how to find data on thomson reuters quickly and easily
Transcription
how to find data on thomson reuters quickly and easily
HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY THIRD EDITION HOME TABLE OF CONTENTS OW TO FIND DATA ON THOMSON H REUTERS QUICKLY AND EASILY: THIRD EDITION I NTRODUCTION TO THE THIRD EDITION OF HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY HOW THIS GUIDE IS ORGANIZED TIPS IN BRIEF HAPTER 1 – GETTING STARTED WITH C THOMSON REUTERS DATA WHAT DO WE MEAN BY REAL-TIME DATA? EXCHANGE-TRADED REAL-TIME DATA WHERE CAN YOU FIND HISTORICAL REFERENCE FUNDAMENTAL DATA? SPECIALIST DATA HAPTER 2 – SIMPLE WAYS OF FINDING C DATA ON REUTERS 3000 XTRA VERSION 5.1 EUTERS 3000 XTRA – SEARCH FACILITIES R FOR VERSION 5.1 XTRA MENU INSERT INSTRUMENTS EASILY REAL-TIME STATUS ONE UNIQUE HELP SYSTEM FINDING EQUITIES TO FIND AN INSTRUMENT WHEN YOU KNOW ITS CLEARING CODE (FOR EXAMPLE, ISIN) FINDING DEBT INSTRUMENTS TO FIND A BOND WHERE YOU KNOW THE IDENTIFIER (SUCH AS ISIN, CUSIP OR SEDOL) previous page HOME next page EARCH BY THE MAIN CHARACTERISTICS S OF A BOND, SUCH AS RANGES OF COUPONS/ MATURITY DATES AND CREDIT RATINGS, AS WELL AS PARTICULAR FEATURES OF THE BOND REUTERS 3000 XTRA – SEARCH FACILITIES FOR VERSION 5.1 THOMSON REUTERS SEARCH TIP DISPLAYING THE RESULTS OF A THOMSON REUTERS LOOKUP OR CRITERIA SEARCH HOW TO KEEP TRACK OF DATA THAT HAS CHANGED THE ALERTS SERVICE NEW DATA HAPTER 3 – THE STRUCTURE OF C THOMSON REUTERS DATA WHAT ARE RIC SYMBOLS AND PAGES? WHEN TO USE UPPER OR LOWER CASE REUTERS INSTRUMENT CODES (RIC) SYMBOLS ADVANTAGES OF RIC SYMBOLS FULL QUOTES CHAINS AND TILES SO WHAT IS THE DIFFERENCE BETWEEN A CHAIN AND A TILE? HOW TO DISPLAY A CHAIN HOW TO DISPLAY A TILE PAGE FORMATS SPEED-GUIDES FIELD IDENTIFIERS (FIDS) WHY DO YOU NEED TO KNOW ABOUT FIDS? FIELD NUMBERS IN BRIEF: RIC SYMBOLS AND PAGES THE GENERAL RIC SYMBOL STRUCTURE THE RIC SYMBOLS ROOT WHAT IS THE ADVANTAGE OF KNOWING ABOUT RIC SYMBOLS ROOTS? PERIOD OR TIME INTERVALS DELIMITERS SEPARATOR INSTRUMENT EXAMPLE CODES SOURCE CODES EXCHANGE IDENTIFIER IN BRIEF: GENERAL RIC SYMBOL STRUCTURE CHAPTER 4 – EQUITY MARKETS PEED-GUIDES, RIC SYMBOLS S AND PAGES FULL QUOTES FOR EQUITIES AMERICAN CONSOLIDATED QUOTES EQUITY RIC SYMBOLS INCORPORATING BROKERAGE CHARACTERS EQUITY INDICES COMPANY NEWS TOP NEWS FACTIVA NEWS WATCH SECOND-LEVEL (ORDER BOOK OR MARKET MAKER) CHAINS TIP TIME AND SALES 2 TABLE OF CONTENTS TIP EQUITY VIEWS BACKGROUND PAGES DELAYED EQUITIES AND INDICES HOW TO CONFIGURE REUTERS 3000 XTRA TO HAVE DELAYED DATA AUTOMATICALLY SWITCHED ON TIP FIELD NAMES FOR QUOTE LISTS IN BRIEF: EQUITY MARKETS CHAPTER 5 – BOND MARKETS. OOLS FOR FINDING FIXED T INCOME DATA BOND VIEWS SEARCH SPEED-GUIDES, RIC SYMBOLS AND PAGES NAVIGATING BY CHAINS THE GENERAL STRUCTURE OF BOND RIC SYMBOLS COUNTRY CODE SUPER RIC SYMBOLS FIELD NAMES FOR QUOTE LIST BENCHMARKS CHAPTER 6 – FOREIGN EXCHANGE AND MONEY MARKETS PEED-GUIDES, RIC SYMBOLS S AND PAGES SPOT RATES CROSS-RATES CONTRIBUTED CROSS-RATES CALCULATED CROSS-RATES TIP previous page HOME CHAPTER 7 – FUTURES PEED-GUIDES, RIC SYMBOLS S AND PAGES FUTURES CONTRACTS DELIVERY YEARS FOR FUTURES CONTINUATION RIC SYMBOLS SERIAL FUTURES CONTRACTS FUTURES CHAINS KEY DATES INFORMATION FUTURES CHAINS SHOWING MARKET DEPTH EXPIRED FUTURES FIELD NAMES FOR QUOTE LISTS next page DEPOSITS AND FORWARDS FORWARDS OUTRIGHT FORWARDS CONTRIBUTED EURO CROSS FORWARDS DEPOSITS FORWARD RATE AGREEMENTS (FRAs) SWAPS ZERO CURVES HOW THE ZERO CURVE IS CONSTRUCTED VOLATILITIES FOREIGN EXCHANGE VOLATILITIES INTEREST RATE VOLATILITIES FIXINGS EURO INTERBANK OFFERED RATES OTHER FIXINGS FIELD NAMES FOR QUOTE LISTS AND POWER PLUS PRO IN BRIEF: FOREIGN EXCHANGE AND MONEY MARKETS IN BRIEF: FUTURES DELIVERY YEARS FOR FUTURES DELAYED FUTURES CHAPTER 8 – OPTIONS EQUITY OPTIONS CHAINS OF OPTIONS ON CASH EQUITIES US OPTIONS TRADED ON OPRA OPRA STANDARD SERVICE TIP MONTHLY OPTION CHAINS AT-THE-MONEY CHAINS THE STRUCTURE OF SINGLE-OPTION CONTRACTS EUREX CONTRACTS FIELD NAMES FOR QUOTE LISTS OPTIONS ON FUTURES THE ‘ALL OPTIONS’ CHAINS THE AT-THE-MONEY (ATM) OPTIONS CHAIN VOLATILITY SURFACE CONTENT ATM VOLATILITY INDICES OPTIONS ON FUTURES RIC SYMBOLOGY OTC FOREIGN EXCHANGE OPTIONS ATM FX OPTIONS RIC SYMBOL CONSTRUCTION CONTRIBUTED SURFACES RISK REVERSALS RIC SYMBOL CONSTRUCTION BUTTERFLIES SURFACE DISPLAY CALCULATED FX SURFACES 3 TABLE OF CONTENTS CHAPTER 9 – COMMODITIES NAVIGATION BY CHAINS CHAIN DESCRIPTION NAVIGATION BY SPEED-GUIDES CASH INSTRUMENTS TIP CASH COMMODITIES CHAINS RIC SYMBOLS FOR COMMODITY CHAINS ENERGY CASH PRICE CHAINS RIC SYMBOLS FOR ENERGY CASH CHAINS TYPE CODE STRUCTURE COMMODITES FUNDAMENTAL DATABASE (MPD) FIELD NAMES FOR QUOTE LISTS IN BRIEF: COMMODITIES AND ENERGY MARKETS CHAPTER 10 – DELAYED DATA DELAYED EQUITY AND INDICES FULL QUOTES CLOSING RUNS DELAYED CHAINS DELAYED FOREIGN EXCHANGE QUOTES CROSS-MARKET PACKAGE STREAMING DELAYED DATA RIC SYMBOLS TIP CHAPTER 11 – CONTRIBUTED DATA CONTRIBUTED DATA RIC SYMBOLS AND FIDS previous page HOME next page THE ADVANTAGES OF CONTRIBUTING RIC SYMBOLS RESTRICTED DATA SETS (RDS) WHAT DO I DO WHEN I CAN’T SEE A RIC OR PAGE THAT I THINK I SHOULD BE ABLE TO VIEW? SUPER RIC SYMBOLS LOGICISATION CONTRIBUTED PAGES UPDATING YOUR PAGES RIC SYMBOLS INSERTLINK REUTERS SPREADSHEET PUBLISHER (RSP) MARKETLINK-IP (MLIP) CONTEX MCS IN BRIEF: CONTRIBUTED DATA CHAPTER 12 – NEWS HOW TO SEARCH FOR NEWS NEWS SPEED-GUIDES CODES KEYWORDS RIC SYMBOLS HOW TO CUSTOMIZE YOUR NEWS SEARCH NEWS TOPIC CODES OTHER USEFUL PAGES LANGUAGE CODES THIRD-PARTY NEWS SOURCES HAPTER 13 – ERROR MESSAGES/ C PERMISSIONING SELECTIVE ACCESS DATA NOT AVAILABLE EXCHANGE AND THIRD PARTY SERVICE MANAGEMENT DATAFEED ACCESS DECLARATIONS ELECTRONIC SELF-ADMINISTRATION HOURS OF OPERATION HAPTER 14 – CONTACTING THOMSON C REUTERS CUSTOMER SUPPORT CONTACT US ACCESSING THE “CONTACT US” FORM HELP DESK NUMBERS 4 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION INTRODUCTION TO THE THIRD EDITION OF HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY The previous editions of this guide were clear, concise and well received. They provided a general explanation of code structures and specific guides for each asset class. This edition simply brings the guide up to date. The underlying code structures for our data remain very much as they were, but the markets, technical innovations and our depth of coverage increase continually to serve you better. We have added details that direct you to this information and have removed some things that are no longer valid. Since the previous edition, Reuters 3000 Xtra displays have developed significantly. So, what’s new on Reuters 3000 Xtra v5.1? Some exciting new features of Reuters 3000 Xtra v5.1 include: • Improved usability: Auto-suggestion, Quote list enhancements. • Better workflow: Integrated calculators linkable within flex. • Enhanced analytics: New Adfin calculation functions for credit derivatives. • Enhanced Charts: Automatic chart alerting, New Dynamic Scrollbar. Auto-suggestion is an auto-search feature which suggests 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, previous page HOME next page easier to use, easier to view and faster. There are sixteen new style calculators covering the most important analytics requirements for currency options, forward rate agreements, interest rate and currency swaps, swaptions, FX swaps and deposits. State-of-the-art pricing models are now available for credit correlation products. Pricing and valuation functions are provided for collateralized debt obligations. In the Reuters 3000 Xtra Charts, you can now define an alert for analyses crossing each other or crossing trend lines. A new scrollbar has been introduced for more flexibility to expand or contract the x-axis by dragging the sides of the scrollbar thumb. There have also been significant increases in the depth and breadth of our market coverage. We have coverage on Daily Australia Securities Exchange broker trading summaries, Hanoi Stock Exchange foreign trading data, Japanese consolidated tape, new Rabobank trading prices, Australian semi-government credit curves, new Brazilian ratings information. There are several more features and added market coverage that will be discussed in length in the relevant chapters. We hope you enjoy reading and learning more about Reuters 3000 Xtra v5.1. 5 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION There’s a lot of information waiting for you… But how do you know that you are making the most of everything you have subscribed to? If you find it difficult to get hold of the information you need, read on. The information that Thomson Reuters provides is constantly growing and continually changing. It’s not always easy to keep up with the latest developments. This guide changes that. Whether you’re a new user or have been working with data from Thomson Reuters for years, this provides a comprehensive reference point for all the codes that are used to find information. It also directs you to useful pages that help you find your way around, and tools that can find information for you. The guide explains the structures behind codes in simple steps, and has separate sections on those codes for each of the major asset classes. So it’s not a directory – it’s better than that. Once you’re familiar with the data structures for different asset classes, many of the codes for data will become instinctively familiar to you. Real-time and historical data can be viewed on several different Thomson Reuters platforms and applications, such as Reuters 3000 Xtra, Thomson Reuters Kobra and Reuters Trader, as well as through Thomson Reuters datafeeds, the Thomson Reuters Terminal and a number of third-party applications. In this guide, we show you the best way to access that information. previous page HOME next page HOW THIS GUIDE IS ORGANIZED The world of Thomson Reuters data and news is, like the world it covers, vast, complex and potentially overwhelming. But our data is all built logically, and if you break it down into smaller pieces, there’s nothing too difficult to understand. In Getting Started, we look at the different types of data available. From there, we look at the structure of Thomson Reuters data. There’s also a section on different tools for finding all the data you need. Once you’re familiar with the high-level information, you can use the individual sections to look in detail at each asset class, such as equities, bonds, foreign exchange and commodities and energy. Finally, there are sections at the back that cover contributed data (pages and records of information provided by active market players), news codes, delayed data (usually available free of charge), error messages and phone numbers for help desks. For convenience, there’s an In Brief section at the end of most sections, which summarizes the key points. We’ve used icons throughout the book to highlight different types of information. TIP This indicates useful or important information that makes finding data even less complicated. IN BRIEF There is an IN BRIEF section that summarizes the key concepts at the end of each section. Markets and financial instruments do change constantly: companies merge and countries change their currencies. So, Thomson Reuters codes change too. The codes given in this book are correct at the time of going to press, but are liable to change at any time. The point of this book is to give you intelligent ways of finding data without memorizing codes – this is the best way to handle the constant change that is natural in the financial markets. 6 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 1 GETTING STARTED WITH THOMSON REUTERS DATA To begin understanding data from Thomson Reuters, it’s helpful to break it up into different groups. The easiest way is to start with these four: 1. Country-level: data that belongs to different countries. 2. Asset classes: equities, fixed income, etc. 3. Market-level: data that belongs to different exchanges or other recognized markets. 4. Real-time and historical data. The first three types are self-explanatory, but it’s worth looking at the fourth to understand the difference between real-time and historical data. Why? Because, before you start using Thomson Reuters data, you must tell Thomson Reuters which real-time exchange data you need. WHAT DO WE MEAN BY REAL-TIME DATA? Real time means almost immediately. When a trade is made at an exchange or a new rate is set, then you see it almost as soon as it happens – sometimes within a fraction of a second – regardless of your location. This real-time data can come from exchanges, from registered contributors on the Thomson Reuters network or from third-party data providers. EXCHANGE-TRADED REAL-TIME DATA All Thomson Reuters services supply the general financial information and news you have subscribed to. However, exchanges reserve the right to charge a small additional fee for the delivery of real-time data to your terminal. If you wish to know more about charges for particular exchanges, your local Thomson Reuters representative will be able to tell you the exact fees for the data you require. previous page HOME next page If you normally need only indicative prices, most exchanges also provide delayed data, which is free of charge. For more information on this, please refer to the Delayed Data chapter in this guide. WHERE CAN YOU FIND HISTORICAL REFERENCE FUNDAMENTAL DATA? Historical reference fundamental data is an integral part of Reuters 3000 Xtra. It includes company reports, bond terms and conditions, ratings histories and historical price charts. In addition, Thomson Reuters offers a range of enterprisewide financial information products, such as Thomson Reuters DataScope, offering open access to substantial amounts of historical data for department or enterprise-wide use. SPECIALIST DATA Thomson Reuters also gives access to specialist data services that provide extra depth of information, market commentary and analysis by acknowledged experts. The services cover all asset classes and all market segments, from treasury, asset management, investment banking and brokerage, through to corporate and media. Types of coverage include: • Economic indicators and macroeconomic commentary. • Specialist analysis and commentary. • Specialist forecasting and technical analysis. • Specialist news services. • Specialist prices (including broker data). For a full list of specialist services, go to page <SPECIAL>. Each service is chargeable, but you can find offers and free trials on page <FREETRIALS>. 7 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 2 SIMPLE WAYS OF FINDING DATA ON REUTERS 3000 XTRA version 5.1 REUTERS 3000 XTRA – SEARCH FACILITIES FOR VERSION 5.1 Reuters 3000 Xtra v5.1 provides a single search mechanism that enables you to perform anything from the simplest search for a company name to precise searches for data such as P/E ratios within a certain range or bonds by an issuer in a particular coupon range. XTRA MENU The Xtra Menu provides a simple way of finding every available display, relevant to a given instrument, from standalone charts through to complete pre-built models in Thomson Reuters Kobra or Thomson Reuters PowerPlus Pro (Microsoft Excel). You can click to view any display listed for instruments in any asset class. The screenshot below provides various options available in Reuters 3000 Xtra Menu. To view pricing information on a known RIC symbol, select Quote screen or press F4, type company name. The Auto suggest option will propose appropriate symbols or will prompt you back to Search. If the code proposed by the Auto suggest option is what you are looking for, input the RIC symbol code and then press enter. For example: previous page HOME next page You can search in several different ways, and then click directly to a display on one of the instruments returned. 8 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 2 SIMPLE WAYS OF FINDING DATA ON REUTERS 3000 XTRA version 5.1 EASILY INSERT INSTRUMENTS You can very easily insert an instrument anywhere in the Quote List: click the row above that you want to insert, press the Insert key and an Insert Item box will pop-up. The box also offers auto-search and auto-completion. REAL-TIME STATUS A new ‘traffic-light’ on the right of the menu bar gives you an immediate overview of the Thomson Reuters Market Data System sources health so you can quickly see if there are any problems with the data: - Green if all sources are available. - Orange if any but the main Thomson Reuters source is down. - Red if the main Thomson Reuters source is down. ONE UNIQUE HELP SYSTEM All help now uses the same online system that is common to all Thomson Reuters Products. Choose one entry in the Help menu or press F1 to get to the unified help system. previous page HOME next page 9 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 2 SIMPLE WAYS OF FINDING DATA ON REUTERS 3000 XTRA version 5.1 FINDING EQUITIES For the simplest search for a company: 1. Press Control + F and set the Look For field to Equities. 2. Enter the name or part name and click on the Search button. 3. W here more than one company is found that matches your search, these are listed for your convenience – click on one to display its instruments. TO FIND AN INSTRUMENT WHEN YOU KNOW ITS CLEARING CODE (FOR EXAMPLE, ISIN): 1. Press Control + F and set the Look For field to ‘Search All’ (also called FRD search). 2. Set the Where field to ‘Code’. 3. Enter the code or part code and click on the Search button. 4. W here more than one company is found that matches your search, these are listed. For your convenience, click one by one of the company’s instruments to drill down to find your instrument. 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. previous page HOME next page 10 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 2 SIMPLE WAYS OF FINDING DATA ON REUTERS 3000 XTRA version 5.1 4. The results will be displayed on the bottom of the page. Click on the Issuer to retrieve summary details and the instruments available. GENERAL SEARCH FINDING DEBT INSTRUMENTS 1. Set the Look For field to Debt. 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. The Analyze Results button is very useful complement to search workflows. It allows filtering of the results through a set of pre-defined clusters. 3. Once the criteria are selected, click on Search button to retrieve the results. previous page HOME next page 11 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 2 SIMPLE WAYS OF FINDING DATA ON REUTERS 3000 XTRA version 5.1 TO FIND A BOND WHERE YOU KNOW THE IDENTIFIER (SUCH AS ISIN, CUSIP OR SEDOL): You can also search by the main characteristics 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 a result list of all matching bonds, which you can then sort or select. 2. Against the Market Code button, enter the code. 3. Click on the Search button. 3. W here more than one instrument is found that matches your search, these are listed: click on one to display its instruments. previous page HOME next page 12 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 2 SIMPLE WAYS OF FINDING DATA ON REUTERS 3000 XTRA version 5.1 REUTERS 3000 XTRA – SEARCH FACILITIES FOR VERSION 5.1 Reuters 3000 Xtra v5.1 search include cross-asset, name and code look-up facility, as well as a criteria search that provides sophisticated criteria results for each asset class, covering equities, debt, forex & money, commodities and energy, funds and economic indicators. THOMSON REUTERS SEARCH The Thomson Reuters Search facility is a quick search function for finding companies, stocks, indices, bonds or economic data via a single name or code lookup. Given the full or partial name or any clearing code such as SEDOL, ISIN or CUSIP, you can browse through all information and quotes associated with it. There are two ways of getting into the Thomson Reuters Search tool: There are three types of search, depending on how you set the topmost field in the Search dialog box: • N ame search searches by company or issuer name to retrieve securities and their live quotes. • A sset class search uses basic criteria, such as name, ticker, quote price etc. • C ode search searches by any full or partial security ID or any clearing code. With Bond search, you can add a more specific search in the line where you enter the name, such as maturity date or coupon rate. For example: input <BMW> in Name field, select a maturity date criteria to drill down on the issue you are interested in. TIP For convenience, you can set default values in the search to avoid having to select them individually each time. Use the command Tools/Options/Services/Reuters Database Search. CRITERIA SEARCH This enables you to perform a criteria search through your database, including indices, options, futures, funds and economic indicators. There are two ways of starting a criteria search: button on • Click on the your toolbar. • Press CTRL + F. 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. previous page HOME next page 13 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 2 SIMPLE WAYS OF FINDING DATA ON REUTERS 3000 XTRA version 5.1 Once you have your search results you may view the results by right-clicking on the RIC symbol in the Results screen, which will put the RIC symbol into the active frame in your Reuters 3000 Xtra Quote screen. a) A flex sheet is the technical term for a display screen in Reuters 3000 Xtra container. This can display real-time prices, graphs and news, or historical, fundamental and analytical information. There are hundreds of pre-built displays in Reuters 3000 Xtra, covering all asset classes. Some of these are based on Kobra flex sheets; others are based on Microsoft Excel spreadsheets. You can also build custom screens to suit your exact information needs. b) S electing the item and right-clicking will give you a selection 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. HOW TO KEEP TRACK OF DATA THAT HAS CHANGED 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. previous page HOME next page The change notifications are driven by Thomson Reuters, exchanges, contributors and other institutional market data providers. These notifications are worth checking regularly, as they could affect your operations. Each notification includes a brief summary, a detailed description of the underlying changes and appropriate details for technical users. You can find this information at the following locations: Thomson Reuters page <WORLD/CHANGES1> lists daily RIC symbol additions/drops or changes sorted by country. Alternatively, you may view and subscribe to emails from the below link on Customer Zone: http://customers.reuters.com/a/symbolchanges/search.aspx TIP a) A flex sheet is the technical term for a display screen in Reuters 3000 Xtra container. This can display real-time prices, graphs and news, or historical, fundamental and analytical information. There are hundreds of pre-built displays in Reuters 3000 Xtra, covering all asset classes. Some of these are based on Kobra flex sheets; others are based on Microsoft Excel spreadsheets. You can also build custom screens to suit your exact information needs. b) Selecting the item and rightclicking will give you a selection of different information types for which you can use the RIC symbol. c) When using the search facility in Microsoft Excel, the search result will be loaded directly into a cell. 14 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 2 SIMPLE WAYS OF FINDING DATA ON REUTERS 3000 XTRA version 5.1 THE ALERTS SERVICE Alerts provide details of unforeseen service interruptions affecting data, plus indications of problem resolution times. This now includes coverage of historical data. You can find the Alerts service on the page <ALERT>. Alternatively, you may register at our Customer Zone link given below to receive notifications. https://customers.reuters.com/Home/alerts.aspx For more information on changes to data and Alerts, please contact your local Thomson Reuters sales office. A full list of offices can be found on our web site. https://customers.reuters.com/kccontactus/telephone.aspx NEW DATA To ensure that you are aware of all the latest key datasets that have become available, please check the following pages regularly: <SPECIAL>, <FREETRIALS>. previous page HOME next page 15 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION 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. WHAT ARE RIC SYMBOLS AND PAGES? 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. There are two main types of code you need to know about to start with: IC symbols – these are Reuters Instrument Code • R symbols that define individual financial instruments. The code for the spot rate of the Swiss Franc is <CHF=>, and the code for Microsoft stock on NASDAQ is <MSFT.O>. RIC symbols are mapped to display templates, according to various rules based on the instrument asset class, location, and exchange, which enables Thomson Reuters to tailor the display according the set of data that needs to be displayed to the end user. previous page HOME next page • P ages – these are whole pages of information provided either by Thomson Reuters or by other contributors to the Thomson Reuters network. They can include text information or sets of different prices. For example, <CHFX> is the code for JP Morgan Chase London spot and forward rates. WHEN TO USE UPPER OR LOWER CASE Reuters 3000 Xtra allows you to enter pages or RIC symbols in either upper or lower case. There are exceptions: if a code consists of upper and lowercase letters, such as this continuation future <FLGc1> or RIC symbols that contain brokerage characters, such as <DTEGn.DE>, you need to type that syntax exactly. There is more information about brokerage characters and continuation futures in the relevant market sections of this guide. 16 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 3 THE STRUCTURE OF THOMSON REUTERS DATA REUTERS INSTRUMENT CODES (RIC) SYMBOLS IMPORTANT NOTE: Remember that RIC symbols are protected by copyright, database rights and trademarks owned by Thomson Reuters. You are only allowed to use RIC symbols in the manner and for the purposes specified in your agreement with us. If you have any questions about your rights to use RIC symbols, please contact your Thomson Reuters sales representative. The technical term RIC symbol is used to describe the set of proprietary alphanumeric codes that are the retrieval mechanism provided by Thomson Reuters to its customers as an integral part of their Thomson Reuters financial information services to identify, navigate and retrieve a structured set of related data items (known as a “logical record”) from the Thomson Reuters network. The acronym “RIC” originally stood for “Record Identification Code”. It later became known as either “Reuters Instrument Code” or “Reuters Identification Code”. The information that is displayed when you enter a RIC symbol depends on the type of instrument it defines. The display you get for a RIC symbol on a stock traded on the London Stock Exchange is different from the display you get when you enter the RIC symbol, for example, for a bond. The bond display will show maturity date, coupon, price or yield, whereas the stock display will show bid, ask and last-traded price. previous page HOME next page 17 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 3 THE STRUCTURE OF THOMSON REUTERS DATA ADVANTAGES OF RIC SYMBOLS • They have structured coding (which simplifies data manipulation). • They are clearly identifiable. hey can easily be transferred into spreadsheets, • T Thomson Reuters Graphics or the Graphics Object (RGO) in Reuters 3000 Xtra, or into Thomson Reuters Kobra for further processing. • T hey usually have a market-consistent data location and format. • R IC symbols exist in two forms, as a full quote and as a chain or tile. However, this rule does not apply to our entire RIC symbol universe. SO, WHAT IS THE DIFFERENCE BETWEEN A CHAIN AND A TILE? The main difference between them is their retrieval method. Chains require the chain key or F3 key, whereas tiles require the key. We will cover this in more detail later. All market sectors make use of either chains or tiles, but not both. The FX and money market sectors use tiles, whereas most of the other market sectors use chains. Both chains and tiles can show all constituents of an index, all delivery months of a future, European spot rates, all at-the-money strikes of an option, all world indices and so on. A chain is defined either by Thomson Reuters or by the organization that contributes the data. FULL QUOTES A full quote provides full information on the requested financial instrument, for example: A chain’s content and format and the fields displayed can only be changed by the owners of the chain within certain limitations. <EUR=> for the euro spot rate. When you have a chain or tile on display, you can doubleclick on the code for any individual instrument to view a full quote on that instrument. Equally, you can copy one or more instrument codes and paste these into a spreadsheet for further manipulation. CHAINS AND TILES A chain or tile is a code that displays a set of related instruments, such as options on a specific stock or an Index chain. With a chain or tile, you can display a whole set of instruments using a single code, for example: <0#.DJI>. previous page HOME next page 18 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 3 THE STRUCTURE OF THOMSON REUTERS DATA HOW TO DISPLAY A CHAIN There are three ways of displaying a chain: • D ouble-click on any of the chain codes displayed in brackets, such as <0#.INDEX>. (All chain codes, when displayed, can be recognized by the 0# at the beginning). • S imply type the RIC symbol code, then press the function key F3. This is your chain key. It executes chain requests and automatically inserts the prefix 0# in front of the RIC symbol. For example, enter the RIC symbol without the 0# e.g. INDEX and press the F3 key to request the code. ou can enter the full command including the 0# • Y and press, e.g. <0#.INDEX>. If you have any problems when calling up chains, make sure you have used the correct syntax. See the chapter Error messages/permissioning for further information. Here is an example display of the Italian FTSE MIB index chain: <.FTMIB> F3. previous page HOME next page 19 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 3 THE STRUCTURE OF THOMSON REUTERS DATA HOW TO DISPLAY A TILE A tile can be called up in the display application just like any ordinary page or RIC symbol, simply by typing in the tile name e.g. <EFX=>. For markets such as foreign exchange and money markets, which use a lot of tiles to show market information, it’s more intuitive than calling up a chain. For example, this is the display for European spot rates. By double-clicking on any field in the display, you will retrieve a full quote with more information. For more information on tiles, look at the MONEY speed-guide. Pages can contain text or numbers, and are mainly used for speed-guides, over-the-counter traded instruments and emerging markets. Not all pages are owned by Thomson Reuters; contributors to the Thomson Reuters network own some. Many of these are market players who want to offer their current rates or comment on the state of the market. There are also specialist data providers who offer expert analysis and market commentary. previous page HOME next page In some cases, access to these pages is restricted. Brokers, for example, will not be able to see the pages of their competitors. In such cases, it is up to the owner of the page to grant access to the user. To gain access rights to one of these pages, please contact your Thomson Reuters representative. PAGE FORMATS Some pages are larger than others: • 64 x 14 (64 characters across x 14 rows down). • 80 x 25 (80 characters across x 25 rows down). All pages are accessible the same way – just type the code and press. If you are interested in displaying your data on the Thomson Reuters network, you’ll find more information about customer-owned pages in the Contributed Data chapter of this guide. Alternatively, contact your local Thomson Reuters representative to discuss which contribution methods suit you best. 20 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 3 THE STRUCTURE OF THOMSON REUTERS DATA SPEED-GUIDES Use speed-guides to find any data item worldwide on any Thomson Reuters datafeed. These pages are provided by Thomson Reuters to give easy access to codes for different markets. You can find anything you want if you start by displaying the page <REUTERS>. This is the main speed-guide. Simply type <REUTERS> in the command line of your display application. The speed-guides are organized in a tree structure, so you can move down the hierarchy to find anything you want. The page <REUTERS> contains all top-level market pages. The next level down is either broken down into country names, which is a very popular option, or into two parts separated by /. One part is a reference to the marketplace or instrument involved and the second is a reference to the overall market sector, for example: is then displayed, and you can keep double-clicking on the codes you see displayed until you reach what you need. Alternatively, you can display a speed-guide by typing the code and pressing. FIELD IDENTIFIERS (FIDS) Field identifiers, as the name indicates, are part of the RIC symbol and enable the specific identification of a particular item of data within a particular logical data record created by Thomson Reuters. Using a RIC symbol you can retrieve the LAST or NET CHANGE for any given RIC that has this data item within its logical record. Each RIC symbol has a given set of FIDs, which reflect the fields that Thomson Reuters has for that given instrument or asset type. On a display, you will see the most relevant information about a RIC symbol. However, there are usually more FIDs available for a RIC symbol than you see on a display. <FR/DEBT>. To know more about Field Identifiers (FIDs) kindly refer to the Customer Zone link given below. To display the next level of information, just double-click on the appropriate code in the display. The page for that code https://customers.reuters.com/a/support/data/fids/ default.aspx previous page HOME next page 21 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 3 THE STRUCTURE OF THOMSON REUTERS DATA WHY DO YOU NEED TO KNOW ABOUT FIDS? You will need FIDs when using RICs in spreadsheets, and when creating your own lists of RICs and you want to look at your own set of fields. In Reuters 3000 Xtra, there is a button on the toolbar called Display All Fields , which allows you to toggle between the full quote and all available FIDs. FIELD NUMBERS Every FID has a unique field number, which you can use as an alternative to the FID. For example, the field number for “closing price” is “21”. Field numbers are the same for Reuters 3000 Xtra and the Thomson Reuters Terminal, whereas the FIDs are not. Using numbers instead of FIDs can fractionally improve the update rate of your spreadsheet. To help you with the most frequently used FIDs and field numbers per market, we have included a table at the end of most of the chapters in this book. IN BRIEF: RIC SYMBOLS AND PAGES Thomson Reuters uses RIC symbols and pages to display data. previous page HOME next page RIC symbols (Thomson Reuters Instrument Codes) are codes that provide a unique structured means of retrieving data. They can be displayed as: a) Full quotes (showing all information about one financial instrument) or b) Chains and Tiles (showing key information on several financial instruments). To call up full quotes and tiles, simply press the key. To call up chains, which can be identified by 0#, type the code without the 0# and press F3 to retrieve the chain key. Pages are used by Thomson Reuters for speed-guides, such as <REUTERS>, and by financial institutions, such as banks and brokers, to display prices or market commentary. See <CONTRIBUTIONS> and <BROKER> . Third-party data providers, who use the Thomson Reuters network to distribute specialist data or commentary, also use the pages. See <SPECIAL> for a list of all specialist data providers. 22 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 3 THE STRUCTURE OF THOMSON REUTERS DATA THE GENERAL RIC SYMBOL STRUCTURE RIC symbols are built from different elements that are used to identify different aspects of the information you want to view. RIC symbols generally include some, but not necessarily all, of the following elements: • A RIC symbol root. • Period or time intervals. • The instrument identifier. • One or more delimiters. • A source code. These elements are necessary because of the diversity of markets that Thomson Reuters covers, and to avoid possible duplication of codes. THE RIC ROOT SYMBOLS As there are often several different issues or financial instruments based around a single entity, the RIC root identifies the most basic aspect of the instrument. Examples: Equity RIC roots: The RIC root for FIAT traded in Milan (FIA.MI) is FIA. WHAT IS THE ADVANTAGE OF KNOWING ABOUT RIC ROOTS? SYMBOLS If you know the RIC root and the other elements that make up specific instrument or code types, then you can just add 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 Swiss franc future traded at LIFFE) and you know that a future chain is indicated by a colon, then you automatically know that the chain RIC symbol for that future is FES: F3. They also make your life very easy when you use data in other applications, for example spreadsheets. You can split RIC symbols into their components and therefore make efficient use of your live links in Excel. In the example below, we have split up the cross-rate GBPMYR=R into its components. So, if we wanted to change the cross-rate from Malaysian Ringgit to another currency, e.g. HKD for Hong Kong dollar, all we need to do is replace the contents of the cell D5 with HKD, and Microsoft Excel will immediately update the information. This also works well for looking at benchmarks in different countries or any other instrument. 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. previous page HOME next page 23 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 3 THE STRUCTURE OF THOMSON REUTERS DATA PERIOD OR TIME INTERVALS The delivery period is a characteristic of the transaction, as opposed to maturity or expiration, which are characteristics of the instrument. Examples of period or time intervals can be found in foreign exchange and money RIC symbols: ON (overnight), SW (Spot week), 3X6 (3 months over 6 months), 1Y (one year). Here are those periods within some RIC symbols: SEPARATOR INSTRUMENT ! Bond Issuer (chain) (Sometimes used within a dummy code for Reuters internal RICs) US=AA! F3 = Foreign exchange, money and capital markets JPY1MD= / (used as a prefix) / (used within a speed-guide name) Closing or delayed data speed-guides /.FTSE =X =S Delayed data for currencies WORLD/INDICES1 DELIMITERS Delimiters are used to separate different components of a RIC symbol. The following separators are currently used in RIC symbols: SOURCE CODES The source code is used to indicate the source of the data. It is usually the last component of a RIC symbol. The most common source codes are: EUR=X (10 min delay) EUR=S (2 min snapshot) <EURON=> <EURSW=> <JPY3X6F=> <USD1YD=> These are primarily used in foreign exchange or money market RIC symbols. For more information on period or time intervals, please see the Foreign exchange and money markets chapter of this guide. EXAMPLE CODES . Equities and equity options BP.L or BP*.L F3 * (plus market separator) Equity options (chain) BAYG*.EX F3 : Futures chains FEI: F3 ^ Expired futures (only available in Graphics or spreadsheets) YANF8^9 . Indices and statistics .GDAXI + Options on futures (chain) FSSZO+ F3 ++ At-the-money options BP*.L++ F3 or FSS++ F3 - Physical commodities SUG-RCANE-EU • Contributor code or Market Maker identifier. • Exchange identifier. CONTRIBUTOR CODE OR MARKET MAKER IDENTIFIER previous page HOME next page 24 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 3 THE STRUCTURE OF THOMSON REUTERS DATA A contributor code is used to identify any organization that contributes information to the Thomson Reuters network. The Market Maker identifier is used to identify a market maker who contributes quotes to a particular instrument. The code is unique and consists of four upper-case letters: e.g. NL009260749=DBBL This code identifies a Dutch Government bond, with the rate supplied by Deutsche Bank in London (DBBL). EXCHANGE IDENTIFIER The exchange identifier identifies the exchange where an instrument is traded. It consists of up to three upper- or lower-case letters. Exchange identifiers for cash prices can be found on page STOCL and beyond. IN BRIEF: GENERAL RIC SYMBOL STRUCTURE A RIC symbol can be constructed by simply knowing its components, which is a very effective way of working in data display applications or spreadsheet applications. Diverse market conventions and instrument types make it necessary to have different RIC symbol structures for each market. The main elements of a RIC symbol are: 1. RIC ROOT Codes like SUG, EUR, and CHF. 2. PERIOD AND TIME INTERVALS Codes like ON, SN, SW, 1M, 2M, 3M, 6M, 9M, 1Y, 2Y, 1X4, 2X5, 1X6, etc. Characters such as + =. / : ! * ^ Example: The RIC symbol <FIA.MI>, which we used earlier, consists of <FIA.MI>. The Exchange Identifier for Milan RIC Root Delimiter. 4. SOURCE CODES HOME next page TIP 2 To view news stories of all companies in an index chain, just activate the window with the chained information and then press the News key (F9). 3. DELIMITERS Identifiers for derivatives exchanges are on page RULES3. previous page TIP 1 To see a full quote from chain of data, just double-click on the item. • Contributor/Market Maker identifier. • Exchange identifier. 25 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 4 EQUITY MARKETS SPEED-GUIDES, RIC SYMBOLS AND PAGES <EQUITY> The equity speed-guide provides all codes for real-time data, news and economic data. <WORLD/INDICES1> All equity indices. <WORLD/CHAR1> All brokerage characters. <WORLD/TAS1> Index to all countries with time and sales information with explanations of the meaning of the fields in the display. <WORLD/DELAY1> List of exchanges offering delayed information, including the length of the delay. <DATA> Information on new data and codes. <BACKGROUND> A good place to find other useful speed-guides. For speed-guides that begin with <WORLD>, you can usually go straight to a specific country by using the two-character country code at the beginning. For example, <DE/INDICES1> shows all indices in Germany; <IT/CHAR1> gives you brokerage characters for Italy. FULL QUOTES FOR EQUITIES Most equity RIC symbols are based on short alphabetic codes that reflect the company name. This is followed by an identifier that indicates where the instrument is traded. previous page HOME next page For example: <MSFT.O> Microsoft Corp (NASDAQ). <ULVR.L> Unilever plc (LSE). <ADSG.DE> Adidas AG (Xetra). In all these cases, the characters before the dot are the RIC root and the characters after the dot are the exchange identifier. You can find a list of all exchange identifiers on pages <EXCHID01> to <EXCHID17>. In most cases, the RIC root is the same as the code used by the exchange. For this reason, some equity RIC symbols are numeric. Most in this category are Asian, for example: <7267.T> HONDA motor Co. (Tokyo Stock Exchange). <0941.HK> China Mobile (Hong Kong) Ltd. (Hong Kong Stock Exchange). AMERICAN CONSOLIDATED QUOTES In North America, there are consolidated quotes, where the best available rates can be taken from one of several exchanges (rather than a single exchange). For these, all you need to use is the RIC root. For example: <GM>. 26 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 4 EQUITY MARKETS EQUITY RIC SYMBOLS INCORPORATING BROKERAGE CHARACTERS Brokerage characters can be incorporated into the RIC symbols of many equity instruments. These characters usually appear as an extension to the RIC root, and are used to distinguish different types of share from ordinary shares of a security issue. They can be a combination of special characters and/or lower-case letters, and differ from country to country. You will find reference information on all brokerage characters in the speed-guide, <EQUITY> under <WORLD/ CHAR1> and <WORLD/CHAR2>. You can go directly to a specific country by using the two-character country code at the beginning, instead of <WORLD>. For Chile, for example, go to <CL/CHAR1>. BROKERAGE CHARACTER KEYBOARD FUNCTION KEY SPREADSHEET SYMBOL Units Shift F4 _u Preferred Shift F5 _p Rights Shift F6 _r Warrants Shift F7 _t When issued Shift F8 _w For example, when entering a warrant, type <AMMB_t.KL> or type <AMMB> press shift F7 then type <.KL>. Please note that brokerage characters are one of the few cases when you need to be exact in your use of upper- and lower-case characters in a RIC symbol. RIC roots must appear in capital letters, brokerage characters in lower-case letters, and the exchange identifier again in capital letters. For example: <CONG_r.SG> for rights issue of Continental BZR Warrants. There are some special function keys on the keyboard that allow you to enter the most common brokerage characters easily: previous page HOME next page 27 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 4 EQUITY MARKETS EQUITY INDICES All major equity indices always begin with a dot in front of the code. The best example is the chain that retrieves all equity indices globally: <INDEX> F3. By contrast, a chain will show the constituents of the index. For example, <.SSMI> F3 shows the constituents of the Swiss market index: 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. • Y ou can view the constituents of the index as a chain – showing the instruments that make up the index This type of display also shows the key values of the index itself. Reuters 3000 Xtra users can use the Equity Views to check for index constituents, leavers and joiners, and more. Right-click on the index RIC symbol and select Related Company Data. 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. previous page HOME next page 28 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 4 EQUITY MARKETS COMPANY NEWS Many displays give an indicator if there is a recent news item related to the instrument. This could be: • A time displayed in the News field. Double-click on the time to display all the recent news headlines. If you’re building your own screen, insert a News object, then enter the company RIC symbol on the command line. Wherever a RIC symbol is displayed in Reuters 3000 Xtra, you can right-click and select Related News. TOP NEWS This provides Reuters 3000 Xtra users with newspaper-like pages in a convenient browser format. Go to: http://topnews.session.rservices.com From here, the menu on the left will take you to specific sectors. • An asterisk symbol (*) near to a RIC symbol. Double-click on the asterisk to view the news item. previous page HOME next page 29 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 4 EQUITY MARKETS FACTIVA NEWS WATCH Factiva News Search is a research tool, which is available to all Reuters 3000 Xtra users. Use this to access news from more than 550 different publications, including The Economist, The Washington Post and The Financial Times. When building your own screens, insert the Factiva News Search object. Most news codes are the same as those for Reuters news, for example, Equity for equity news. So, <DRU AND BE> finds headlines of articles relating to pharmaceuticals in Belgium. previous page HOME next page SECOND-LEVEL (ORDER BOOK OR MARKET MAKER) CHAINS Some order-driven exchanges offer market-maker or depth-of-market information. The depth of the market can be viewed by simply typing the RIC symbol and confirming with the Chain key F3. For the order book on Vodafone, you would type <VOD.L> F3. TIP Use CTRL+L to link your NASDAQ Level 2 Summary to the Chart or Market Maker display. Then you need to double-click on a specific stock in the summary to change the other two displays. 30 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 4 EQUITY MARKETS TIME AND SALES A Time and Sales display logs all trading activity for a given exchange-traded company over the last 13 calendar days. The Time and Sales log is a snapshot, and is up-to-date at the moment it is requested. The display is not updated automatically. To update a log that is already on display, press F8. The trade details in the log are displayed in reverse chronological order: the most recent trades are listed first. The fields of information displayed for each trade are determined by the relevant stock exchange, so they differ from country to country. Begin with a specific country code to go directly to that country; for example: <CA/TAS1> for Canadian exchanges. EQUITY VIEWS Reuters 3000 Xtra users have access to Equity Views. These are web-based displays that give you easy access to a whole range of information on a company. To view these details on a company, right-click on the RIC symbol and select Related Company Data. TIP For more details about Time and Sales, see page <TAS/HELP> If you are building your own screens in Reuters 3000 Xtra, use the Intraday Viewer object to view filtered Time and Sales for a stock over a selected period. This also displays VWAP for the selected period. Right-click on empty flex screen navigate to Intraday Viewer object. For Fiat Milan, for example, type <FIA.MI> F8. Alternatively, just put a lower-case t in front of the RIC symbol and press . For example: <tFIA.MI> . See <WORLD/TAS1> for an explanation of the fields displayed for each country. previous page HOME next page The overview provides summary details of key ratios, performance, details from the company report, share details and consensus estimates. Tabs give access to detailed information on ownership, comparisons, share data and all the other topics covered by the summary. There is also a full search feature built in: this includes web links to other services, such as online company reports, corporate websites and Google search. 31 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 4 EQUITY MARKETS BACKGROUND PAGES B2 – AVAILABLE FOR ALL COMPANIES GLOBALLY WITH COMPANY ACCOUNTS COVERAGE B2 shows summary-level annual profit and loss account (income statement), and balance sheet information for the last five years, where available. It also provides a brief description of a company’s activities and offers the company’s registered address and telephone numbers, as well as its principal directors’ names. To display this page for a stock, add B2 to the end of the RIC symbol. For example: instead of typing <VOD.L> for a full quote on Vodafone, just type <VOD.LB2>. • An asterisk symbol (*) near to a RIC symbol. Double-click on the asterisk to view the news item. previous page HOME next page DELAYED EQUITIES AND INDICES If you need the price level of a share or index but don’t have access to the relevant exchange, try a delayed quote. Most exchanges offer delayed data free of charge, and delay times depend on what the exchange is prepared to make available. Check the page <WORLD/DELAY1> for delay times by exchange. TIP Reuters 3000 Xtra users can find all this background information – and more – in a more convenient format using the Equity Views. Right-click on a company’s RIC symbol and select Related Company Data. For a delayed full quote on equity data and equity indices, put a forward slash (/) in front of the RIC symbol. For example, for Peugeot traded in Paris, type </PEUP.PA>. Delayed data on index constituents works the same way: put a forward slash (/) between the chain command <0#)> and the RIC symbol (.DJI), e.g.<0#/.DJI> or type </.DJI> F3. 32 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 4 EQUITY MARKETS How to configure Reuters 3000 Xtra to have delayed data automatically switched on Within RDMC, select Custom Configuration -> Miscellaneous -> Delayed Data. Choose the Use Delayed Data checkbox to enable delayed data on your PC. Now click Execute Actions -> Configure Xtra. You may be asked to save the file. Click Yes. TIP Right-click in the displays and select Refresh to ensure that you have the most recent data from the database. 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 To enable automatic delayed data in Reuters 3000 Xtra v5.1, use the Reuters Desktop Management Console (RDMC) tool available under Reuters Administrative Tools. This tool should be available in your Start -> Programs -> Reuters Administrative Tools menu. It is recommended to ask your system administrator for assistance because you need to have admin rights to perform the changes. previous page HOME next page 33 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 4 EQUITY MARKETS FIELD NAMES FOR QUOTE LISTS If you want to set up a quote list in an Excel spreadsheet, then these are the most commonly used fields. For each field of information, you can use either the PowerPlus Pro identifier, the FID (field number) or the field identifier used by Reuters 3000 Xtra. FIELD POWERPLUS PRO IDENTIFIER FID NUMBER REUTERS 3000 XTRA IDENTIFIER RIC CODE RIC NAME -1 X_RIC_NAME Name of equity DISPLAY NAME 3 DSPLY_NAME Up/down arrow TICK: UP/DOWN 14 PRCTCK_1 News indicator NEWS 28 NEWS Last LAST 6 TRDPRC_1 Net change NET CHANGE 11 NETCHNG_1 Bid BID 22 BID Offer ASK 25 ASK Opening price OPENING PRICE 19 OPEN_PRC Official closing price HISTORIC CLOSE 21 HST_CLOSE VOLUME VOL ACCUMULATED 32 ACVOL_1 Day’s high TODAY’S HIGH 12 HIGH_1 Day’s low TODAY’S LOW 13 LOW_1 VWAP VOLUME1xPRICE1 1379 VOL_X_PRC1 Ex dividend date EX DIV DATE 39 EXDIVDATE previous page HOME next page 34 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 4 EQUITY MARKETS IN BRIEF: EQUITY MARKETS OTHER NEWS FULL QUOTES Full quotes are Reuters Instrument Codes (RIC) symbols that give you the full breadth of real-time price information, e.g. <TRI.N>. For equities, they include fields such as the last traded price, bid and offer, accumulated volume, today’s and this year’s highest and lowest prices, closing price, references to news, sectors and much more. Reuters 3000 Xtra users can view Top News in a web browser at: http://topnews.session.rservices.com For research taking in articles from more than 550 respected publications, use Global Press Watch. Codes are similar to those used in Reuters News. Most real-time exchange data and services from third-party data providers are charged separately. You should check your requirements with Thomson Reuters before you start using the system. EQUITY INDICES Index RIC symbols always begin with a dot. A full quote on an index displays all information about the index itself e.g. <.DJI>. Look up all equity indices on page: BACKGROUND DATA <WORLD/INDICES1> To view the last five years’ profit and loss figures, type B2 after the RIC symbol, e.g. <FIA.MIB2>. For the United Kingdom, Ireland, Egypt, Ghana and Turkey you also have B1 background pages, showing summarylevel interim and preliminary profit & loss figures, e.g. <VOD.LB1>. COMPANY NEWS An asterisk symbol (*) beside a RIC symbol on a display indicates that there is a recent news story on the company. Double-click on the asterisk to view the news item. Alternatively, you can type the RIC symbol and press the News function key F9 instead of . For example, <FIA.MI> F9. previous page HOME next page Index constituents are available by typing the same code, but using the chain key, for example, <.DJI> F3. Note that this code shows real-time information, so you must have access to the underlying exchange. SECOND-LEVEL (ORDER BOOK OR MARKET MAKER) CHAINS Some equity exchanges offer market maker information, for which separate permission is needed. You can view this by typing the RIC symbol and pressing the chain key F3. For example, <VOD.L> F3. Reuters 3000 Xtra users have purpose-built objects for viewing NASDAQ order books in depth. 35 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 4 EQUITY MARKETS TIME AND SALES INFORMATION Time and Sales information provides a 13-day history of trades of a company. To view this information, type the RIC symbol then press F8, e.g. <VOD.L> F8. For a description of the exact details displayed for each exchange, look at page: <WORLD/TAS1>. Reuters 3000 Xtra users can use the Intraday Viewer object for these details, including VWAP. DELAYED DATA For a delayed full quote on equity data and equity indices, put a forward slash (/) in front of the RIC symbol, e.g. </PEUP.PA>. Delayed data on index constituents can also be viewed: put a forward slash (/) between the chain command (0#) and the RIC symbol (.DJI), e.g. <0#/.DJI> or </.DJI> F3. Delayed data is offered by the exchanges on a discretionary basis. Delay times vary from exchange to exchange. Check the page <WORLD/DELAY1> for details. previous page HOME next page 36 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 5 BOND MARKETS TOOLS FOR FINDING FIXED INCOME DATA 1. Reuters 3000 Xtra Search Version 5.1 How to find: The Search button of the 3000 Xtra Browser, choose DEBT. Bond Views Search: This is the main page that appears when you open Reuters 3000 Xtra. Select the file tab and click on new page. 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. This facility enables you to search for Fixed Income instruments using different criteria. Click on icon in the Quote screen. Input the name of the bond you are looking for, then click Search. previous page HOME next page 37 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 5 BOND MARKETS This Search facility enables to search using even more detailed selection criteria and also access bonds from all our fixed income databases. From here you can also run reports for new issues, rating changes, upcoming redemptions, recent defaults, distressed debt and league table. New issue terms and conditions and links to the RIC symbols for pricing are accessible in this search first. Click on Bonds on the right hand side to drill down further. You may also right click on any Quote screen and then go to Related Bond Data. previous page HOME next page 1. Reuters 3000 Xtra lookup. Command line of Reuters 3000 Xtra. Please see chapter 2. 2. Xtra Menu. Can be found using button. Shows different analytic displays for the given bond. 38 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 5 BOND MARKETS SPEED-GUIDES, RIC SYMBOLS AND PAGES By typing Bonds or DEBT in a quote browser you will find the guide to fixed income. Market guides for any market can be found using the two-character country code for the relevant country, for example, RU/DEBT for Russia, DE/DEBT for Germany. NAVIGATING BY CHAINS You can use the following chains to navigate to the details you need. As with all chains, type either the code and press F3 (for example, CDS F3), or put 0# at the beginning of the code and press enter (for example, 0#CDS). THE GENERAL STRUCTURE OF BOND RIC SYMBOLS Fixed income RIC symbols comprise several parts. There are 3 types of fixed income RIC symbols: Super RIC symbol, Contributor RIC symbol and Exchange RIC symbol. The RIC symbol has the following components: <BONDS> F3. Country Code <TREASURY> F3. <EUROBONDS> F3. Example: <BENCHMARKS> F3. Country Code (Local code) Delimiter (=) Source Code (where applicable) DE 113536=RPRS <CONVERTIBLES> F3. <CDS> F3. previous page HOME next page 39 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 5 BOND MARKETS COUNTRY CODE The country code is the ISO 3166 two-letter code specifying the country of issue. To find out more, look at the Foreign exchange & money markets section of this guide, and simply use the first two letters of the currency code, which represents the country code, for example AT for Austria or FR for France. You can find a list of contributor codes on page TREASURYID. • E xchange codes are typically one or two characters long, F is Frankfurt, L is London etc. Example: DE113531=F. 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, BNP is for BNP in Paris, etc. Example: DE113536=BAYM (Bund 67/8 contributed by Bayerische Landesbank in Munich). previous page HOME next page In Reuters 3000 Xtra, you can right-click on a bond RIC symbol and select Related Bond Data to view reference data of the bond. 40 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 5 BOND MARKETS Super RIC symbols Super RIC symbols have the same structure as any bonds (see above), except that there is no source code at the end, for example, DE113536=. FIELD NAMES FOR QUOTE LIST If you click Display all fields icon on the RIC symbol , it will allow you to see the information for each field on the RIC symbol. 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. previous page HOME next page 41 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION 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 You can find codes for specific benchmarks in the <Benchmarks> speed-guide. Each benchmark RIC symbol has the following structure: Country Code Term to Treasury Delimiter (=) maturity Example: previous page Indicator for Reuters calculated value DE 10Y T = RR HOME next page 42 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 6 FOREIGN EXCHANGE AND MONEY MARKETS SPEED-GUIDES, RIC SYMBOLS AND PAGES <MONEY> The money speed-guide provides all codes related to the FX and money markets for real-time data, news and economic data. SPOT RATES If you know the ISO code for the currency, then you know the currency’s RIC symbol – just add the = sign at the end. <0#MONEY> Money chain provides other FX/MM instrument chains. In most cases, the spot rate for a currency is shown against the US dollar, e.g.<GBP=> shows the spot rate dollar against the British pound sterling. <FX/HELP> FAQ on enhanced spot displays. <CHF=> shows the spot rate Swiss franc against US dollar. <FXINFO> FAQ on high/low values on indicative composites and enhanced guides. The currency codes as per ISO 4217 (International Organization for Standardization) are available on the below link which is used globally and on Reuters 3000 Xtra. <DEAL/1> Reuters Dealing Dealt Rate data – <DFX=>. <DEALT1> Reuters Dealing 2000-2 – <D2FX=>. <EBS/1 EBS> Dealt Rate data – <EBSFX=>. <FUT/FX1> Foreign Exchange Futures. <FUT/IR1> Interest Rate Futures – <0#FUTURES>. <PRIME/1> Global prime and discount rates by country – <0#PRIME=>. <PEGGEDINFO> Pegged currency information – <PEGGED=>. <RTAHELP> Real-Time Analytics data speed-guides. The below link provides the calculation methodology on selected Real-Time Analytics services. https://customers.reuters.com/a/datasupport/realtime/ default.aspx previous page HOME next page * http://www.iso.org/iso/support/currency_codes_list-1.htm * Although these currencies are no longer traded especially in the case of redenomination, the RIC symbology can still be used to display historical data in Reuters Graphics or Excel. <0#EUR=> shows enhanced currency guide for the euro. Pre-defined lists of spot rates can be found on page <SPOT/1>. This also provides a list of all spot RIC symbols in alphabetic order by country. The list continues on page <SPOT/2> and beyond. Most, but not all, currencies are quoted with the US dollar as the base currency. You can see which are quoted inversely to the USD by viewing the currency background pages on <MONEY/BKGDINFO1> or tile <INVERSE=>. 43 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 6 FOREIGN EXCHANGE AND MONEY MARKETS CROSS-RATES For cross-rates, simply use the ISO code for each currency, then add the = sign at the end. The currency you specify first is always the base currency, and the second is the counter-currency. The RIC symbol <GBPCHF=> will therefore represent to you how many Swiss francs can be obtained for one pound sterling. There are two types of cross-rate: CALCULATED CROSS-RATES For currency pairs that are not generally quoted by contributors, Thomson Reuters provides calculated rates. These are calculated from the two contributed spot rates involved. The RIC Symbol for these calculated rates have =R or =REU (crosses calculated with euro as base currency in both cross currencies in the RIC symbol) at the end. For example: CONTRIBUTED CROSS-RATES Liquid cross-rates are usually contributed by financial institutions as indicative prices. <GBPCHF=R> which is calculated from the prices on <GBP=> and <CHF=> or as a tile <GBPX=> to display a list of all pound sterling calculated rates from Thomson Reuters. You can find rates for specific instruments either in pages or in RIC symbols. However, they are also available in lists by currency. For example, you can find liquid cross-rates on the British pound on the display GBPX1=. You will find that there are many more calculated rates available than contributed rates. So, if you need to find a cross-rate but you don’t know whether it is contributed or calculated, there are two ways of finding out: A list of all cross-rates can be found on page SPOT/2 and beyond, or from each currency’s individual speed-guide XXX/1 (where XXX is the ISO code for the currency). 1. G o though the speed-guide <SPOT/2> and click through until you find the base currency for the crossrate. Also refer <CROSS/1> for calculated & contributed cross rates. <CCY/1> page provides various currency displays and <CCY/2> provides different currency guides as per region of the country. previous page HOME next page 44 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 6 FOREIGN EXCHANGE AND MONEY MARKETS 2. Or, the faster option, make an intelligent guess. Type the currency code of the base currency (you can find a list of ISO codes for currencies on the link mentioned in SPOT RATES section) and add the counter-currency, followed by =R. If that doesn’t work, try the other way round. For example, <GBPMYR=R> or <MYRGBP=R>. The base currency is the currency you pay one unit for and receive the equivalent amount in the counter-currency. In the <GBPMYR=R> example, the base currencyis GBP. <0#EURGBP=> shows enhanced currency guide for the EURGBP. <0#EURGBP=R> shows enhanced currency guide for the calculated EURGBP. These display prices on the cross, daily open, high, low, previous close and weekly, monthly and yearly high and low values. DEPOSITS AND FORWARDS The codes for retrieving deposits and forwards are based on the spot codes. Insert DEPO or FWD into the RIC symbol before the =, for example: <0#FWD-ENHANCED> Forward enhanced guides for single and cross currencies. <XFXFORWARD> Calculated cross forwards. To view both forwards and deposits for a currency, insert F into the RIC symbol before the =, for example: <GBPF=> displays all deposits and forwards for the British pound. TIP Some Thomson Reuters services, especially domestic services, only allow you to see delayed spot and cross rates. The ending =X means the rate is delayed 10 minutes, =S is a 2-minute snapshot, for example <EUR=X> or <EUR=S>. There are more details in the Delayed data chapter of this guide. There are also chains that follow a similar format: <0#EURF=> (or EURF= F3) enhanced forwards guide for the euro. <0#EURD=> (or EURD= F3) enhanced deposits guide for the euro. The enhanced guides display the start and maturity dates, which are calculated from the current day till the maturity i.e. tenor on the RIC symbol. It also displays the day count which is the number of days from the current day. The outright prices on the forward enhanced guides are the outright prices calculated from the swap points (premium/ 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. previous page HOME next page 45 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 6 FOREIGN EXCHANGE AND MONEY MARKETS FORWARDS To construct a forward RIC symbol, you need the following components: calculated equivalent RIC symbol would be <RUB1MV=> which is available on the forward enhanced guide <0#RUBF=>. <EUR1M=> CONTRIBUTED EURO CROSS-FORWARDS <FWD/4> provides all the contributed prices available for the euro currency pairs. Delivery period code. Enhanced guides are also available for the euro currency pairs e.g. <0#EURAUDF=>. Currency code Delimiter. Typical delivery period codes are: DEPOSITS To construct a deposit RIC symbol, you need the following components: ON Overnight 3M Three month. TN Tomorrow next 6M Six month. The same delivery periods apply as to forwards. Deposit RIC symbols can be found on the <DEPO/1> speed-guide. SN Spot next 9M Nine month. SW Spot week 1Y One year. <0#DEPO-IMPLIED> and <DEPO/4>-5 provides all the implied deposits for various currencies available on Reuters 3000 Xtra. 1M One month 2Y Two year. 2M Two month. OUTRIGHT FORWARDS Forwards are usually quoted as forward points (incremental values that need to be added to the spot price in order to achieve the outright forward price). If you want a forward quote as an ‘outright’ price, insert OR into the RIC symbol in front of the =; for example, <RUB1MOR=>. This will be available if there are more than 3 contributors quoting prices for the currency and tenor. The Thomson Reuters previous page HOME TIP If you can’t find any forwards for a particular currency then it may be because the market you are looking at tends to deal more in non-deliverable forwards. Try looking on the speed guide <NDF/1> instead of <FWD/1>. next page https://customers.reuters.com/a/datasupport/Realtime/ Implied_Deposit.aspx 46 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 6 FOREIGN EXCHANGE AND MONEY MARKETS FORWARD RATE AGREEMENTS (FRAs) Forward rate agreements are built in the following way: * The first period refers to the starting month from today, the second period refers to the expiry from today, e.g. 3x6 (meaning the contract starts in three months and runs for three months). FRA/1 lists the full range of available FRAs. <EUR1MD=> HOW THE ZERO CURVE IS CONSTRUCTED The below link provides the calculation methodology for swap derived zero curves: https://customers.reuters.com/a/datasupport/Realtime/ swapderived.aspx VOLATILITIES <VOLSURF> FX Cross ATM Volatilities and for logical records refer <VOLSURF=>. Delivery period code Deposit. Currency code Delimiter. <XVOLSURF> FX Cross ATM Volatilities calculated using base currency ATM Volatilities available on <VOLSURF> and calculated correlation coefficient. <EUR3x6F=> Calculation methodology for volatility surfaces can be found on the following link: Period code* FRA. Currency code Delimiter. https://customers.reuters.com/a/datasupport/realtime/ VolatilitySurfaces.aspx SWAPS <SWAP/1> is the index page for interest rate swaps. Different types of swaps are listed on the index page along with the exact page where data available. FOREIGN EXCHANGE VOLATILITIES Contributed OTC FX option volatilities OPS/FX1 to OPS/FX3. Risk reversal OPS/FX3. Implied volatility of currency options traded on <PHVM>. ZERO CURVES <SWAPSZERO> provides all the details about swap-derived zero curves. INTEREST RATE VOLATILITIES Caps and floors IRGS/1. To see all zero coupon yield curves: <ZERO/1>. Swaptions SWAPTION/1. previous page HOME next page 47 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 6 FOREIGN EXCHANGE AND MONEY MARKETS FIXINGS <FIXINGS> main speed-guide with all fixings related to inter bank and currency. EURO INTERBANK OFFERED RATES <EURIBOR=> Euribor Act/360. Thomson Reuters / EBS Spot Fixings. <FXFIX=> 11am London. <FXCLOSE=> 4pm London. ISDA Interest Rate Swap fixing ISDAFIX1 to ISDAFIX5. <EURIBOR365=> Euribor Act/365. LONDON INTERBANK OFFERED RATES. <BBALIBORS> BBA LIBOR source banks. OTHER FIXINGS Other interbank offered rates FIXINGS. Overnight fixings: <EONIA> European overnight fixing. <EONIA=> European overnight fixing. <EONIARECAP> European overnight fixing. <SONIAOSR=> W.M.B.A. GBP O/N fixing rate. <SONIA> W.M.B.A. GBP O/N fixing rate. <SONIARECAP> W.M.B.A. GBP O/N fixing rate. <USONFFE=> U.S. O/N Fed Funds Effective Rate. <WMRFWDC> WM company London closing spot rates. previous page HOME next page 48 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 6 FOREIGN EXCHANGE AND MONEY MARKETS FIELD NAMES FOR QUOTE LISTS AND POWER PLUS Pro If you want to set up a quote list in an Excel spreadsheet, then these are the most commonly used fields. For each field of information, you can use either the FID (Field Identification Number) or the field used in Reuters 3000 Xtra. Basic Fields for RIC symbol with Generic Template e.g.<EUR=> FID FIELD NAME Ripples to type length Description 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. 78 OFFCL_CODE ALPHANUMERIC 12 Unique numeric code assigned to the instrument. 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. 204 BID_LOW_1 PRICE 17 Today's highest and lowest bid prices. previous page HOME next page 49 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 6 FOREIGN EXCHANGE AND MONEY MARKETS Basic Fields for RIC symbol with Non Generic Template e.g.<EUR1MO=> FID FIELD NAME Ripples to type length Description 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. 13 LOW_1 LOW_2 PRICE 17 Today's lowest transaction value. previous page HOME next page 50 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 6 FOREIGN EXCHANGE AND MONEY MARKETS IN BRIEF: FOREIGN EXCHANGE AND MONEY MARKETS The codes for FX and money instruments are made up of very simple elements. They all begin with the internationally known SWIFT codes (such as JPY for the Japanese Yen). The other elements are equally straightforward. For instruments based on currency pairs, you simply need to begin with the SWIFT codes for each currency. For example, consider the RIC symbol: <EURJPY6M=ABNL>. First currency/SWIFT code EUR Second currency code needed for cross rates JPY Speed-guide: <MONEY> MARKET MARKET TILES SUPER RIC CONTRIBUTOR RIC SPEED GUIDE Spot rates <EFX=> <EUR=> <EUR=BARL> <SPOT/1> Asian Spots <AFX=> European Spots <EFX=> North American Spots <NFX=> Cross rates <EUR=> <EURCHF=> <EURCHF=BARL> <CROSS/1> Calculated Crosses <EURX=> Contributed Crosses <EURX1=> Forward rates <EURF=> <EUR1M=> <EUR1M=TTKL> <EURF=>, <FWD/1> Deposit rates <DM=> <EUR1MD=> <EUR1MD=TTKL> <EURDEPO=>, <DEPO/1> FRAs <TOPFRA> <EUR1X4F=> <EUR1X4F=TTKL> <FRA/1> Period 6 Delivery period indicator M Delimiter = Broker/Market Maker code ABNL So this RIC symbol gives you the six-month forward rate for the euro against the Japanese yen, contributed by ABN AMRO (ABNL). previous page HOME next page 51 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION 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. SPEED-GUIDES, RIC SYMBOLS AND PAGES You can find codes for futures data on the following pages: <FUTURES> The main speed-guide for futures. <FUTURES> F3 futures chain, easier to drill down. Alternatively, all futures are available listed by country and exchange. For example, if you’re looking for the S&P 500 future traded on Chicago Mercantile Exchange (CME): 1. From the <FUTURES> speed-guide page go to the US futures and options speed-guide page <US/FUTEX1>. 2. F rom there, go to the CME page <CME/FUTEX1> or straight to the relevant exchange if you know the threeletter exchange code, e.g. <LIF/FUTEX1> for the London International Financials Futures Exchange. FUTURES CONTRACTS RIC symbol codes for individual futures contracts incorporate indicators that tell you what the delivery month and year are. Once you know the root code, you can easily construct your own futures RIC symbols. previous page HOME next page Month (Z = December) FEIZ4 Root code (for the three-month Euribor) Year (4 = 2014) DELIVERY MONTH CODES FOR FUTURES January F February G March H April J May K June M July N August Q September U October V November X December Z 52 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 7 FUTURES DELIVERY YEARS FOR FUTURES 0 for the year 2010, 4 for the year 2014 and so on. c This stands for continuation (lower case) 1 For the first front contract Individual futures contracts will always be available on a real-time display until they officially expire. Please note that continuations RIC symbols are another instance where the code must use upper- and lower-case exactly. CONTINUATION RIC SYMBOLS The most convenient way to display futures contracts is by using continuation RIC symbols. These always display the details of the present contract, so there is no need to change the month and year code in a display every time the contract expires. The continuation RIC symbol will automatically roll over to the next one. SERIAL FUTURES CONTRACTS Some short interest rate futures settle not only in March, June, September and December, but also in odd months. For these serial futures contracts, you need to add the extra lower-case letter m after the c, for example,<FEIcm1>,<FEIcm2>. The structure for continuation RIC symbol is: This will always display the main months, even when the contracts roll over to the next one. 1. RIC symbol root code, Basis-Gap Adjusted Continuations rolling on Volume. 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 front contract and so on. To stay with our three-month Euribor example: FEI Is still the RIC symbol root for the three-month Euribor traded on LIFFE previous page HOME next page - t he continuation rolls when end of day accumulated volume on the second month contract is larger than the first, e.g. <CLcv1> through <CLcv3>. - the continuation rolls when end of day open interest on the second month contract is larger than the first, e.g. <CLcoi1> through <CLcoi3>. 53 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 7 FUTURES - the continuation rolls when end of day open interest or end of day accumulated volume is larger on the second month contract than on the first, e.g. <CLcvoi1>. KEY DATES INFORMATION Detailed data of the key dates for settlement of futures contracts is provided for commodities contracts under <EXCHANGE/DATES>. - in all three instances, the history stored for these “cv”, “coi” or “cvoi” contracts is basis-gap adjusted on each roll. FUTURES CHAINS SHOWING MARKET DEPTH Some exchanges offer the market depth for their derivatives as an additional service. FUTURES CHAINS Futures chains allow you to see all available contracts for a future in one display. Here are three simple ways of retrieving a futures chain: The way to retrieve these is by typing the current full individual contract RIC symbol then pressing the chain key. • D isplay the relevant speed-guide (for example <EUR/FUT1>), then double-click on one of the futures RIC symbols displayed in angle brackets. For example: <0#FEI:>. (Remember that anything beginning with 0# will display a chain). For long gilt futures: <FLGU0> F3 for Sep 2010. A chain displays the individual futures contract with all contract months – in this case, the three-month Euribor futures, traded on LIFFE. • T ype the chain RIC symbol of a futures contract and press the chain key F3. In this case, you do not include the standard chain indicator 0# at the beginning. For example : <FEI:>F3 . • Type the RIC symbol for the contract including the standard chain indicator 0# at the beginning, then press . For example: Or for the FTSE 100 Index <FFIZ0> F3 for Dec 2010. DELAYED FUTURES DATA You can view delayed full quotes on futures by typing a forward slash (/) in front of the RIC symbol, for example: </FEIZ4>. This is only available for contracts for specific months and expiry dates -continuation RIC symbol will not provide delayed data. You can display delayed futures in Thomson Reuters Graphics even if you have not subscribed to the relevant real-time exchange. For example, <0#FEI:>. previous page HOME next page 54 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 7 FUTURES EXPIRED FUTURES Expired futures cannot be viewed in any real-time application, but can be viewed in applications that allow you to see historical data: FIELD POWERPLUS PRO IDENTIFIER FID NUMBER REUTERS 3000 XTRA IDENTIFIER RIC CODE RIC NAME -1 X_RIC_NAME Name of future DISPLAY NAME 3 DSPLY_NAME Reuters 3000 Xtra users can use the Graphics object or the spreadsheet to view expired futures. Contract month CONTRACT MONTH 41 CONTR_MNTH Bid BID 22 BID The RIC symbol structure for this data is a small variation on the standard format. The key point is that you need to specify the decade of the expiry year (the standard format only specifies the last digit). For example: Offer ASK 25 ASK Net change NET CHANGE 11 NETCHNG_1 Today’s high TODAY’S HIGH 12 HIGH_1 Today’s low TODAY’S LOW 13 LOW_1 Opening interest OPEN INTEREST 64 OPINT_1 VOLUME VOL ACCUMULATED 32 ACVOL_1 <YANF8^9> where YAN is the root RIC symbol for the ANZ (stock) future traded at the Sydney Futures and Options Exchange (SFE). F8 indicates that it is a January contract, traded in a year with a so far unknown decade (19?8). In order to specify the exact decade, simply add a hat symbol (^) and the desired decade (9 in this case for 1998). FIELD NAMES FOR QUOTE LISTS If you want to set up a quote list in an Excel spreadsheet, then these are the most commonly used fields. For each field of information, you can use either the Power Plus Pro identifier, the FID (field number) or the field identifier used by Reuters 3000 Xtra. IN BRIEF: FUTURES The main speed-guide for futures is <FUTURES>. DISPLAYING ALL CONTRACTS FOR ONE FUTURE Most chains are based on a two- or three-character RIC root code followed by a colon. They can be entered as follows: <US:> F3 for the 30-year US treasury bond future, or <0#US:>. DISPLAYING SINGLE CONTRACTS Continuation RIC symbols automatically retrieve the present contract for a future, so you don’t need to re-enter the present month and year every time a future expires. previous page HOME next page 55 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION 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>. previous page HOME next page 56 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION 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. TOOLS FOR FINDING DATA <OPTIONS> The main speed-guide for options. <OPT/IR1> Interest rate and bond options. <OPT/FX1> xchange-traded foreign exchange E options. <OPS/FX1> ver the counter foreign exchange O options. <EQUITY/OPT1> Equity options. <OPTIONS> EQUITY OPTIONS EQUITY CASH OPTIONS CHAINS OF OPTIONS ON CASH EQUITIES Chain RIC symbols for cash equity options are made from the following components: 1. Root RIC symbol. 2. * (an asterisk). 3. . (A dot). F3 Options chain, easier to drill down. 4. Exchange identifier of the exchange where the option is traded. 5. In some cases, there can be an option chain extension (for example, ++ for at-the-money options). For example, <TRIL*.L> F3 for all Reuters options traded on LIFFE, or <GDAX*.EX++> F3 for-at-the-money DAX options traded on Eurex. previous page HOME next page 57 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 8 OPTIONS 80 OPTION EXCHANGE IDENTIFIERS These can also be found on page American Stock Exchange Options <RULES3> .A Australian Stock Exchange .AX Austrian Stock and Options Exchange .v Belgian FOX .b Boston Options Exchange (BOX) .B Chicago Board Options Exchange .W Copenhagen Stock Exchange .CO Deutsche Terminboerse .d European Options Exchange .E EUREX .EX or .d or .Z Finnish Options Exchange .h Stock Exchange of Hong Kong .HK Hong Kong Futures Exchange .HF International Securities Exchange .Y London Traded Options Market (LSE) .L MEFF Renta Variable .i Nagoya .NG Norwegian Options Exchange .n MATIF Traded Options .m Milan ISO .MI Montreal Stock & Options .M NASDAQ Options .O OPRA .U Osaka Stock Exchange .OS Pacific Stock & Options Exchange .P Paris Traded Options .p Philadelphia Options Exchange .X Sao Paolo, Bolsa de Valores .SA Stockholm Options Market .ST Swiss Options & Financial Futures Exchange .Z Tokyo Stock Exchange .T previous page HOME next page US OPTIONS TRADED ON OPRA OPRA, the Options Price Reporting Authority, reports prices on US equity, index, currency and interest rate options from the following exchanges: AMEX .A Boston .B Chicago .W ISE .Y Pacific .P Philadelphia .X NASDAQ .O 58 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 8 OPTIONS OPRA STANDARD SERVICE The OPRA Standard Service is available via Thomson Reuters real-time Integrated Data Network (IDN). This gives you: The easiest way to find NBBO debt, equity and equity index options is to use the Z# codes, which are based on RIC symbol roots. These display the chains available for that series of options, and you can then double-click on the call 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 quote shows the last trade and the best bid and offer available across all the options exchanges, along with an identifier showing which exchanges those rates are offered 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 peak times). The structure of Z# codes is: Z# Asterisk Z#IBM*.U exchange identifier – use .U to cover all the OPRA exchanges 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. previous page HOME next page 59 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION 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. The structure of Z# codes is: Z# Asterisk Z#IBM*.U exchange identifier – use .U to cover all the OPRA exchanges RIC root previous page HOME next page 60 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 8 OPTIONS For a general search, use the .U suffix. Otherwise, you can use the identifier of the primary exchange where options on that underlying instrument are traded. You can double-click on any of the codes displayed on the left-hand side to see a list of current prices for its puts or calls. MONTHLY OPTION CHAINS Thomson Reuters provides monthly option chains for Euronext-LIFFE equity and FTSE index options. For interest rate, FX and money market options, you add a + after the month and year code. For Euribor traded on LIFFE, 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 markets that the at-the-money chains are created for will be announced on the NEWDATA news codes, listed on page <DATA>. For a standard equity option the ATM chains consist of: • The at-the-money strike contracts (or closest value). • 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 throughout the day. Future month expiry code (June) <Z>. Year digit (2012) <2>. All contract expiries for the relevant strike prices are also included in the chain. Asterisk *. 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. previous page HOME next page 61 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION 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 codes for options: Dot and exchange identifier .L Two plus signs ++ CALL OPTIONS: Confirm with the F3 key F3 For example: <TRIL*.L++> F3. THE STRUCTURE OF SINGLE-OPTION CONTRACTS As we have seen, the best way of finding a specific contract is nearly always to drill down from the speed-guide or to display a chain based on the underlying instrument. Nevertheless, it is useful to be able to interpret the codes that are displayed for 86 single contracts. Underlying RIC root Month-letter for put or call Strike price VOD100L0.L previous page HOME Exchange identifier next page PUT OPTIONS: January A July G January M July S February B August H February N August T March C September I March O September U April D October J April P October V May E November K May O November W June F December L June R December X EUREX CONTRACTS An example RIC symbol would be <BMWG330dB0.EX> for the BMW Feb 2010. Strike 33 call option. Refer to <RULES5>for specific RIC symbol construction rules on Eurex. 62 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 8 OPTIONS FIELD NAMES FOR QUOTE LISTS If you want to set up a quote list in an Excel spreadsheet, then these are the most commonly used fields. For each field of information, you can use either the Power Plus Pro identifier, the FID (field number) or the field identifier used by Reuters 3000 Xtra. FINDING OPTIONS ON FUTURES There are three primary means to find relevant options on futures content: 1) The ‘all options’ chains, e.g. <0#ROOT+>: If you know the RIC symbol root of the underlying futures contract, the options on that contract can be found by: a. Adding a + to the end of the RIC root code and pressing F3. This results in a list of all the delivery months of that contract. Double-clicking on a delivery month will give a chain of all strikes for both puts and calls for that delivery month. FIELD POWERPLUS PRO IDENTIFIER FID NUMBER REUTERS 3000 XTRA IDENTIFIER RIC CODE RIC NAME -1 X_RIC_NAME Name of future DISPLAY NAME 3 DSPLY_NAME Contract month CONTRACT MONTH 41 CONTR_MNTH Bid BID 22 BID Offer ASK 25 ASK Net change NET CHANGE 11 NETCHNG_1 Today’s high TODAY’S HIGH 12 HIGH_1 Today’s low TODAY’S LOW 13 LOW_1 Opening interest OPEN INTEREST 64 OPINT_1 Volume VOL ACCUMULATED 32 ACVOL_1 b. By adding + to the end of a specific futures contract RIC symbol code and pressing F3 to reach the same end point, i.e. all strikes for both puts and calls for that delivery month. c. By drilling down via the contract details page for a given futures contract to find all related options chains. The contract details page is typically <XXX/RR>, where XXX is the three letter exchange code and RR is the RIC symbol root. previous page HOME next page 63 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 8 OPTIONS The At-The-Money (ATM) Options Chain: d. Adding “++” to the end of the futures root code and pressing F3 results in a list of all delivery months and a drill down into their ATM options, with 15 positions either side of the ATM position captured on the chain. e. Adding “++” to the end of a futures RIC symbol code and pressing F3 to reach the same end point, i.e. 15 contracts either side of the ATM position. 2) The At-The-Money (ATM) Continuation Chains: Specific subsets of the options on commodity futures have been created so as to have continuation instruments for ATM options instruments. All roots shown on <CEVOLSURF> are included within this content set. previous page HOME next page 64 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 8 OPTIONS Volatility Surface Content Volatility surfaces for key commodities contracts are listed on <CEVOLSURF>. These include: OPTIONS ON FUTURES RIC SYMBOLOGY The construction of options on futures RIC symbols is based on - Non-interpolated IV surfaces under the symbol <RVOLSURF>, where R is the futures root code. <RPDY> Where: R is the root code. P is the price, without decimal point, scaled according to standards which vary by contract and by exchange. D is the options delivery month, based on the month codes shown in the table below. Y is the last digit of the delivery year. The table of month code. - Interpolated IV surfaces under the symbol <RVOLSURF1>, where R is the futures root code. - Constant maturity/constant delta surfaces under the symbol <0#RVOLSURF>, where R is the futures root code. ATM Volatility Indices ATM volatility indices for most options on futures are available, with histories, on Thomson Reuters products. The symbol structure for these instruments is <RATMIV>, where R is the futures root code. CALL OPTIONS: PUT OPTIONS: January A July G January M July S February B August H February N August T March C September I March O September U April D October J April P October V May E November K May O November W June F December L June R December X An example RIC symbol is: <CL700C0>, which is the USD70 strike price call option for NYMEX light sweet crude oil for the March 2010 delivery month. Another example is: <C100X1>, which is the USc100 strike price put option for CBOT corn for the December 2012 delivery month. previous page HOME next page 65 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 8 OPTIONS OTC FOREIGN EXCHANGE OPTIONS Thomson Reuters carries contributions for FX options from leading market makers and brokers. Thomson Reuters also supplies in-depth calculated data providing more detail and information. The main methods of quoting are bid/ offer for at-the-money rates and as a volatility surface. ATM FX Options We receive pricing for at-the-money FX option rates from several market maker banks. Quotes are received as a bid/ offer implied volatility. We currently get contributions from banks for around 50 currency pairs. These can be found from the speed-guide <OPS/FX1>. previous page HOME next page 66 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 8 OPTIONS RIC Symbol Construction Composite displays are accessed by typing currency ISO + “VOL”. Where one currency is “USD”, this ISO is ignored to make the codes simple. For example: <EURVOL> – ATM Options run for EUR/USD. <EURJPYVOL> – ATM Options run for EUR/JPY. Individual period composite RIC symbols are found by typing currency ISO + period code + “O” + =, again the USD component is ignored. For example: <EUR1MO=> – EUR/USD 1 month ATM implied option volatility. <EURJPY1Y=> – EUR/JPY 1 year ATM implied option volatility. CONTRIBUTED SURFACES Not all trading takes place “at the money” so some of our contributors, mostly brokers, contribute the surface to show options away from 50 delta. For contributed surfaces this takes the format of ATM volatilities as before, risk reversals and butterflies. RISK REVERSALS A Risk reversal is an option strategy involving the purchase of a call and a put option. These are quoted for both 25 delta and 10 delta to show information about the volatility smile. RIC SYMBOL CONSTRUCTION 25 Delta: Currency code + period + “RR” +”=” for example <EUR1MRR=ICAP>. 10 Delta: Currency Code + period + “R10” + “=” for example <EUR1MR10=GFI>. BUTTERFLIES A butterfly is a combination options trade consisting of four options with three legs, this can be used to limit risk with limited potential profit. These are quoted for both 25 and 10 delta. previous page HOME next page 67 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION 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. previous page HOME next page 68 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 9 COMMODITIES NAVIGATION BY RIC SYMBOL CHAINS CHAIN DESCRIPTION 0#COMMOD (or COMMOD F3): The main RIC symbol chain for non-energy commodities. From this RIC symbol chain you can double-click on any of the eleven types of commodity data from futures or cash to indices or stock levels. This enables you to drill down through these chains to reach the required sector and product without needing to know a code. 0#ENERGY (or ENERGY F3): The main RIC symbol chain for energy. From this RIC symbol chain you can double-click on any of ten types of energy data from futures or cash to weather or spreads. This enables you to drill down through chains to reach the required sector and product without needing to know a code. NAVIGATION BY SPEED-GUIDES SPEED-GUIDE DESCRIPTION COMMOD The main speed-guide for commodities, containing information on base and precious metals, grains, oilseeds and livestock. While the chain navigates to logical RIC symbols (standard templates), the speed-guide also points to page displays where less standard formats are used. XXX/1 Non-energy commodity futures and options menu by market sector. Available for <GRAINS/1>, <OILSEEDS/1>, <LIVESTOCK/1>, <SOFTS/1>, <FIBRES/1>, <METALS/1>, <PRECIOUS/1>, <SHIPPING/1>, <WEATHER/1>. previous page HOME next page XXx/2 Non-energy commodity cash market prices menu by product/ alphabetical order. Identical market sector identifiers as above, e.g. <GRAINS/2>. XXX/3 Non-energy commodity specialist datasets (feeliable add-ons) by source/alphabetical order. Identical market sector identifiers to above, e.g. <GRAINS/3>. XXX/4 Non-energy commodity fundamental (supply/ demand) data by product/alphabetical order. Identical market sector identifiers to above, .e.g. <GRAINS/4>. ENERGY The main speed-guide for energy, with all codes for power, gas and oil cash prices, futures and news. While the chain navigates to logical RIC symbols (standard templates), the speed-guide also points to page displays where less-standard formats are used. XXX/1 Energy futures and options menu by market sector. Available for <CRUDES/1>, <PRODUCTS/1>, <POWER/1>, <NATGAS/1>, <COAL/1>. XXx/2 Energy cash market prices menu by product/ alphabetical order. Identical market sector identifiers as above, e.g. <CRUDES/2>. XXX/3 Energy specialist datasets (fee-liable add-ons) by source/alphabetical order. Identical market sector identifiers to above, e.g. <CRUDES/3>. XXX/4 Energy fundamental (supply/demand) data by product/alphabetical order. Identical market sector identifiers to above, .e.g. <CRUDES/4>. 69 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 9 COMMODITIES CASH INSTRUMENTS Commodities and energy RIC symbols cover a wide variety of markets, so the best way to find data on instruments is to use the RIC symbol chains and speed-guides (see previous page). The RIC symbols for cash instruments can be up to 15 alphanumeric characters long. Typically, they consist of up to three main components, separated by a delimiter: RIC root Type/Specification/Delivery Location 1 2 3 1. T he RIC symbol root is a mnemonic indicating the physical instrument. This RIC symbol root is from one to four alphanumeric characters long and will normally be the futures market commodity root, e.g. “LH” for live hogs. In some cases, energy instruments have specification details as the RIC symbol root for energy product RIC symbols. This is to avoid unnecessarily long codes. For example: <BK180-ANT> for 180 centistoke bunker fuel. 2. T ype/specification/delivery is up to eight alphanumeric characters long. The individual elements are optional, but at least one must be present. The order of precedence is: previous page HOME next page • Type. • Specification. • Delivery. ocation. This code specifies the location or the source 3. L of the physical commodity. Two-character ISO codes are used for countries, threecharacter ISO codes for cities, where applicable. All other abbreviations are standard for all RIC symbols, e.g. W for White, DLY for daily, but D for day (as in 15-day average). TIP Specification pages are available for many of the more specialist or complex cash prices. From the <COMMOD> speed-guide select <COMMSPECSA> or for energy, go to <ENERGY> speed-guide and select <ENGSPECA>. As well as the ISO regional/city codes, the following codes are also used: CODE REGION/CITY CODE REGION/CITY CAR Caribbean AMER North, South & Central America EURO European AFR Africa BE Bremen, Germany INDO Indonesia SAN Santos, Brazil PO Pontianak, Indonesia PA Palembang, Sumatra NIN North India LA Lampung, Sumatra SIN South India TP T Priok, Indonesia NE Nuwa Eliva, Sri Lanka SU Surubaya, Indonesia SUM Sumatra UP U Pandang, Indonesia JAV Java LATAM Latin America GUW Guwahati, India 70 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 9 COMMODITIES All commodity abbreviations are standard for full quotes: CODE COMMODITY PEP Pepper SUG Sugar CC Cocoa COF Coffee RUB Rubber TEA Tea 2. In the 0#COMMOD/CASH display, double-click on any of the RIC symbol chains displayed to drill down further until you reach the required individual instrument. A typical navigation could be: 1.0#COMMOD – Main commodities chain. 2.0#COMMOD/CASH – Commod physicals. 3.0#SOFTS/CASH– Softs physicals. 4.0#EUCOFFEE/CASH – European coffee. 5.0#EUCOFFEE-LDN – Coffee London. So, for example, PEP is the RIC symbol root for pepper. These RIC symbol structures are used for heavily-traded cash instruments. Lightly traded instruments may not have RIC symbols in this format. If in doubt, use the speedguides, such as <COMMODITY> or <ENERGY>, to drill down to the instrument you need. CASH COMMODITIES CHAINS Chains provide a way of navigating directly from a high level down to specific detail. You don’t need to know a RIC symbol or any other code because there is a simple description of the content at every stage. In the example below, you just need to know that you want a London cash price for coffee. 1. Type COMMOD and press F3 for the main commodities RIC symbol chain. This offers a range of choices: doubleclick on 0#COMMOD/CASH (this is the same as COMMOD/ CASH followed by F3). previous page HOME next page This then presents you with a list of quotes – just doubleclick on the desired description to see the quote displayed in standard format. A typical navigation could be: 1.0#COMMOD – Main commodities chain. 2.0#COMMOD/CASH – Commod physicals. 3.0#SOFTS/CASH– Softs physicals. 4.0#EUCOFFEE/CASH – European coffee. 5.0#EUCOFFEE-LDN – Coffee London. This then presents you with a list of quotes – just doubleclick on the desired description to see the quote displayed in standard format. 71 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 9 COMMODITIES RIC SYMBOLS FOR COMMODITY CHAINS RIC Symbol Chains usually have two parts: the commodity code and a source or type indicator. Unfortunately, the commodity RIC symbol for cash commodities chains is not always the same as the RIC symbol root code for the full quote. For example, the root code for sugar is SUG, but for a cash commodity chain, the RIC symbol code is <SUGAR> F3 or 0#SUGAR. The best way to find out is using the speed-guide COMMOD/2. The structure for the RIC symbol chain code is: Delimiter Commodity code Market or origin code SUGAR-EU F3 Further examples: <PEPPER> F3 for global pepper, <COFFEE-ARA> F3 for global Arabica coffee 1. 0#ENERGY – Main energy chain 2. 0#ENERGY/CASH – Energy physicals 3. 0#PRODUCTS/CASH – Products cash 4. 0#P-NYH – US Products New York Harbor This displays a list of quotes. Double-click on the description JET NYH Prompt. RIC SYMBOLS FOR ENERGY CASH CHAINS An example of the regional code structure is <P-HKG> F3 for cash oil products in Hong Kong. You can view lists of the available RIC symbol root codes by displaying the following chains: C-A C-E C-N P-A P-E P-N F3 Crudes, F3 Crudes, F3 Crudes, F3Products, F3 Products, F3 Products, Asia Europe North America Asia Europe North America 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. previous page HOME next page 72 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 9 COMMODITIES TYPE CODE STRUCTURE An example of the type code structure is <BRT-> F3 for cash Brent oil. The location codes used for energy contracts are: CODE LOCATION CODE LOCATION A Asia MED Mediterranean AFR Africa N US AG Arabian Gulf NVA Norfolk Virginia ARA AmsterdamRotterdam-Antwerp NWE North West Europe BKK Bangkok NYH New York Harbour CA Canada PNW Pacific Northwest E Europe SF San Francisco G3 Group 3 SIN Singapore HKG Hong Kong TWN Taiwan Kachsuing IN Inland Rhine Market TYO Tokyo (TokyoYokohama-Osaka) KOR South Korea USG US Gulf LA Los Angeles WC US West Coast MC US Mid-continent previous page HOME next page These RIC symbol structures are used for heavily-traded cash instruments. Lightly-traded instruments may not have RIC symbols in this format. If in doubt, use the speedguides (Such as <COMMODITY> F3 or <ENERGY> F3) to drill down to the instrument you need. 73 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 9 COMMODITIES MORE EXAMPLES To give you an idea about the structure and diversity of markets, we have grouped the commodities and energy markets into sub-sections. There are example codes for each: Metals METAL Main Metals speed-guide covering Base, Precious and Minor Base metals LME/INDEX Index page for the London Metal Exchange Base metals chain BASE Minor metals MINOR Minor metals chain Precious metals PREC Precious metals chain Grains GRAIN1 Grain speed-guide US hard wheat chain WHEAT-HARD-US Oilseeds CNUT-AFR CRUSHPL1 Livestock MEAT-UK HOGS Softs EUCOCOA-ICCO ASTEA-DHA Energy ENERGY ELECTRICITY Power previous page HOME next page African coconut Reuters crush profit-margin calculator London Central Markets – Smithfield Hogs Main Menu International Cocoa Org daily prices Dhaka weekly tea auction prices Energy overview General electricity overview NORDPOOL or EL/NORDIC Nordpool information and index pages NAPOWER North American power index page EUROPOWER European power index page Gas NG-GB F3 United Kingdom natural gas Oil OILOIL IPE – NYMEX futures composite display 74 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 9 COMMODITIES COMMODITES FUNDAMENTAL DATABASE (MPD) The Commodities Fundamental Database gives you historical and projected figures for key global commodities across metals, energy, emissions and (during 2010) agriculture. To view the home page for the database, go to: http://bond.views.session.rservices.com/CE/ FIELD NAMES FOR QUOTE LISTS If you want to set up a quote list in an Excel spreadsheet, then these are the most commonly used fields. For each field of information, you can use either the Power Plus Pro identifier, the FID (field number) or the field identifier used by Reuters 3000 Xtra. IN BRIEF: COMMODITIES AND ENERGY MARKETS There are many different types of code for these markets – one way of checking how RIC symbols are constructed for a particular sector is to check the examples section (above). For cash instruments, the structure is normally: RIC symbol root | Type/Specification/Delivery | Location For example: <WHEAT-HARD-US>+F3 US hard wheat chain. The best way of finding the RIC symbol is through the speed-guides or chains. For speed-guides, start at either <COMMOD> or <ENERGY>. For chains, start at either <COMMOD> F3 or <ENERGY> F3. FIELD POWERPLUS PRO INDENTIFIER FID NUMBER LOCATION Product Name DISPLAY NAME 3 DSPLY_NAME Bid BID 22 BID Offer ASK 25 ASK Today’s High TODAY’S HIGH 12 HIGH_1 Today’s Low TODAY’S LOW 13 LOW_1 Volume VOL ACCUMULATED 21 ACVOL_1 previous page HOME next page The commodities and energy futures and options follow the generic futures and options structure in the futures and options chapters. 75 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION 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 If you have access to the equity service, but have not subscribed to a particular exchange, you can still view a delayed full quote on an instrument on that exchange. All you need to do is to put a forward slash (/) in front of the RIC symbol. For example, type </VOD.L> instead of <VOD.L>. CLOSING RUNS The closing run is a housekeeping exercise performed by Thomson Reuters that prepares the display template for the next trading session. To see when the closing runs are performed, see page <CLOSE/RUN1>. DELAYED CHAINS Chains work the same way. Just put a forward slash in front of the code: </.GDAXI> F3 for the German DAX index or <0#/.GDAXI>. previous page HOME next page Note that if you use the 0# format, the forward slash goes after the 0#. Please remember that delayed chains are available for most futures and equity indices, but not for all. DELAYED FOREIGN EXCHANGE QUOTES There is also delayed data for the foreign exchange markets. In FX, there are two different types of delay: Two minutes, which is called a snapshot and is expressed by the letter S, and ten minutes, which is expressed by using the letter X. Example RIC symbols for these delays are: <EUR=X> (ten-minute delay) <EUR=S> (two-minute delay) You can find a complete list of delayed FX quotes in the cross-market package as described below. 76 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION 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 of charge. If you have subscribed to only one asset class service, this gives you useful indicators of the state of other markets. You can find out more details on the page: TIP Delayed quotes can also be displayed in a graph. Just treat the delayed RIC symbol as if it were a 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. previous page HOME next page 77 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION 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. previous page HOME next page 78 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 11 CONTRIBUTED DATA RIC SYMBOLS AND FIDS RIC symbols (also known as logical records) are now the preferred format for publishing information on Thomson Reuters. Each RIC symbol has a set of fields that hold specific items of information about a single financial instrument (bid/ask/high/low etc.). These are also referred to as FIDs (field identifiers) because each field has a unique numeric identifier. Example full quote contributed RIC symbol: <EUR=BARL>. When you request a full quote on a RIC symbol, the key information for the instrument is displayed, for example: bid, ask, contributor, location, time, date etc. Thomson Reuters uses a display template to control this display. It is important to realize that a RIC symbol contains many more FIDs than are shown in the full quote. These are defined by the record template. Reuters 3000 Xtra users can use the display all fields button to toggle between the display template and the record template, to find out what fields are contained in a record template and available for a specific RIC symbol. previous page HOME next page 79 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 11 CONTRIBUTED DATA In summary, Thomson Reuters has thousands of different fields (FIDs) to cover the whole breadth of every market requirement. For a specific RIC symbol, only some of those fields are relevant. It is the record template that dictates which ones are relevant. The fields for a cash instrument, for example, will be different from those required for a future. Therefore, the cash and futures RIC symbols have different record templates. In turn, the display template defines the fields that are displayed when you view a full quote. These are always the most important fields from the record template. Chains and tiles are available to retrieve multiple instruments in a single display, e.g. SPOT=BARL is a tile where EUR=BARL and other FX spots from the same contributor are displayed in one screen. previous page HOME next page 80 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 11 CONTRIBUTED DATA THE ADVANTAGES OF CONTRIBUTING TO RIC SYMBOLS If you wish to be a contributor, RIC symbols have significant advantages over page-based items. The following table summarizes the relative merits: LOGICAL CONTRIBUTION (RIC SYMBOLS) PAGE CONTRIBUTION 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. Predictable format (bid/ask etc.) Content limited by size of page 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) e.g. EUR= Page content is not archived Use of color improves readability Monochrome only Chains and tiles available to retrieve multiple instruments in a single display e.g. 0#GBTSY= The five latest dealing codes DLG_CODE1 being the most recent. 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. Tick Indicators Today's lowest transaction value. RIC symbol name specifies instrument Single instrument per record previous page HOME next page 81 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 11 CONTRIBUTED DATA RESTRICTED DATA SETS (RDS) The vast majority of contributed data is made available to all Thomson Reuters clients subscribing to the relevant Thomson Reuters service. For example, a contributor page that is classified to hold foreign exchange (FX) information will be available to all Thomson Reuters clients subscribing to a Thomson Reuters service containing FX information. This is known as unrestricted or public data. Some contributed pages may have restricted access to protect the publishers of the data from their competitors. Brokers, for example, will restrict competing brokers from viewing their contributed pages on Reuters 3000 Xtra. Restricted Data Sets (RDS) control who can and who cannot view their contributed data. Contributors use the data sets to restrict access. The options are described below. • P ublic Restricted. Public restricted data is released to all subscribers to the relevant service, except those specified by the contributor. A public RDS is typically used in cases where a contributor requires a wide audience for the data, with certain key exclusions. • P rivate Restricted. Private data is released only to those Thomson Reuters subscribers specified by the 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. previous page HOME next page WHAT DO I DO WHEN I CAN’T SEE A RIC SYMBOL OR PAGE THAT I THINK I SHOULD BE ABLE TO VIEW? Access is usually granted per billing address. If you’ve changed your office location or billing address, it can affect your access to some restricted data sets. Contact the Thomson Reuters Help Desk or your Thomson Reuters account administrator. We can tell you whether you are still entitled to see that information or not. You may need to contact the owner of the restricted data set to obtain permission to see that data again. SUPER RIC SYMBOLS Some contributed prices on pages or RIC symbols can also appear on Super RIC symbols. A Super RIC symbol displays a single issue with the three latest contributed prices available. These prices may be sourced from a single contributor or from three different ones. The example below shows two Super RIC symbols. On top is <EUR=>. The last three rates are shown, plus the identifier of the most recent contributor (Barclays). The lower part of the display shows a German Bund <DE113514=>. In this case, much greater depth of data is shown, but note the three latest prices and contributors near the top of the display. 82 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 11 CONTRIBUTED DATA The recommended method is to contribute price information directly to logical records. The Super RIC symbol updates are triggered automatically by updates from the contributed RIC symbol, as long as the updates meet the relevant tolerance requirements. (This ensures that clearly incorrect updates are not passed through automatically and also maintains the integrity of the composite display). inserts the information into a RIC symbol or Super RIC symbol. Because logicisation depends on knowing the precise location and format of each piece of data on the contributed page, you have to notify Thomson Reuters in advance if you want to make any changes to the format of that page. CONTRIBUTED PAGES 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 previous page HOME next page 83 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 11 CONTRIBUTED DATA The top row of each page is owned by Thomson Reuters. It usually contains a date and time stamp (reflecting the time of the most recent insert), together with the name and subscriber number of the page owner. The rest belongs entirely to the contributor. UPDATING YOUR PAGES AND RIC SYMBOLS As a contributor, you’ll find that the RIC symbol and pages can be updated with minimal effort, either manually (simply by typing the updated quote), or automatically using spreadsheets. Your Thomson Reuters account manager or contributions relationship manager will be able to advise you on the most appropriate contribution method for your requirements. There are several different applications that enable you to control your contributions and make your updates. The main ones are introduced below. INSERTLINK Insertlink enables users to contribute prices and text data to pages and RIC symbols to the Thomson Reuters IDN network and to third parties. Tailored displays and automated manual contributions can be set up to suit your convenience, allowing you to contribute with just a few mouse clicks. It can be installed on a range of platforms and your Thomson Reuters representative will advise you on the details for specific versions. previous page HOME next page REUTERS SPREADSHEET PUBLISHER (RSP) This is an add-in to Microsoft Excel, enabling you to contribute directly to Thomson Reuters and to third parties. It is ideally suited to RIC symbol-based contribution. By using simple Microsoft Excel wizards, Thomson Reuters contribution functions can be created, enabling you to send updates on a manual, automatic or timed basis, providing you with feedback and error messages for all the inserts that you have sent. MARKETLINK-IP (MLIP) This is for server-based contributions. It is a datafeed that provides a gateway into Thomson Reuters, enabling client systems to insert real-time updates from multiple desktops or pricing engines. It can support both page-based and RIC symbol contributions. ConteX MCS This is for server-based contributions. ConteX MCS is a high-performance, low-latency, fault-tolerant multi-contribution system, which takes data from a range of sources (including pricing engines and market data platforms), transforms it into appropriate formats and protocols, and publishes it to multiple external destinations. ConteX is also used for distributing and sharing market data between systems and desktops internally. 84 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 11 CONTRIBUTED DATA IN BRIEF: CONTRIBUTED DATA Thomson Reuters customers can publish their own rates using RIC symbols (otherwise known as logical records) or pages. Contributors are contractually obliged to ensure the quality and accuracy of the information they publish. Data can be contributed in public, public-restricted or private-restricted format: • P ublic (Unrestricted) – any customer with access to the service can see it. • Public Restricted – everyone except a particular user group defined by the owner of the contributions can see that page. • Private Restricted – only a group of pre-defined customers can see the information. Logicisation is the process of transforming page-based information into record-based information. previous page HOME next page 85 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION 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. previous page HOME next page 86 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 12 NEWS HOW TO SEARCH FOR NEWS In Reuters 3000 Xtra, there are three ways of retrieving news: • Press F9 to open a news browser, enter news code(s), keyword(s) or RIC symbol(s) and press If you are building your own screen, double-click in an empty frame and select News. Then type the code(s), keyword(s) or RIC symbol(s) and press In a pre-built screen, either select from the menu or enter your own news code(s), keyword(s) or RIC symbol(s), when the headline snap appears right click and drill down to segments available. previous page HOME next page 87 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 12 NEWS NEWS SPEED-GUIDES On Reuters 3000 Xtra, click in a quote frame or press F4 for a quote browser. Then type the code for the speed-guide and press CODE CONTENT NEWS Reuters news speed-guide Guide to all equities news DEBT/NEWS1 Guide to all fixed-income news MONEY/NEWS1 Guide to all money news COMMOD/NEWS1 Guide to all commodities news ENERGY/NEWS1 Guide to all energy news IND/DIARY (this is a news code not a speed-guide reference) Guide to all Reuters diaries IND/NEWS1 Guide to all sector news codes IPO/NEWS1 Guide to all news on IPOs G7DIARY1 G7 economic indicator data diary EUROLAND01 Guide to euroland economic data EMRGDIARY01 Emerging markets economic data diary POLL1 Guide to Reuters polling information, including asset allocation surveys and forex and interest-rate forecasts PMI/1 Reuters purchasing managers indices THIRDPARTY/NEWS1 Guide to all third-party news HOME CODES ECI EQUITY/NEWS1 previous page Reuters news codes offer a fast and accurate means of finding news: they are designed to be logical and easy to remember. next page for news about economic indicators. EMRG for news about emerging markets. PL for news relating to Poland. You can find the codes you need using Thomson Reuters speed-guides: • In Reuters 3000 Xtra, type NEWS in a Quote object and press Alternatively, you can view a list of all news codes: • In Reuters 3000 Xtra, use the News Expression Builder (click on icon on the New Browser tool bar or available from the toolbar and right-click menu). 88 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION 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. In the News Expression Builder, codes are divided in to three: product codes, topic codes (combined in the Subject tab) and Named Item codes (listed in the Report tab). Product codes like UKI define the markets at which the story is aimed, Topic codes like GB define what the story is about and Named item codes, like .L, are for stories which are basically always about the same thing but change over time. previous page HOME next page 89 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 12 NEWS HOW TO CUSTOMIZE YOUR NEWS SEARCH You can combine codes, RIC symbols and keywords to make your search as specific as required. To narrow your search, type more than one code or keyword and join them together with either a hyphen or the word AND: The Washington Post and The Economist. When building your own screens, insert the Global Press Watch object. Most news codes are the same as those for Reuters news, for example, E for Equity news. So, CEN AND EMRG finds headlines of articles relating to central banks in emerging countries. 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, previous page HOME next page 90 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 12 NEWS REUTERS NEWS ALERTS AA EQUITY NEWS Top company news in Europe REUTERS TOP NEWS STORIES TOP/EQE Top company news in the US TOP/EQU Reuters top news TOP Top company news in Asia TOP/EQA Top world and political news TOP/G Company results RES Top forex news TOP/FRX Results forecasts RESF Top equity news (Europe) TOP/EQE Mergers and acquisitions MRG Top equity news (Asia) TOP/EQA Active shares HOT Top equity news (USA) TOP/EQU New equity issues ISU-E Top emerging markets TOP/EMRG Initial public offering IPO Top fixed income TOP/DBT Corporate interviews INTERVIEW Guide to all Reuters top news TOP/ Investment/mutual funds FUND Dividends DIV Broker research alerts RCH NEWS BY KEYWORD Reuters diaries DIARY Credit ratings AAA News in detail UPDATE Derivatives DRV Instant market reaction and analysis INSTANT Stock market reports STX What the papers say PRESS Emerging markets equity news EMRG-E Who is Reuters talking to INTERVIEW Top banking and financial news TOP/FIN Reuters news advisories ADVISORY Top technology, media and telecommunications news TOP/TMT Top healthcare news TOP/HEALTH Top consumer and retailing news TOP/RETAIL Top capital goods, transportation and manufacturing news Top capital goods, transportation Top mutual fund industry news TOP/BASIC Or use any four-letter (or longer) word of your choice Top political news TOP/G Top corporate finance news TOP/DEALS previous page HOME next page 91 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 12 NEWS MONEY NEWS NEWS BY REGION All money news M European news EUROPE Top foreign exchange news TOP/FRX Western Europe WEU FX news page FXNEWS European Union EU Foreign exchange news FRX Asian news ASIA Economic indicators ECI United States US Market reaction and analysis INSTANT Nordic Countries NORD Interest rates INT Eastern Europe EEU Central banks CEN Emerging Markets EMRG European Central Bank ECB Latin America LATAM Federal Reserve FED US stocks .N International Monetary Fund IMF London stocks .L Money market MMT Tokyo stocks .T Technical analysis INSI-FRX Pan-European stocks .EU Derivatives DRV Weekly Wall St. outlook .N/O Gold and precious metals GOL Euro currency EUR European Union EU Monetary union news EMU Reuters trade strategy reports IDEA/ Latest major currency update USD/ Major currency full report FRX/ Emerging market FX report EMRG/FRX FX options report FX/OPT FX technicals TECH/FRX Today in FX and Debt markets MI/DIARY Economic events diary M/DIARY Key economic events KEY/DIARY previous page HOME next page 92 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION 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 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/ US/O Grains/oilseeds/livestock and related news GRO US credit outlook Japan debt report JP/ Top news – grains/oilseeds/livestock TOP/GRO Grains/oilseeds/livestock summary SUM/COM Oilseeds and edible oils OILS Grains GVD/EUR Loans Eurobonds report EUB/ Mortgage debt report MTG/ Swaps report (daily) previous page SWP/ HOME next page 93 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 12 NEWS COMMODITIES NEWS ENERGY NEWS Grains GRA Energy Analysis ANALYSIS-O Meals and feeds MEAL Energy diary O/DIARY Cotton and fibres COT World weather report WSC Timber, Pulp and Paper TIM Wool WOO GENERAL NEWS LIV All general news G WSC Domestic politics POL Diplomatic relations DIP Natural/man-made disasters DIS Livestock World weather report ENERGY NEWS All energy news O Elections VOTE Top energy news TOP/O Sports SPO North American power ELN Human interest ODD European power ELE Weather WEA OPEC news OPEC North Sea NSEA REUTERS POLLS AND FORECASTS Iraq news IQ-O Top polls and surveys POLL Saudi news SA-O Diary of forthcoming polls POLL/DIARY Iran news IR-O All crude oil CRU All petroleum products PROD All natural gas NGS All shipping SHP Global oil price market comment O/R US NYMEX oil futures report O/N London IPE oil futures report O/L Energy equities news ENR or ELG previous page HOME next page 94 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 12 NEWS OTHER USEFUL PAGES The following pages are also useful (view these in a Quote object in Reuters 3000Xtra): G7 economic data diary G7TODAY Euroland economic data diary EUROLAND01 Emerging market economic data diary EMRGDIARY01 Reuters Purchasing Managers Indices PMI/INDEX1 Guide to Reuters polling information, including asset allocation surveys and forex and interest rate forecasts POLL1 THIRD-PARTY NEWS SOURCES Use the following news codes for third-party-news: London stock exchange announcements RNS PR Newswire PRN Business wire BSW Euro top 300 press releases CNR For access to stories from Dow Jones Newswires, view the page DJN/NEWS1 For a guide to all third-party news services, view the page THIRDPARTY/NEWS1 Index of all change notifications affecting data CHANGES LANGUAGE CODES You can filter news so that you only see a specific language. For example, ECI-LEN displays economic indicator news in English. To see a full list of all available language codes, look at page <LANGUAGE/NEWS1>. previous page HOME next page 95 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 13 ERROR MESSAGES/ PERMISSIONING Nobody has access to all the data supplied by Thomson Reuters. Sooner or later, you’ll see one of these error messages when you try to find something. b) You are not permissioned to see the data (for datafeed customers, selective access and data not available are synonymous). Selective Access This means the code you have entered exists, but that you are not permissioned to view or retrieve it. Action Phone your local customer support or Thomson Reuters representative, who will be happy to give you the correct code or will find out why you cannot retrieve the data you requested. Action If you have requested exchange information, data from a specialist data provider source, or a Restricted Data Set, you need to notify Thomson Reuters that you want to see this data. There may be an additional charge payable if you have to subscribe to an exchange. The data may be part of a Restricted Data Set, in which case either you are no longer part of the user group and need to re-apply, or you may not be permitted to view it. Alternatively, you might not have subscribed to the correct Thomson Reuters or specialist data service. If you are trying to view a page belonging to a broker, it is most likely that the broker has set up a Restricted Data Set. Your Thomson Reuters representative will check if you are able to view the information, and will contact the broker on your behalf. Data Not Available This can have two meanings: There are many support services provided by Thomson Reuters Customer Administration. Some of the more common services include: ADDITIONS, DELETIONS AND CHANGES TO EXISTING SERVICE You can request additions, deletions and general changes to services through the Thomson Reuters Customer Administration Department. In some cases, your account team involvement may be required if the requests require additional pricing quotations or contractual terms. Thomson Reuters Customer Administration can then determine the need for additional information and handle the request through to completion. Additions to services that do not require additional contracts or pricing will generally be permissioned within 24 to 72 hours. a) The code you entered does not exist previous page HOME next page 96 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 13 ERROR MESSAGES/ PERMISSIONING EXCHANGE AND THIRD-PARTY SERVICE MANAGEMENT In addition to the standard Thomson Reuters data packages, you can add a variety of global exchange data (e.g. NYSE, CBOT) and third-party data (e.g. First Call, S&P) to your service. Customer Administration will act as the liaison for you and the providers. Thomson Reuters Customer Administration is responsible for helping you understand and manage any contractual agreements with these service providers as well as assist with any reporting requirements. DATAFEED ACCESS DECLARATIONS If you are using an open datafeed delivery mechanism that requires you to submit Access Declarations, order management specialists are the main contact point for the monthly or quarterly reporting requirements. You will be sent a Datafeed Access Declaration (DAD) on a quarterly basis that will request you to enter the number of users of each Thomson Reuters service and each exchange or thirdparty service. Our customer administration representatives collect this information and process orders to update your account and billing information. For directly billed exchanges, you still have the obligation to report your number of users to their own website. ELECTRONIC SELF-ADMINISTRATION Thomson Reuters offers a variety of customer self-administration tools. Please see the Administration Support Section on the Customer Zone for more details on the self-administration previous page HOME next page tools: http://customers.reuters.com/Home/administration_ support.aspx Specialized Support Services There are areas of specialization within Customer Administration to deal with the specific needs of our varied customers. These special services include: • Re-vendor support – for customers that resell exchange or Thomson Reuters data and the unique contractual rules associated with this type of model. • Datafeed and exchange order management specialists – assist customers with exchange and third-party service management, including DAD submission and processing. HOURS OF OPERATION Our normal business hours of operation are: Americas: 8:00am – 6:00pm EST, Monday – Friday. Asia: 4:00am Monday to 6:00am Saturday, Bangalore Time. Europe: 8:00am – 6:00pm CEST/CET, Monday – Friday. For requests, queries and issues during normal business hours, contact our Customer Care department. For out-ofhours permissioning services, you can contact the Thomson Reuters Customer Support center to determine if the issue can be addressed immediately. If not, the Thomson Reuters Customer Support center will ensure that the issue is actioned by Customer Administration for first contact the following business day. 97 HOW TO FIND DATA ON THOMSON REUTERS QUICKLY AND EASILY: THIRD EDITION CHAPTER 14 CONTACTING THOMSON REUTERS CUSTOMER SUPPORT CONTACT US “Contact Us” is an electronic communication channel, designed to make it simpler for a customer to get in touch with Thomson Reuters Customer Support. It is available as an electronic form within our products, on the Customer Zone and as a standalone form online. HELP DESK NUMBERS For immediate assistance with technical or data and functionality queries, please contact the Thomson Reuters Customer Support via telephone. For a full listing of product support phone numbers, please visit the Customer Zone: ACCESSING THE “CONTACT US” FORM There are three ways of accessing the “Contact Us” form: https://customers.reuters.com/kccontactus/telephone.aspx Check the page <PHONE/HELP> for latest details. • From the Product: Under the Product Support section there is a link for Online Support. When you click on that link, the “Contact Us” form will appear on top of your product • From the Customer Zone • From the “Contact Us” standalone form using the following URL: https://customers.reuters.com/sc/ContactUs/Simple/ trDefault.aspx © Thomson Reuters 2010. All rights reserved. 48002043. previous page HOME 98