charts, you can now define an
removed some things that are no longer valid. alert for analyses crossing each other or crossing trend lines.
Since the previous edition, Reuters 3000 Xtra A new scrollbar has been introduced for more flexibility to
displays have developed significantly. expand or contract the x-axis by dragging the sides of the
scrollbar thumb.
So, what’s new on Reuters 3000 Xtra v5.1?
There have also been significant increases in the depth and
Some exciting new features of Reuters 3000 Xtra v5.1 include:
breadth of our market coverage.
• Improved usability: Auto-suggestion,
We have coverage on Daily Australia Securities Exchange
Quote list enhancements.
broker trading summaries, Hanoi Stock Exchange foreign
• Better workflow: Integrated calculators linkable trading data, Japanese consolidated tape, new Rabobank
within flex. trading prices, Australian semi-government credit curves,
• Enhanced analytics: New Adfin calculation functions new Brazilian ratings information.
for credit derivatives.
There are several more features and added market coverage
• Enhanced Charts: Automatic chart alerting, that will be discussed in length in the relevant chapters. We
New Dynamic Scrollbar. hope you enjoy reading and learning more about Reuters
Auto-suggestion is an auto-search feature which suggests 3000 Xtra v5.1.
top ten automatic search results when you enter a text
which is not a RIC symbol. Quote list (previously called
Matrix object) now has features that enable you to group
instruments by sector, maturity date etc. Thomson Reuters
Integrated Calculators have been made more compact,
But how do you know that you are making the most of everything you have subscribed to? We’ve used icons throughout the
book to highlight different types
If you find it difficult to get hold of the information you need, read on. of information.
The information that Thomson Reuters provides is HOW THIS GUIDE IS ORGANIZED
constantly growing and continually changing. It’s not The world of Thomson Reuters data and news is, like the
TIP
always easy to keep up with the latest developments. world it covers, vast, complex and potentially overwhelming.
This indicates useful or important
This guide changes that. Whether you’re a new user or have But our data is all built logically, and if you break it down into information that makes finding
been working with data from Thomson Reuters for years, smaller pieces, there’s nothing too difficult to understand. data even less complicated.
this provides a comprehensive reference point for all the
In Getting Started, we look at the different types of data
codes that are used to find information. It also directs you
available. From there, we look at the structure of Thomson
to useful pages that help you find your way around, and
Reuters data. There’s also a section on different tools for IN BRIEF
tools that can find information for you.
finding all the data you need. Once you’re familiar with the There is an IN BRIEF section that
The guide explains the structures behind codes in simple high-level information, you can use the individual sections summarizes the key concepts at the
steps, and has separate sections on those codes for each of to look in detail at each asset class, such as equities, bonds, end of each section.
the major asset classes. So it’s not a directory – it’s better foreign exchange and commodities and energy. Markets and financial instruments
do change constantly: companies
than that. Once you’re familiar with the data structures
Finally, there are sections at the back that cover contributed merge and countries change their
for different asset classes, many of the codes for data will currencies. So, Thomson Reuters
data (pages and records of information provided by active
become instinctively familiar to you. codes change too. The codes given
market players), news codes, delayed data (usually available in this book are correct at the time
Real-time and historical data can be viewed on several free of charge), error messages and phone numbers for help of going to press, but are liable to
different Thomson Reuters platforms and applications, desks. For convenience, there’s an In Brief section at the end change at any time.
such as Reuters 3000 Xtra, Thomson Reuters Kobra and of most sections, which summarizes the key points. The point of this book is to give
Reuters Trader, as well as through Thomson Reuters you intelligent ways of finding data
datafeeds, the Thomson Reuters Terminal and a number without memorizing codes – this is
of third-party applications. In this guide, we show you the the best way to handle the constant
change that is natural in the
best way to access that information.
financial markets.
CHAPTER 1
GETTING STARTED WITH THOMSON REUTERS DATA
To begin understanding data from Thomson Reuters, it’s If you normally need only indicative prices, most exchanges
helpful to break it up into different groups. The easiest way also provide delayed data, which is free of charge. For more
is to start with these four: information on this, please refer to the Delayed Data chapter
1. Country-level: data that belongs to different countries. in this guide.
2. Asset classes: equities, fixed income, etc. WHERE CAN YOU FIND HISTORICAL REFERENCE
3. Market-level: data that belongs to different exchanges FUNDAMENTAL DATA?
or other recognized markets. Historical reference fundamental data is an integral part of
Reuters 3000 Xtra. It includes company reports, bond terms
4. Real-time and historical data.
and conditions, ratings histories and historical price charts.
The first three types are self-explanatory, but it’s worth
In addition, Thomson Reuters offers a range of enterprise-
looking at the fourth to understand the difference between
wide financial information products, such as Thomson Reuters
real-time and historical data. Why? Because, before you start
DataScope, offering open access to substantial amounts of
using Thomson Reuters data, you must tell Thomson Reuters
historical data for department or enterprise-wide use.
which real-time exchange data you need.
SPECIALIST DATA
WHAT DO WE MEAN BY REAL-TIME DATA?
Thomson Reuters also gives access to specialist data
Real time means almost immediately. When a trade is made
services that provide extra depth of information, market
at an exchange or a new rate is set, then you see it almost
commentary and analysis by acknowledged experts. The
as soon as it happens – sometimes within a fraction of a
services cover all asset classes and all market segments,
second – regardless of your location. This real-time data can
from treasury, asset management, investment banking and
come from exchanges, from registered contributors on the
brokerage, through to corporate and media.
Thomson Reuters network or from third-party data providers.
Types of coverage include:
EXCHANGE-TRADED REAL-TIME DATA
• Economic indicators and macroeconomic commentary.
All Thomson Reuters services supply the general financial
• Specialist analysis and commentary.
information and news you have subscribed to. However,
• Specialist forecasting and technical analysis.
exchanges reserve the right to charge a small additional fee
• Specialist news services.
for the delivery of real-time data to your terminal. If you wish
• Specialist prices (including broker data).
to know more about charges for particular exchanges, your
local Thomson Reuters representative will be able to tell you For a full list of specialist services, go to page <SPECIAL>.
the exact fees for the data you require. Each service is chargeable, but you can find offers and free
trials on page <FREETRIALS>.
CHAPTER 2
SIMPLE WAYS OF FINDING DATA ON REUTERS 3000 XTRA version 5.1
CHAPTER 2
SIMPLE WAYS OF FINDING DATA ON REUTERS 3000 XTRA version 5.1
CHAPTER 2
SIMPLE WAYS OF FINDING DATA ON REUTERS 3000 XTRA version 5.1
You can also set the Look For field so that you can easily
find either Funds or Indices.
For complex equities, you can search at company level, such
as profit/loss, income statements, balance sheet information
or market ratios. Or you can search on issue-level information
such as consensus estimates or growth rates.
CHAPTER 2
SIMPLE WAYS OF FINDING DATA ON REUTERS 3000 XTRA version 5.1
GENERAL SEARCH 4. The results will be displayed on the bottom of the page.
FINDING DEBT INSTRUMENTS Click on the Issuer to retrieve summary details and the
1. Set the Look For field to Debt. instruments available.
2. The Search functionality has the provision to customize
the search based on the requirements of the clients.
There are add and remove buttons to help you search
on exact requirements.
CHAPTER 2
SIMPLE WAYS OF FINDING DATA ON REUTERS 3000 XTRA version 5.1
TO FIND A BOND WHERE YOU KNOW THE IDENTIFIER You can also search by the main characteristics
(SUCH AS ISIN, CUSIP OR SEDOL): of a bond, such as ranges of coupons/maturity
dates and credit ratings, as well as particular
features of the bond.
1. Set the Look For field to Debt. Once you have selected your criteria, the search will return
2. Against the Market Code button, enter the code. a result list of all matching bonds, which you can then sort
3. Click on the Search button. or select.
3. W
here more than one instrument is found that matches
your search, these are listed: click on one to display
its instruments.
CHAPTER 2
SIMPLE WAYS OF FINDING DATA ON REUTERS 3000 XTRA version 5.1
REUTERS 3000 XTRA – SEARCH FACILITIES FOR There are three types of search, depending on how you set
VERSION 5.1 the topmost field in the Search dialog box:
TIP
Reuters 3000 Xtra v5.1 search include cross-asset, name
• N
ame search searches by company or issuer name to For convenience, you can set
and code look-up facility, as well as a criteria search that
retrieve securities and their live quotes. default values in the search to avoid
provides sophisticated criteria results for each asset class, having to select them individually
covering equities, debt, forex & money, commodities and • A
sset class search uses basic criteria, such as name, each time. Use the command
energy, funds and economic indicators. ticker, quote price etc. Tools/Options/Services/Reuters
Database Search.
• C
ode search searches by any full or partial security
THOMSON REUTERS SEARCH CRITERIA SEARCH
ID or any clearing code.
The Thomson Reuters Search facility is a quick search This enables you to perform
function for finding companies, stocks, indices, bonds or With Bond search, you can add a more specific search in a criteria search through your
database, including indices,
economic data via a single name or code lookup. Given the the line where you enter the name, such as maturity date
options, futures, funds and
full or partial name or any clearing code such as SEDOL, ISIN or coupon rate. For example: input <BMW> in Name field, economic indicators. There are two
or CUSIP, you can browse through all information and quotes select a maturity date criteria to drill down on the issue you ways of starting a criteria search:
associated with it. are interested in. • Click on the button on
your toolbar.
There are two ways of getting into the Thomson Reuters • Press CTRL + F.
Search tool:
1. B
y clicking on the Thomson Reuters Search button on
your toolbar , located on the right-hand side of the
command line.
2. Press CTRL + F.
Always start by defining what type of search you are making:
a name search, asset class search or code search.
CHAPTER 2
SIMPLE WAYS OF FINDING DATA ON REUTERS 3000 XTRA version 5.1
Once you have your search results you may The change notifications are driven by Thomson Reuters,
view the results by right-clicking on the RIC exchanges, contributors and other institutional market data
TIP
symbol in the Results screen, which will put providers. These notifications are worth checking regularly,
a) A flex sheet is the technical term
the RIC symbol into the active frame in your as they could affect your operations. for a display screen in Reuters
Reuters 3000 Xtra Quote screen. 3000 Xtra container. This can
Each notification includes a brief summary, a detailed
a) A flex sheet is the technical term for a display screen in display real-time prices, graphs and
description of the underlying changes and appropriate
Reuters 3000 Xtra container. This can display real-time news, or historical, fundamental
details for technical users. and analytical information. There
prices, graphs and news, or historical, fundamental and
are hundreds of pre-built displays
analytical information. There are hundreds of You can find this information at the following locations: in Reuters 3000 Xtra, covering
pre-built displays in Reuters 3000 Xtra, covering all asset classes. Some of these
Thomson Reuters page <WORLD/CHANGES1> lists daily
all asset classes. Some of these are based on Kobra are based on Kobra flex sheets;
RIC symbol additions/drops or changes sorted by country. others are based on Microsoft Excel
flex sheets; others are based on Microsoft Excel
spreadsheets. You can also build
spreadsheets. You can also build custom screens Alternatively, you may view and subscribe to emails from custom screens to suit your exact
to suit your exact information needs. the below link on Customer Zone: information needs.
b) S
electing the item and right-clicking will give you a http://customers.reuters.com/a/symbolchanges/search.aspx b) Selecting the item and right-
selection of different information types for which you clicking will give you a selection
can use the RIC symbol. of different information types for
which you can use the RIC symbol.
c) W
hen using the search facility in Microsoft Excel,
the search result will be loaded directly into a cell. c) When using the search facility in
Microsoft Excel, the search result
HOW TO KEEP TRACK OF DATA THAT HAS CHANGED will be loaded directly into a cell.
Thomson Reuters provides enhanced change notifications
that help you navigate the steady flow of detailed data
changes that sweep across the world’s markets. This service
provides easy, timely and comprehensive access to details
of the changes that affect Thomson Reuters data, including
new, changed and deleted data.
CHAPTER 2
SIMPLE WAYS OF FINDING DATA ON REUTERS 3000 XTRA version 5.1
CHAPTER 3
THE STRUCTURE OF THOMSON REUTERS DATA
To handle the complexity and diversity of the financial markets and their instrument types,
Thomson Reuters has designed a flexible data structure that supports all asset classes.
All data is identified by codes. To find a particular piece of information, you need to know the correct code.
All codes in this guide appear in a box like this: REUTERS. In this guide, (the Return key on your
keyboard) is the default. If no other key is mentioned, just press after you have typed the code in
your command line.
CHAPTER 3
THE STRUCTURE OF THOMSON REUTERS DATA
CHAPTER 3
THE STRUCTURE OF THOMSON REUTERS DATA
CHAPTER 3
THE STRUCTURE OF THOMSON REUTERS DATA
CHAPTER 3
THE STRUCTURE OF THOMSON REUTERS DATA
CHAPTER 3
THE STRUCTURE OF THOMSON REUTERS DATA
CHAPTER 3
THE STRUCTURE OF THOMSON REUTERS DATA
WHY DO YOU NEED TO KNOW ABOUT FIDS? RIC symbols (Thomson Reuters Instrument Codes) are codes
You will need FIDs when using RICs in spreadsheets, and that provide a unique structured means of retrieving data.
when creating your own lists of RICs and you want to look at
They can be displayed as:
your own set of fields.
a) Full quotes (showing all information about one financial
In Reuters 3000 Xtra, there is a button on the toolbar called
instrument) or
Display All Fields , which allows you to toggle between the
full quote and all available FIDs. b) Chains and Tiles (showing key information on several
financial instruments).
FIELD NUMBERS
Every FID has a unique field number, which you can use as an To call up full quotes and tiles, simply press the key.
alternative to the FID. To call up chains, which can be identified by 0#, type the
For example, the field number for “closing price” is “21”. code without the 0# and press F3 to retrieve the chain key.
Field numbers are the same for Reuters 3000 Xtra and the Pages are used by Thomson Reuters for speed-guides, such
Thomson Reuters Terminal, whereas the FIDs are not. as <REUTERS>, and by financial institutions, such as banks
Using numbers instead of FIDs can fractionally improve and brokers, to display prices or market commentary.
the update rate of your spreadsheet. To help you with the See <CONTRIBUTIONS> and <BROKER> .
most frequently used FIDs and field numbers per market,
we have included a table at the end of most of the chapters Third-party data providers, who use the Thomson Reuters
in this book. network to distribute specialist data or commentary,
also use the pages. See <SPECIAL> for a list of all
IN BRIEF: RIC SYMBOLS AND PAGES specialist data providers.
Thomson Reuters uses RIC symbols and pages to
display data.
CHAPTER 3
THE STRUCTURE OF THOMSON REUTERS DATA
THE GENERAL RIC SYMBOL STRUCTURE WHAT IS THE ADVANTAGE OF KNOWING ABOUT
RIC symbols are built from different elements that are RIC ROOTS? SYMBOLS
used to identify different aspects of the information you If you know the RIC root and the other elements that make
want to view. RIC symbols generally include some, but not up specific instrument or code types, then you can just add
necessarily all, of the following elements: these together to obtain the code you need. For example, if
you know that the RIC root for a future is FES (for the euro
• A RIC symbol root.
Swiss franc future traded at LIFFE) and you know that a
• Period or time intervals. future chain is indicated by a colon, then you automatically
• The instrument identifier. know that the chain RIC symbol for that future is FES: F3.
• One or more delimiters. They also make your life very easy when you use data in other
• A source code. applications, for example spreadsheets. You can split RIC
symbols into their components and therefore make efficient
These elements are necessary because of the diversity of
use of your live links in Excel.
markets that Thomson Reuters covers, and to avoid possible
duplication of codes. In the example below, we have split up the cross-rate
GBPMYR=R into its components. So, if we wanted to change
THE RIC ROOT SYMBOLS
the cross-rate from Malaysian Ringgit to another currency,
As there are often several different issues or financial
e.g. HKD for Hong Kong dollar, all we need to do is replace
instruments based around a single entity, the RIC root
the contents of the cell D5 with HKD, and Microsoft Excel
identifies the most basic aspect of the instrument.
will immediately update the information. This also works
Examples: well for looking at benchmarks in different countries or
any other instrument.
Equity RIC roots: The RIC root for FIAT traded in Milan
(FIA.MI) is FIA.
Money RIC roots: The RIC root for the euro one-month
deposit (EUR1MD=) is EUR.
Futures RIC roots: The RIC root for the short sterling future
traded at LIFFE (FSSZ0 ) is FSS.
CHAPTER 3
THE STRUCTURE OF THOMSON REUTERS DATA
CHAPTER 3
THE STRUCTURE OF THOMSON REUTERS DATA
A contributor code is used to identify any organization that IN BRIEF: GENERAL RIC SYMBOL STRUCTURE
contributes information to the Thomson Reuters network. A RIC symbol can be constructed by simply knowing its
TIP 1
components, which is a very effective way of working in
The Market Maker identifier is used to identify a market To see a full quote from chain of
data display applications or spreadsheet applications.
maker who contributes quotes to a particular instrument. data, just double-click on the item.
Diverse market conventions and instrument types make
The code is unique and consists of four upper-case letters:
it necessary to have different RIC symbol structures for
e.g. NL009260749=DBBL each market.
This code identifies a Dutch Government bond, with the rate The main elements of a RIC symbol are:
TIP 2
supplied by Deutsche Bank in London (DBBL).
1. RIC ROOT To view news stories of all
EXCHANGE IDENTIFIER companies in an index chain,
Codes like SUG, EUR, and CHF. just activate the window with the
The exchange identifier identifies the exchange where an
2. PERIOD AND TIME INTERVALS chained information and then press
instrument is traded. It consists of up to three upper- or the News key (F9).
lower-case letters. Codes like ON, SN, SW, 1M, 2M, 3M, 6M, 9M, 1Y, 2Y, 1X4, 2X5,
1X6, etc.
Exchange identifiers for cash prices can be found on page
STOCL and beyond. 3. DELIMITERS
Identifiers for derivatives exchanges are on page RULES3. Characters such as + =. / : ! * ^
Example: The RIC symbol <FIA.MI>, which we used earlier, 4. SOURCE CODES
consists of <FIA.MI>. The Exchange Identifier for Milan RIC • Contributor/Market Maker identifier.
Root Delimiter. • Exchange identifier.
CHAPTER 4
EQUITY MARKETS
CHAPTER 4
EQUITY MARKETS
CHAPTER 4
EQUITY MARKETS
EQUITY INDICES By contrast, a chain will show the constituents of the index.
All major equity indices always begin with a dot in front of For example, <.SSMI> F3 shows the constituents of the
the code. The best example is the chain that retrieves all Swiss market index:
equity indices globally: <INDEX> F3.
There are two ways of viewing an equity index:
• Y
ou can view the index value itself as a full quote.
This shows information such as current value, the
previous day’s close and today’s open, and the day
high and low. Exchanges provide most equity indices
free of charge. Reuters 3000 Xtra users can use the Equity Views to check for
• Y
ou can view the constituents of the index as a chain – index constituents, leavers and joiners, and more. Right-click
showing the instruments that make up the index on the index RIC symbol and select Related Company Data.
This type of display also shows the key values of
the index itself.
So, to view the Swiss market index, type <.SSMI>. This is a
full quote that displays all information about the index itself:
If you are building your own screens, use the Index Movers
object in Reuters 3000 Xtra to see which stocks are exerting
the greatest influence (both up and down) on an index.
CHAPTER 4
EQUITY MARKETS
CHAPTER 4
EQUITY MARKETS
CHAPTER 4
EQUITY MARKETS
TIME AND SALES Begin with a specific country code to go directly to that TIP
A Time and Sales display logs all trading activity for a given country; for example: For more details about Time and
Sales, see page <TAS/HELP>
exchange-traded company over the last 13 calendar days. <CA/TAS1> for Canadian exchanges.
The Time and Sales log is a snapshot, and is up-to-date If you are building your own screens
EQUITY VIEWS
at the moment it is requested. The display is not updated in Reuters 3000 Xtra, use the
Reuters 3000 Xtra users have access to Equity Views. Intraday Viewer object to view
automatically. To update a log that is already on display,
These are web-based displays that give you easy access filtered Time and Sales for a stock
press F8. over a selected period. This also
to a whole range of information on a company.
displays VWAP for the selected
The trade details in the log are displayed in reverse To view these details on a company, right-click on the
period. Right-click on empty flex
chronological order: the most recent trades are listed first. RIC symbol and select Related Company Data. screen navigate to Intraday
The fields of information displayed for each trade Viewer object.
are determined by the relevant stock exchange, so they
differ from country to country.
For Fiat Milan, for example, type <FIA.MI> F8.
CHAPTER 4
EQUITY MARKETS
CHAPTER 4
EQUITY MARKETS
How to configure Reuters 3000 Xtra to have Within RDMC, select Custom Configuration -> TIP
delayed data automatically switched on Miscellaneous -> Delayed Data. Choose the Use Delayed Right-click in the displays and
select Refresh to ensure that you
Data checkbox to enable delayed data on your PC.
have the most recent data from
Now click Execute Actions -> Configure Xtra. You may be the database.
asked to save the file. Click Yes.
Close Kobra and re-open. You will now be able to view
delayed data. For further assistance please click on the
link below:
http://customers.session.rservices.com/a/
knowledgecentre/Resolution.aspx?id=56486
CHAPTER 4
EQUITY MARKETS
FIELD POWERPLUS PRO IDENTIFIER FID NUMBER REUTERS 3000 XTRA IDENTIFIER
RIC CODE RIC NAME -1 X_RIC_NAME
CHAPTER 4
EQUITY MARKETS
Most real-time exchange data and services from third-party EQUITY INDICES
data providers are charged separately. You should check Index RIC symbols always begin with a dot. A full quote on
your requirements with Thomson Reuters before you start an index displays all information about the index itself e.g.
using the system. <.DJI>. Look up all equity indices on page:
CHAPTER 4
EQUITY MARKETS
CHAPTER 5
BOND MARKETS
This opens a Flex Sheet. Every flex sheet opened will have
2 sheets under it – you can right-click on the flex sheet and
select Quote Page.
CHAPTER 5
BOND MARKETS
CHAPTER 5
BOND MARKETS
SPEED-GUIDES, RIC SYMBOLS AND PAGES Market guides for any market can be found using the
By typing Bonds or DEBT in a quote browser you will find two-character country code for the relevant country, for
the guide to fixed income. example, RU/DEBT for Russia, DE/DEBT for Germany.
CHAPTER 5
BOND MARKETS
COUNTRY CODE You can find a list of contributor codes on page TREASURYID.
The country code is the ISO 3166 two-letter code specifying
• E
xchange codes are typically one or two characters
the country of issue. To find out more, look at the Foreign
long, F is Frankfurt, L is London etc. Example:
exchange & money markets section of this guide, and
DE113531=F.
simply use the first two letters of the currency code, which
represents the country code, for example AT for Austria or
FR for France.
OFFICIAL CODE (LOCAL CODE)
The Official code used varies from market to market and
Thomson Reuters supports the full range of IDs from all the
numbering agencies. Some countries do not have an official
code so they have adopted a local market convention.
DELIMITER
The delimiter is ‘=’.
SOURCE CODE
The source code tells you where the price comes from;
typically, this is either a contributor or an exchange.
• C
ontributor codes are used for OTC-traded instruments:
they are usually mnemonics of the contributing
organization, for example, ABNL is for ABN in London, In Reuters 3000 Xtra, you can right-click on a bond RIC
BNP is for BNP in Paris, etc. Example: DE113536=BAYM symbol and select Related Bond Data to view reference
(Bund 67/8 contributed by Bayerische Landesbank data of the bond.
in Munich).
CHAPTER 5
BOND MARKETS
By typing the RIC symbol of the bond and pressing F3, you
can display the All Quotes chain of all price sources for the
given bond.
CHAPTER 5
BOND MARKETS
BENCHMARKS
Benchmarks have the following structure:
Two-letter country code + BMK+ delimiter (=) press F3.
For example, benchmark for Germany has the following
code: 0#DEBMK=.
USEFUL INFORMATION:
http://paz.ime.reuters.com/portalfiles/1979/
KeynewsanddatacodesFixedIncome.pdf
http://paz.ime.reuters.com/portalfiles/1979/
FixedIncomeQuickStartGuide2002.pdf
Example: DE 10Y T = RR
CHAPTER 6
FOREIGN EXCHANGE AND MONEY MARKETS
CHAPTER 6
FOREIGN EXCHANGE AND MONEY MARKETS
CHAPTER 6
FOREIGN EXCHANGE AND MONEY MARKETS
2. Or, the faster option, make an intelligent guess. Type <0#FWD-ENHANCED> Forward enhanced guides for TIP
the currency code of the base currency (you can find a single and cross currencies. Some Thomson Reuters services,
especially domestic services, only
list of ISO codes for currencies on the link mentioned
<XFXFORWARD> Calculated cross forwards. allow you to see delayed spot and
in SPOT RATES section) and add the counter-currency, cross rates. The ending =X means
followed by =R. If that doesn’t work, try the other way To view both forwards and deposits for a currency, the rate is delayed 10 minutes, =S is
round. For example, <GBPMYR=R> or <MYRGBP=R>. insert F into the RIC symbol before the =, for example: a 2-minute snapshot, for example
<EUR=X> or <EUR=S>. There are
The base currency is the currency you pay one unit for and <GBPF=> displays all deposits and forwards for the more details in the Delayed data
receive the equivalent amount in the counter-currency. In British pound. chapter of this guide.
the <GBPMYR=R> example, the base currencyis GBP.
There are also chains that follow a similar format:
<0#EURGBP=> shows enhanced currency guide for the
<0#EURF=> (or EURF= F3) enhanced forwards guide
EURGBP.
for the euro.
<0#EURGBP=R> shows enhanced currency guide for
<0#EURD=> (or EURD= F3) enhanced deposits guide
the calculated EURGBP. These display prices on the cross,
for the euro.
daily open, high, low, previous close and weekly, monthly
and yearly high and low values. The enhanced guides display the start and maturity dates,
which are calculated from the current day till the maturity
DEPOSITS AND FORWARDS
i.e. tenor on the RIC symbol. It also displays the day count
The codes for retrieving deposits and forwards are based
which is the number of days from the current day.
on the spot codes.
The outright prices on the forward enhanced guides are the
Insert DEPO or FWD into the RIC symbol before the =,
outright prices calculated from the swap points (premium/
for example:
discount) on the RIC symbol.
<GBPDEPO=> can also be used to view deposits on the
British pound.
<GBPFWD=> can also be used to view just the forwards.
CHAPTER 6
FOREIGN EXCHANGE AND MONEY MARKETS
Currency code Delimiter. Enhanced guides are also available for the euro currency
pairs e.g. <0#EURAUDF=>.
Typical delivery period codes are:
DEPOSITS
ON Overnight 3M Three month. To construct a deposit RIC symbol, you need the following
TN Tomorrow next 6M Six month. components:
SN Spot next 9M Nine month. The same delivery periods apply as to forwards. Deposit RIC
symbols can be found on the <DEPO/1> speed-guide.
SW Spot week 1Y One year.
<0#DEPO-IMPLIED> and <DEPO/4>-5 provides all the
1M One month 2Y Two year. implied deposits for various currencies available on Reuters
2M Two month. 3000 Xtra.
CHAPTER 6
FOREIGN EXCHANGE AND MONEY MARKETS
CHAPTER 6
FOREIGN EXCHANGE AND MONEY MARKETS
CHAPTER 6
FOREIGN EXCHANGE AND MONEY MARKETS
22 BID BID_1 PRICE 17 Latest bid price. For US Composite stock and equity market maker super
records the best bid price. For OM type option markets the block bid price.
25 ASK ASK_1 PRICE 17 Latest ask price. For US Composite stock and equity market maker super
records the best ask price. For OM type option markets the block ask price.
26 ASK_1 ASK_2 PRICE 17 Previous latest ask prices the first being most recent.
23 BID_1 BID_2 PRICE 17 Previous latest bid prices the first being most recent.
17 ACTIVE_DATE DATE 11 The date when the time in TIMACT was updated.
5 TIMACT TIME 5 Time when the head-end updated a certain field or fields in the record.
Which field depends on the instrument.
3 DSPLY_NAME ALPHANUMERIC 16 Expanded name for the instrument.
105 BCKGRNDPAG ALPHANUMERIC 4 Page on the international monitor system containing information relevant
to the instrument. The code for an individual company is displayed for all
exchanges on which the company trades.
115 BID_TICK_1 ENUMERATED 2 The direction of bidding from the previous bid. Can be calculated from either
the bid price or for forward rates the offset from the bid price.
203 BID_HIGH_1 PRICE 17 Today's highest and lowest bid prices.
CHAPTER 6
FOREIGN EXCHANGE AND MONEY MARKETS
Basic Fields for RIC symbol with Non Generic Template e.g.<EUR1MO=>
393 PRIMACT_1 PRIMACT_2 PRICE 17 Primary last activity fields the most recent held in PRIMACT_1.
275 SEC_ACT_1 SEC_ACT_2 PRICE 17 The activity type may involve one or two fields. In the latter case these field
holds the second half of the most recent activity. SEC_ACT_n is associated
with PRIMACT_n.
394 PRIMACT_2 PRIMACT_3 PRICE 17 Primary last activity fields the most recent held in PRIMACT_1.
276 SEC_ACT_2 SEC_ACT_3 PRICE 17 The activity type may involve one or two fields. In the latter case these field
holds the second half of the most recent activity. SEC_ACT_n is associated
with PRIMACT_n.
875 VALUE_DT1 VALUE_DT2 DATE 11 Five latest date fields that refer to the date of latest activity for some arbitrary
field or fields.
1010 VALUE_TS1 VALUE_TS2 TIME_SECONDS 8 Five latest activity times in seconds corresponding to the times in minutes
FIDs 880 – 884. The corresponding dates are held in FIDs 875 – 879
VALUE_DT1 – 5.
831 CTBTR_1 CTBTR_2 ALPHANUMERIC 12 The five latest contributor short names CTBTR_1 being the most recent.
841 CTB_PAGE1 CTB_PAGE2 ALPHANUMERIC 4 The five latest contributor page codes CTB_PAGE1 being the latest.
826 DLG_CODE1 DLG_CODE2 ALPHANUMERIC 6 The five latest dealing codes DLG_CODE1 being the most recent.
115 BID_TICK_1 ENUMERATED 2 The direction of bidding from the previous bid. Can be calculated from either
the bid price or for forward rates the offset from the bid price.
12 HIGH_1 HIGH_2 PRICE 17 Today's highest transaction value.
CHAPTER 6
FOREIGN EXCHANGE AND MONEY MARKETS
They all begin with the internationally known SWIFT codes Spot rates <EFX=> <EUR=> <EUR=BARL> <SPOT/1>
(such as JPY for the Japanese Yen). The other elements are Asian Spots <AFX=>
equally straightforward.
European Spots <EFX=>
For instruments based on currency pairs, you simply need
to begin with the SWIFT codes for each currency. North American Spots <NFX=>
For example, consider the RIC symbol: Cross rates <EUR=> <EURCHF=> <EURCHF=BARL> <CROSS/1>
<EURJPY6M=ABNL>.
Calculated Crosses <EURX=>
First currency/SWIFT code EUR
Contributed Crosses <EURX1=>
Second currency code needed for cross rates JPY
Forward rates <EURF=> <EUR1M=> <EUR1M=TTKL> <EURF=>,
Period 6 <FWD/1>
CHAPTER 7
FUTURES
Futures contracts exist for stock indices, commodities and for the interest rate and bond markets.
These contracts are traded on their respective futures exchange in real time. If you want to see this
information, make sure you have subscribed to the relevant futures exchange.
CHAPTER 7
FUTURES
DELIVERY YEARS FOR FUTURES c This stands for continuation (lower case)
0 for the year 2010, 4 for the year 2014 and so on. 1 For the first front contract
Individual futures contracts will always be available on Please note that continuations RIC symbols are another
a real-time display until they officially expire. instance where the code must use upper- and
lower-case exactly.
CONTINUATION RIC SYMBOLS
The most convenient way to display futures contracts is by SERIAL FUTURES CONTRACTS
using continuation RIC symbols. These always display the Some short interest rate futures settle not only in March, June,
details of the present contract, so there is no need to change September and December, but also in odd months. For these
the month and year code in a display every time the contract serial futures contracts, you need to add the extra lower-case
expires. The continuation RIC symbol will automatically roll letter m after the c, for example,<FEIcm1>,<FEIcm2>.
over to the next one. This will always display the main months, even when the
The structure for continuation RIC symbol is: contracts roll over to the next one.
2. Followed by the lower-case letter “c” and Some high-liquidity futures contracts are also delivered with
continuations with special features:
3. The front contract number, e.g. 1 for the first front
contract, 2 for the second front contract, 3 for the third - t he continuation rolls when end of day accumulated
front contract and so on. volume on the second month contract is larger than
the first, e.g. <CLcv1> through <CLcv3>.
To stay with our three-month Euribor example:
- the continuation rolls when end of day open interest
FEI Is still the RIC symbol root for the three-month Euribor on the second month contract is larger than the first,
traded on LIFFE e.g. <CLcoi1> through <CLcoi3>.
CHAPTER 7
FUTURES
- the continuation rolls when end of day open interest KEY DATES INFORMATION
or end of day accumulated volume is larger Detailed data of the key dates for settlement of futures
on the second month contract than on the first, contracts is provided for commodities contracts under
e.g. <CLcvoi1>. <EXCHANGE/DATES>.
- in all three instances, the history stored for these FUTURES CHAINS SHOWING MARKET DEPTH
“cv”, “coi” or “cvoi” contracts is basis-gap adjusted Some exchanges offer the market depth for their derivatives
on each roll. as an additional service.
FUTURES CHAINS The way to retrieve these is by typing the current full
Futures chains allow you to see all available contracts for a individual contract RIC symbol then pressing the chain key.
future in one display. Here are three simple ways of retrieving
a futures chain: For example:
• D isplay the relevant speed-guide (for example For long gilt futures: <FLGU0> F3 for Sep 2010.
<EUR/FUT1>), then double-click on one of the futures Or for the FTSE 100 Index <FFIZ0> F3 for Dec 2010.
RIC symbols displayed in angle brackets. For example:
<0#FEI:>. DELAYED FUTURES DATA
(Remember that anything beginning with 0# will display You can view delayed full quotes on futures by typing a
a chain). forward slash (/) in front of the RIC symbol, for example:
</FEIZ4>.
A chain displays the individual futures contract with all
contract months – in this case, the three-month Euribor This is only available for contracts for specific months and
futures, traded on LIFFE. expiry dates -continuation RIC symbol will not provide
delayed data.
• T
ype the chain RIC symbol of a futures contract and
press the chain key F3. In this case, you do not include You can display delayed futures in Thomson Reuters
the standard chain indicator 0# at the beginning. Graphics even if you have not subscribed to the relevant
For example : <FEI:>F3 . real-time exchange.
• Type the RIC symbol for the contract including the
standard chain indicator 0# at the beginning, then
press .
For example, <0#FEI:>.
CHAPTER 7
FUTURES
EXPIRED FUTURES FIELD POWERPLUS PRO IDENTIFIER FID NUMBER REUTERS 3000 XTRA IDENTIFIER
Expired futures cannot be viewed in any real-time
RIC CODE RIC NAME -1 X_RIC_NAME
application, but can be viewed in applications that allow you
to see historical data: Name of future DISPLAY NAME 3 DSPLY_NAME
The RIC symbol structure for this data is a small variation on Offer ASK 25 ASK
the standard format. The key point is that you need to specify Net change NET CHANGE 11 NETCHNG_1
the decade of the expiry year (the standard format only
Today’s high TODAY’S HIGH 12 HIGH_1
specifies the last digit). For example:
Today’s low TODAY’S LOW 13 LOW_1
<YANF8^9> where YAN is the root RIC symbol for the ANZ
(stock) future traded at the Sydney Futures and Options Opening interest OPEN INTEREST 64 OPINT_1
CHAPTER 7
FUTURES
For example:
<USc1>The structure is RIC symbol root followed by c1.
For a quote on a contract on a specific month and year, add
the alphabetic month code then the last digit of the expiry
year to the end of the RIC symbol root.
DELIVERY YEARS FOR FUTURES
0 for the year 2010, 4 for the year 2014 and so on.
For example:
<USU0> for the September 2010 contract of the 30-year US
Treasury bond.
DELAYED FUTURES
Delayed full quote futures can be retrieved by typing a
forward slash (/) in front of the RIC symbol. Please note that
only month and year contracts, but not continuation RIC
symbols, allow you to retrieve delayed data. For example
</FEIZ4>.
Have a look at what futures are available on page
<WORLD/DELAY1>.
CHAPTER 8
OPTIONS
Options can be traded on a broad variety of financial instruments: equities, currencies, commodities,
interest rate and bond futures, or equity indices, to name just a few. There are also options on futures.
CHAPTER 8
OPTIONS
80 OPTION EXCHANGE IDENTIFIERS
CHAPTER 8
OPTIONS
OPRA STANDARD SERVICE The easiest way to find NBBO debt, equity and equity index
The OPRA Standard Service is available via Thomson options is to use the Z# codes, which are based on RIC
Reuters real-time Integrated Data Network (IDN). symbol roots. These display the chains available for that
series of options, and you can then double-click on the call
This gives you:
or put for the relevant strike to view a quote.
• All currency and interest rate options.
• National best bid/offer (NBBO) quotes on debt,
equity and equity index options. The structure of Z# codes is:
The quote shows the last trade and the best bid and offer Z# Asterisk exchange identifier –
available across all the options exchanges, along with an use .U to cover all the
identifier showing which exchanges those rates are offered OPRA exchanges
on. (Note: when the market opens each day, quotes on
contracts that have no open interest are embargoed for
1.5 hours to ensure that the network remains reliable at
Z#IBM*.U
peak times). RIC root
The easiest way to find currency options traded on the
Philadelphia Options Exchange is to start at page OPT/
FX1. From here, you can drill down via currency. The easiest
way to find interest-rate options on OPRA is to start at page
OPT/IR1. Again, you can drill down from here.
CHAPTER 8
OPTIONS
TIP
You can find out which exchanges
a series of options is traded on
by displaying a full quote on the
underlying instrument.
The letters underneath Options
tell you which exchanges the option
is traded on. In this example,
the option is traded on ISE,
AMEX, Pacific, Chicago
and Philadelphia.
A useful way of finding options
on an underlying instrument is
to use Z# codes to display
chains of chains.
Z#IBM*.U
RIC root
CHAPTER 8
OPTIONS
For a general search, use the .U suffix. Otherwise, you can For interest rate, FX and money market options, you add a +
use the identifier of the primary exchange where options on after the month and year code. For Euribor traded on LIFFE,
that underlying instrument are traded. the DEC11 futures contract is <FEIZ1>, so the monthly
options chain is <FEIZ1>+F3.
AT-THE-MONEY CHAINS
At-the-money (ATM) chains currently exist for LIFFE equity
options and FTSE index options. Information on any new
You can double-click on any of the codes displayed on markets that the at-the-money chains are created for will
the left-hand side to see a list of current prices for its be announced on the NEWDATA news codes, listed on
puts or calls. page <DATA>.
For a standard equity option the ATM chains consist of:
MONTHLY OPTION CHAINS
Thomson Reuters provides monthly option chains for • The at-the-money strike contracts (or closest value).
Euronext-LIFFE equity and FTSE index options. • 3 strikes below the at-the-money strike.
The current syntax of the monthly option chains for LIFFE is: • 3 strikes above the at-the-money strike.
RIC symbol root <VOD>. They track price movements of the underlying equities
Future month expiry code (June) <Z>. throughout the day.
Year digit (2012) <2>. All contract expiries for the relevant strike prices are also
Asterisk *. included in the chain.
Exchange identifier <.L>.
For example:
<VODZ2*.L> F3 (December 2012 contracts)
Alternatively, to see a list of all months on an equity option
contract <VOD*.L> + F3.
CHAPTER 8
OPTIONS
The RIC symbol structure for an at-the-money chain is: The RIC symbol structure is:
RIC symbol root TRIL. This example shows the December 100 call option for the
British pound on LIFFE.
Asterisk (*) *.
To construct a single contract, here are the delivery month
Dot and exchange identifier .L
codes for options:
Two plus signs ++
CALL OPTIONS: PUT OPTIONS:
Confirm with the F3 key F3
January A July G January M July S
For example: <TRIL*.L++> F3.
February B August H February N August T
THE STRUCTURE OF SINGLE-OPTION CONTRACTS March C September I March O September U
As we have seen, the best way of finding a specific contract
April D October J April P October V
is nearly always to drill down from the speed-guide or to
display a chain based on the underlying instrument. May E November K May O November W
Nevertheless, it is useful to be able to interpret the codes June F December L June R December X
that are displayed for 86 single contracts.
EUREX CONTRACTS
Underlying Month-letter for put or call An example RIC symbol would be <BMWG330dB0.EX>
RIC root for the BMW Feb 2010.
Strike price
Strike 33 call option. Refer to <RULES5>for specific RIC
Exchange symbol construction rules on Eurex.
VOD100L0.L identifier
CHAPTER 8
OPTIONS
FIELD NAMES FOR QUOTE LISTS FIELD POWERPLUS PRO IDENTIFIER FID NUMBER REUTERS 3000 XTRA IDENTIFIER
If you want to set up a quote list in an Excel spreadsheet,
RIC CODE RIC NAME -1 X_RIC_NAME
then these are the most commonly used fields. For each
field of information, you can use either the Power Plus Pro Name of future DISPLAY NAME 3 DSPLY_NAME
identifier, the FID (field number) or the field identifier used Contract month CONTRACT MONTH 41 CONTR_MNTH
by Reuters 3000 Xtra.
Bid BID 22 BID
FINDING OPTIONS ON FUTURES Offer ASK 25 ASK
There are three primary means to find relevant options on
futures content: Net change NET CHANGE 11 NETCHNG_1
CHAPTER 8
OPTIONS
CHAPTER 8
OPTIONS
CHAPTER 8
OPTIONS
CHAPTER 8
OPTIONS
CHAPTER 8
OPTIONS
SURFACE DISPLAY
Contributed surfaces are shown on the tile of the
contributor who prices them, for example <EURVOL=GFI>.
The main contributors for this data are the brokers GFI and
ICAP, their index pages can be found on <OPS/FX1>.
CALCULATED FX SURFACES
To provide more in-depth information, Thomson Reuters
provides calculated surfaces derived from brokers. We take
the contributed surfaces, e.g. GBPVOL=ICAP, and use that
information to derive the full smile per expiry from 10 delta
put to 10 delta call. We show implied volatility, premium
and strike for each data point.
CHAPTER 9
COMMODITIES
NAVIGATION BY RIC SYMBOL CHAINS XXx/2 Non-energy commodity cash market prices menu
CHAIN DESCRIPTION by product/ alphabetical order. Identical market sector
0#COMMOD (or COMMOD F3): The main RIC symbol identifiers as above, e.g. <GRAINS/2>.
chain for non-energy commodities. From this RIC symbol
XXX/3 Non-energy commodity specialist datasets (fee-
chain you can double-click on any of the eleven types of
liable add-ons) by source/alphabetical order. Identical
commodity data from futures or cash to indices or
market sector identifiers to above, e.g. <GRAINS/3>.
stock levels.
XXX/4 Non-energy commodity fundamental (supply/
This enables you to drill down through these chains to
demand) data by product/alphabetical order. Identical
reach the required sector and product without needing to
market sector identifiers to above, .e.g. <GRAINS/4>.
know a code.
ENERGY The main speed-guide for energy, with all codes
0#ENERGY (or ENERGY F3): The main RIC symbol chain
for power, gas and oil cash prices, futures and news. While
for energy. From this RIC symbol chain you can double-click
the chain navigates to logical RIC symbols (standard
on any of ten types of energy data from futures or cash to
templates), the speed-guide also points to page displays
weather or spreads. This enables you to drill down through
where less-standard formats are used.
chains to reach the required sector and product without
needing to know a code. XXX/1 Energy futures and options menu by market
sector. Available for <CRUDES/1>, <PRODUCTS/1>,
NAVIGATION BY SPEED-GUIDES
<POWER/1>, <NATGAS/1>, <COAL/1>.
SPEED-GUIDE DESCRIPTION
COMMOD The main speed-guide for commodities, XXx/2 Energy cash market prices menu by product/
containing information on base and precious metals, alphabetical order. Identical market sector identifiers as
grains, oilseeds and livestock. While the chain navigates to above, e.g. <CRUDES/2>.
logical RIC symbols (standard templates), the speed-guide
XXX/3 Energy specialist datasets (fee-liable add-ons)
also points to page displays where less standard formats
by source/alphabetical order. Identical market sector
are used.
identifiers to above, e.g. <CRUDES/3>.
XXX/1 Non-energy commodity futures and options
XXX/4 Energy fundamental (supply/demand) data
menu by market sector. Available for <GRAINS/1>,
by product/alphabetical order. Identical market sector
<OILSEEDS/1>, <LIVESTOCK/1>, <SOFTS/1>,
identifiers to above, .e.g. <CRUDES/4>.
<FIBRES/1>, <METALS/1>, <PRECIOUS/1>,
<SHIPPING/1>, <WEATHER/1>.
CHAPTER 9
COMMODITIES
2. T
ype/specification/delivery is up to eight alphanumeric SU Surubaya, Indonesia SUM Sumatra
characters long. The individual elements are optional, UP U Pandang, Indonesia JAV Java
but at least one must be present. The order of
precedence is: LATAM Latin America GUW Guwahati, India
CHAPTER 9
COMMODITIES
All commodity abbreviations are standard for full quotes: 2. In the 0#COMMOD/CASH display, double-click on any
of the RIC symbol chains displayed to drill down further
CODE COMMODITY until you reach the required individual instrument.
PEP Pepper
A typical navigation could be:
SUG Sugar
1.0#COMMOD – Main commodities chain.
CC Cocoa
2.0#COMMOD/CASH – Commod physicals.
COF Coffee
3.0#SOFTS/CASH – Softs physicals.
RUB Rubber
CHAPTER 9
COMMODITIES
SUGAR-EU F3
C-E F3 Crudes, Europe
C-N F3 Crudes, North America
P-A F3Products, Asia
P-E F3 Products, Europe
Further examples: <PEPPER> F3 for global pepper,
P-N F3 Products, North America
<COFFEE-ARA> F3 for global Arabica coffee
ENERGY CASH PRICE CHAINS
Energy cash RIC symbol chains work in the same way as
commodities (see above).
Start your navigation at <0#ENERGY>
For example, this search drills down to find a spot price
for jet fuel at New York Harbor.
CHAPTER 9
COMMODITIES
TYPE CODE STRUCTURE These RIC symbol structures are used for heavily-traded
An example of the type code structure is <BRT-> F3 for cash cash instruments. Lightly-traded instruments may not have
Brent oil. RIC symbols in this format. If in doubt, use the speed-
guides (Such as <COMMODITY> F3 or <ENERGY> F3)
The location codes used for energy contracts are:
to drill down to the instrument you need.
CODE LOCATION CODE LOCATION
AFR Africa N US
MC US Mid-continent
CHAPTER 9
COMMODITIES
CHAPTER 9
COMMODITIES
CHAPTER 10
DELAYED DATA
If you want market prices in real time, then in most cases, you’ll have to pay access fees to the
exchange. However, nearly all exchanges allow you to retrieve recent prices – delayed prices – free
of charge. The length of the delay depends on the individual exchange. In some cases, it will be just
a few minutes; in others, it might be the closing price at the last trading session. For a guide to all
delayed data, check the page: <WORLD/DELAY1>. This gives details of the delays for all exchanges.
DELAYED EQUITY AND INDICES FULL QUOTES Note that if you use the 0# format, the forward slash goes
If you have access to the equity service, but have not after the 0#.
subscribed to a particular exchange, you can still view
Please remember that delayed chains are available for most
a delayed full quote on an instrument on that exchange.
futures and equity indices, but not for all.
All you need to do is to put a forward slash (/) in front
of the RIC symbol. DELAYED FOREIGN EXCHANGE QUOTES
There is also delayed data for the foreign exchange
For example, type </VOD.L> instead of <VOD.L>.
markets. In FX, there are two different types of delay:
CLOSING RUNS
Two minutes, which is called a snapshot and is expressed
The closing run is a housekeeping exercise performed by
by the letter S, and ten minutes, which is expressed by
Thomson Reuters that prepares the display template for
using the letter X.
the next trading session. To see when the closing runs are
performed, see page <CLOSE/RUN1>. Example RIC symbols for these delays are:
DELAYED CHAINS <EUR=X> (ten-minute delay)
Chains work the same way. Just put a forward slash in front <EUR=S> (two-minute delay)
of the code:
You can find a complete list of delayed FX quotes in the
</.GDAXI> F3 for the German DAX index or <0#/.GDAXI>. cross-market package as described below.
CHAPTER 10
DELAYED DATA
CROSS-MARKET PACKAGE
The cross-market package from Thomson Reuters gives
you a limited amount of real-time and delayed data free TIP
Delayed quotes can also be
of charge. If you have subscribed to only one asset class
displayed in a graph. Just treat the
service, this gives you useful indicators of the state of delayed RIC symbol as if it were a
other markets. You can find out more details on the page: normal RIC symbol.
<CROSS/MKT1>.
STREAMING DELAYED DATA RIC Symbols
SDD (Streaming Delayed Data) RIC symbols have no further
arbitrary delay imposed by Thomson Reuters. Please refer
to data notification DN040482 on how to access streaming
delayed data trades published by MiFID trade
publishing venues.
CHAPTER 11
CONTRIBUTED DATA
Many leading market participants, such as investment banks, dealers and brokers, publish financial
information on the Thomson Reuters network. This can include price, analysis and market commentary.
These contributors provide insight and market rates across all asset classes, from vanilla equities to
exotic energy derivatives.
The contributed data is available in pages and in RIC symbols. Index page <CONTRIBUTIONS> is the
logical starting point. From here you can search for data by country, then specific market and finally
contributor name. Main index pages are also available for each contributor and, with just a few mouse
clicks, you can locate contributed data for all your business and trading needs.
Expert information is also available from specialist data providers who publish analytics and market
commentary. This can be ordered in addition to the Thomson Reuters service you have subscribed to.
For an overview of all specialist data on the Thomson Reuters network, type <SPECIAL>.
Thomson Reuters ensures that the quality of data published is always high. All contributors have
contractually agreed:
• To provide data that reflects their position or trading in the marketplace.
• To update in a timely manner, reflecting the level of activity in a particular market.
• Not to copy data from another source and republish onto their pages/RIC symbols.
• Not to publish defamatory or obscene material, or include advertising statements on behalf of third parties.
CHAPTER 11
CONTRIBUTED DATA
CHAPTER 11
CONTRIBUTED DATA
CHAPTER 11
CONTRIBUTED DATA
Real-time intraday prices Free format – contributor determines the content and display format
Record/display templates determine content and format of the display Potentially more than one instrument per page
Discrete FID (field identifier) list per instrument type Can be a combination of price, commentary, menus, disclaimers etc.
Consistent logical structure No automatic inclusion in aggregated displays but data can be parsed into
other applications such as Microsoft Excel
Ripple fields to show price history Page should be relevant to content and contributor
Automatic sourcing to value added displays (Super RIC symbols) Page content is not archived
e.g. EUR=
Chains and tiles available to retrieve multiple instruments in a single The five latest dealing codes DLG_CODE1 being the most recent.
display e.g. 0#GBTSY=
Historical data available The direction of bidding from the previous bid. Can be calculated from
either the bid price or for forward rates the offset from the bid price.
Easy to export/control e.g. to Microsoft Excel or in-house applications Today's highest transaction value.
CHAPTER 11
CONTRIBUTED DATA
RESTRICTED DATA SETS (RDS) WHAT DO I DO WHEN I CAN’T SEE A RIC SYMBOL OR
The vast majority of contributed data is made available to PAGE THAT I THINK I SHOULD BE ABLE TO VIEW?
all Thomson Reuters clients subscribing to the relevant Access is usually granted per billing address. If you’ve
Thomson Reuters service. For example, a contributor page changed your office location or billing address, it can affect
that is classified to hold foreign exchange (FX) information your access to some restricted data sets.
will be available to all Thomson Reuters clients subscribing
Contact the Thomson Reuters Help Desk or your Thomson
to a Thomson Reuters service containing FX information.
Reuters account administrator. We can tell you whether
This is known as unrestricted or public data.
you are still entitled to see that information or not.
Some contributed pages may have restricted access to You may need to contact the owner of the restricted
protect the publishers of the data from their competitors. data set to obtain permission to see that data again.
Brokers, for example, will restrict competing brokers from
SUPER RIC SYMBOLS
viewing their contributed pages on Reuters 3000 Xtra.
Some contributed prices on pages or RIC symbols can
Restricted Data Sets (RDS) control who can and who also appear on Super RIC symbols. A Super RIC symbol
cannot view their contributed data. Contributors use displays a single issue with the three latest contributed
the data sets to restrict access. The options are prices available. These prices may be sourced from a single
described below. contributor or from three different ones.
• P
ublic Restricted. Public restricted data is released to The example below shows two Super RIC symbols.
all subscribers to the relevant service, except those On top is <EUR=>. The last three rates are shown, plus
specified by the contributor. A public RDS is typically the identifier of the most recent contributor (Barclays).
used in cases where a contributor requires a wide The lower part of the display shows a German Bund
audience for the data, with certain key exclusions. <DE113514=>. In this case, much greater depth of data is
• P
rivate Restricted. Private data is released only to shown, but note the three latest prices and contributors
those Thomson Reuters subscribers specified by the near the top of the display.
contributor. A private RDS is typically used as a means
of communication between different sites of the
contributor, or to send information to a limited number
of subscribers. These subscribers can view the RDS data
regardless of the products to which they subscribe.
CHAPTER 11
CONTRIBUTED DATA
The recommended method is to contribute price inserts the information into a RIC symbol or Super
information directly to logical records. The Super RIC RIC symbol. Because logicisation depends on knowing
symbol updates are triggered automatically by updates the precise location and format of each piece of data on
from the contributed RIC symbol, as long as the updates the contributed page, you have to notify Thomson Reuters
meet the relevant tolerance requirements. (This ensures in advance if you want to make any changes to the format
that clearly incorrect updates are not passed through of that page.
automatically and also maintains the integrity of the
CONTRIBUTED PAGES
composite display).
Pages are the alternative medium for contributing. They
are most obviously useful if you want to publish text of any
kind, such as commentary. Given the significant advantages
of RIC symbol contributions over page-based contributions,
we encourage RIC symbol contribution. An IDN large page
is a single instrument made up of 25 rows, each with 80
characters e.g.< CITICOMMDTYTOT>.
LOGICISATION
If you contribute to pages rather than the RIC symbol
(see below), it may be possible for your page-based
contributions to be passed automatically to the Super RIC
symbol. The process for doing this is called logicisation.
With logicisation, Thomson Reuters picks up the
co-ordinates of an instrument in your page and
CHAPTER 11
CONTRIBUTED DATA
The top row of each page is owned by Thomson Reuters. REUTERS SPREADSHEET PUBLISHER (RSP)
It usually contains a date and time stamp (reflecting the This is an add-in to Microsoft Excel, enabling you to
time of the most recent insert), together with the name and contribute directly to Thomson Reuters and to third parties.
subscriber number of the page owner. The rest belongs It is ideally suited to RIC symbol-based contribution.
entirely to the contributor. By using simple Microsoft Excel wizards, Thomson Reuters
contribution functions can be created, enabling you to send
UPDATING YOUR PAGES AND RIC SYMBOLS
updates on a manual, automatic or timed basis, providing
As a contributor, you’ll find that the RIC symbol and pages
you with feedback and error messages for all the inserts
can be updated with minimal effort, either manually
that you have sent.
(simply by typing the updated quote), or automatically
using spreadsheets. Your Thomson Reuters account MARKETLINK-IP (MLIP)
manager or contributions relationship manager will be able This is for server-based contributions. It is a datafeed that
to advise you on the most appropriate contribution method provides a gateway into Thomson Reuters, enabling client
for your requirements. systems to insert real-time updates from multiple desktops
or pricing engines. It can support both page-based and RIC
There are several different applications that enable you
symbol contributions.
to control your contributions and make your updates.
The main ones are introduced below. ConteX MCS
This is for server-based contributions. ConteX MCS
INSERTLINK
is a high-performance, low-latency, fault-tolerant
Insertlink enables users to contribute prices and text
multi-contribution system, which takes data from a
data to pages and RIC symbols to the Thomson Reuters
range of sources (including pricing engines and market
IDN network and to third parties. Tailored displays and
data platforms), transforms it into appropriate formats
automated manual contributions can be set up to suit
and protocols, and publishes it to multiple external
your convenience, allowing you to contribute with just
destinations. ConteX is also used for distributing
a few mouse clicks. It can be installed on a range of
and sharing market data between systems and
platforms and your Thomson Reuters representative
desktops internally.
will advise you on the details for specific versions.
CHAPTER 11
CONTRIBUTED DATA
CHAPTER 12
NEWS
Finding the news you need is easy. You can retrieve specific
stories using:
• Keywords.
• Codes.
• RIC symbol.
• Quote chains.
• Speed-guides.
Reuters 3000 Xtra users can also view Top News in an
internet browser.
Press F7 to display a browser window, then enter the URL:
http://topnews.session.rservices.com
From the front page of Top News, you can easily move to
specific news items or topics using the links or the menu
on the left-hand side.
CHAPTER 12
NEWS
CHAPTER 12
NEWS
NEWS SPEED-GUIDES Reuters news codes offer a fast and accurate means of
On Reuters 3000 Xtra, click in a quote frame or press F4 finding news: they are designed to be logical and easy
for a quote browser. Then type the code for the speed-guide to remember.
and press
CODES
CODE CONTENT
ECI for news about economic indicators.
CHAPTER 12
NEWS
KEYWORDS
Simply type AUCTION to retrieve headlines containing
this word. Or type “US CREDIT OUTLOOK” (including the
quotation marks) to find headlines containing this phrase.
Alternatively, to search both the headline text and story
text for a specific keyword, just type the keyword within
quotation marks and press the SHIFT and F9 keys
simultaneously. With this method, the headlines are not
updated automatically, so you’ll need to refresh the window
each time you want to check for the latest news.
RIC SYMBOLS
Simply input TRI.N to retrieve headlines about
Thomson Reuters. Or type FTSE to retrieve headlines
about the FTSE index. Alternatively, if you are already
looking at the Thomson Reuters share price, simply press
F9 and this will retrieve the same headlines. This will
also work for quote chains.
CHAPTER 12
NEWS
HOW TO CUSTOMIZE YOUR NEWS SEARCH The Washington Post and The Economist. When building
You can combine codes, RIC symbols and keywords to your own screens, insert the Global Press Watch object.
make your search as specific as required. Most news codes are the same as those for Reuters news,
for example, E for Equity news. So, CEN AND EMRG finds
To narrow your search, type more than one code or
headlines of articles relating to central banks in
keyword and join them together with either a hyphen
emerging countries.
or the word AND:
Example: ECI-EMRG or ECI AND EMRG gives news on
economic indicators in emerging markets.
To broaden your search, type more than one code or
keyword and either leave a space between them or join
them together with the word OR:
Example: ECI EMRG or ECI OR EMRG gives all news on
economic indicators anywhere in the world and all types
of emerging markets news.
To exclude specific codes, RIC symbols and keywords,
you should precede them by the word NOT:
Example: (ECI-EMRG) NOT PL gives news on economic
indicators in all emerging markets except Poland.
FACTIVA NEWS SEARCH (previously known as Global
Press Watch).
Factiva News Search, which is available to all Reuters
3000 Xtra users, is an excellent research tool, providing
access to a database of articles from hundreds of
respected publications, including The Financial Times,
CHAPTER 12
NEWS
CHAPTER 12
NEWS
CHAPTER 12
NEWS
FIXED INCOME NEWS FIXED INCOME NEWS
All news for debt markets D Debt Diary D/DIARY
All Treasury news T Today in FX and Debt markets MI/DIARY
Top Debt news TOP/DBT Today in US treasuries T/DIARY
All news about debt markets DBT Key world finance events KEY/DIARY
Government debt news GVD
Eurobond news EUB COMMODITIES NEWS
Ratings news AAA Commodities news C
Derivatives DRV-DBT Top Commodities news TOP/C
Mortgage-backed debt MTG Metals and related news MTL
Eurobonds EUB Top news – metals TOP/MTL
Loans LOA Base metals MET
US Corporates USC Gold/precious metals GOL
Equity-linked bonds EQB Metals diary MTL/DIARY
New issues ISU-DBT Softs and related news SOF
Terms & Conditions TNC Top news – softs TOP/SOF
Municipals news MUNI Coffee COF
Emerging Markets debt news EMRG-DBT Cocoa COC
Technical Analysis INSI-DBT Rubber RUB
Reuters trade strategy reports IDEA/ Sugar SUG
World Bond analysis report G7/ Tea TEA
Emerging Markets debt report EMRG/DBT Fruit juices ORJ
Euro debt report GVD/EUR Softs Diary SOF/DIARY
US treasury report US/ Grains/oilseeds/livestock and related GRO
news
US credit outlook US/O
Top news – grains/oilseeds/livestock TOP/GRO
Japan debt report JP/
Grains/oilseeds/livestock summary SUM/COM
Eurobonds report EUB/
Oilseeds and edible oils OILS
Mortgage debt report MTG/
Grains GVD/EUR
Swaps report (daily) SWP/
CHAPTER 12
NEWS
CHAPTER 12
NEWS
CHAPTER 13
ERROR MESSAGES/ PERMISSIONING
Nobody has access to all the data supplied by b) You are not permissioned to see the data (for datafeed
Thomson Reuters. Sooner or later, you’ll see one of customers, selective access and data not available
these error messages when you try to find something. are synonymous).
Selective Access Action
This means the code you have entered exists, but that you Phone your local customer support or Thomson Reuters
are not permissioned to view or retrieve it. representative, who will be happy to give you the correct
code or will find out why you cannot retrieve the data
Action
you requested.
If you have requested exchange information, data from a
specialist data provider source, or a Restricted Data Set, There are many support services provided by
you need to notify Thomson Reuters that you want to see Thomson Reuters Customer Administration.
this data. There may be an additional charge payable if you Some of the more common services include:
have to subscribe to an exchange. The data may be part
ADDITIONS, DELETIONS AND CHANGES TO
of a Restricted Data Set, in which case either you are no
EXISTING SERVICE
longer part of the user group and need to re-apply, or you
You can request additions, deletions and general changes
may not be permitted to view it.
to services through the Thomson Reuters Customer
Alternatively, you might not have subscribed to the correct Administration Department. In some cases, your account
Thomson Reuters or specialist data service. team involvement may be required if the requests require
additional pricing quotations or contractual terms.
If you are trying to view a page belonging to a broker, it is
Thomson Reuters Customer Administration can then
most likely that the broker has set up a Restricted Data Set.
determine the need for additional information and handle
Your Thomson Reuters representative will check if you are
the request through to completion.
able to view the information, and will contact the broker on
your behalf. Additions to services that do not require additional
contracts or pricing will generally be permissioned
Data Not Available
within 24 to 72 hours.
This can have two meanings:
a) The code you entered does not exist
CHAPTER 13
ERROR MESSAGES/ PERMISSIONING
CHAPTER 14
CONTACTING THOMSON REUTERS CUSTOMER SUPPORT