Thomson Reuters And Jiji Press Join Forces To Serve The Japanese Commodities Marketplace
Tokyo – Thomson Reuters and Jiji Press today announced that they have teamed up to serve the growing Japanese commodities marketplace. The two companies have combined their respective commodities news, information and desktop capabilities to bring an unrivaled, single Japanese-language commodities service across Japan.
The agreement brings together Jiji’s leading Japanese-language commodities service J-COM α with the Reuters Trader for Commodities desktop. The fully integrated, rebranded Reuters Trading for Commodities Advanced Japan (RTCA-JCOM) platform will be jointly marketed and sold by both companies to their client bases.
Mark Smith, Managing Director of Thomson Reuters in Japan, commented: “Thomson Reuters and Jiji Press have had a close and successful working relationship over many years and today’s announcement is a natural progression. There’s a great deal of interest in the global commodities markets, particularly in Japan, RTCA-JCOM is a winning combination for our clients.”
Masahiro Nakata, President CEO of Jiji Press, commented: “The integration of J-COM α with Reuters Trader for Commodities brings our clients a robust offering of leading domestic and international content and capabilities. Our clients will benefit from the best of both worlds on one desktop – the in-depth local knowledge that we’re famous for and Thomson Reuters global reach.”
RTCA-JCOM combines Jiji’s breadth and depth of local real-time commodities news with the global reach of Thomson Reuters news, data, analytics and transaction capabilities. It includes approx. 1,000 news stories per day published by Jiji in Japanese on the domestic commodities market and is backed by Reuters worldwide editorial staff of 2,700 including a network of 175 commodities journalists who provide comprehensive global commodities market coverage. Clients can also access extensive fundamentals content via an intuitive database which offers intelligent insight into the global oil, metals and freight markets.
The integrated platform has access to all major commodity exchanges and emerging markets as well as global OTC prices and can be seamlessly integrated into Excel and the Metastock charting package for deeper analysis.
A Japanese Commodities Forum based on the highly successful Global Oil Forum which is a rich seam of news, market insight, analysis and discussion hosted by Reuters specialist energy & oil market journalists, will provide news commentary and analysis in Japanese from both Reuters and Jiji’s editorial desks.
Reuters Trading for Exchanges (RTEx), an order routing function of RTCA-JCOM, makes it possible to route exchange contracts to brokers from a single desk-top to simplify the end-users workflow and trading process.
About Thomson Reuters
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI); London Stock Exchange (LSE: TRIL); and Nasdaq (NASDAQ: TRIN). For more information, go to www.thomsonreuters.com.
About Jiji Press
Jiji Press is the leading news wire agency in Japan which has 81 internal offices and about 30 bureaus abroad. In addition to about 140 media companies including newspapers and TV, Jiji Press also serve a wide variety of subscribers, such as businesses, government agencies and other entities, with specialized news services that bring financial and securities market developments, commodities prices and central and local administration information to the readers. Particularly in commodity market and central and local administration information, Jiji has an overwhelming strength. Jiji Press gathers massive news and photos from all over the world filed by its own correspondents and by international news agencies like Thomson Reuters, AFP, EPA. Jiji Press also provides English-language political, economic and financial news to foreign media and financial institutions. For more information, go to www.jiji.com.
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