Thomson Reuters Launches 2pm WM/Reuters FX Benchmark For Corporates Valuing Cross-Border Transactions - Calculated On Available Primary Market Data, WM/Reuters Provides An Accurate And Robust FX Rate That Aligns With IOSCO Principles For Financial Benchmarks

Thomson Reuters today launches the WM/Reuters 2pm CET benchmark, a new FX benchmark service designed for corporates looking to value, hedge and settle cross-border transactions. The Thomson Reuters 2pm CET benchmark offers a reliable, transaction-oriented alternative to the European Central Bank (ECB) 2:15pm CET reference rates.