Reuters to Provide Its Customers With EnronOnline Quotes.Business Editors NEW YORK--(BUSINESS WIRE)--June 5, 2001 Reuters Reuters British cooperative news agency. Founded in 1851 by Paul Julius Reuter, it was initially concerned with commercial news but began to serve a growing newspaper clientele after the London Morning Advertiser subscribed in 1858. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : RTRSY), the global information, news and technology group, today announced the launch of a new service called "EnronOnline Real-Time Quotes." Subscribers of the service have access on their Reuters screen to real-time EnronOnline quotes for power, natural gas, crude oil and refined products, bandwidth, metals, coal, emission allowances, sea freight and weather derivatives Weather derivatives are financial instruments that can be used by organizations or individuals as part of a risk management strategy to reduce risk associated with adverse or unexpected weather conditions. . In addition, the quotes are archived so users can retrieve, track, view and analyze the information over time using their Reuters desktop tools. Users - including traders Traders Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread. , analysts and others - can view bids, offers, and midpoints as well as the high, low, closing midpoint mid·point n. 1. Mathematics The point of a line segment or curvilinear arc that divides it into two parts of the same length. 2. A position midway between two extremes. and change from the previous day. Using their Reuters tools, they can create charts, models, position reports and other analysis. Subscribers will not be able to transact An earlier e-commerce system for the Web from Open Market that included order capture and secure order fulfillment using credit cards, ecash and other payment systems. It included customer service and subscription administration capabilities as well as an integrated database for reporting on the quotes through Reuters. Phil Lynch, Reuters America Co-Chief Executive Officer, said: "With the increased volatility in energy markets and the growth in online commodities trading, the EnronOnline Real-Time Quotes service will provide a comprehensive source of market pricing for our customers." Subscriptions to EnronOnline Real-Time Quotes are available to Reuters customers globally. The service provides quotes on North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. and European markets. Quotes are available in real-time during EnronOnline's market hours. In global markets such as crude oil, quotes are updated 24 hours a day, seven days a week. More information on this service is available at www.reuters.com/enrononlinequotes. Since the November, 1999 launch of EnronOnline, the world's largest commodity trading website, customers have completed over one million transactions on the site. Today, EnronOnline transacts over $3 billion daily in energy and other commodities. Note to Editors: Reuters (www.about.reuters.com) premier position as a global information, news and technology group is founded on its reputation for speed, accuracy, integrity and impartiality im·par·tial adj. Not partial or biased; unprejudiced. See Synonyms at fair1. im  par·ti·al combined with continuous
technological innovation. Reuters strength is based on its unique
ability to offer customers around the world a combination of content,
technology and connectivity. Reuters makes extensive use of internet
technologies for the widest distribution of information and news. Around
73 million unique visitors A count of how many different people access a Web site. For example, if a user leaves and comes back to the site five times during the measurement period, that person is counted as one unique visitor, but would count as five "user sessions. per month access Reuters content on some
1,400 Internet websites. Reuters is the world's largest
international text and television news agency with 2,500 journalists,
photographers and camera operators in 190 bureaux, serving 160
countries. In 2000 the Group had revenues of (pound)3.59 billion and on
31 December 2000, the Group employed 18,082 staff in 204 cities in 100
countries. Reuters celebrates its 150th anniversary this year.
Reuters and the sphere logo are the trademarks of the Reuters group of companies. EnronOnline is a trademark of Enron Corp. |
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