04 August 2017
New York
Reporter: Drew Nicol

Thomson Reuters links with S3’s Black App

S3 Partners’s real-time short interest and securities finance analytics app, Black App, is now available on the Thomson Reuters Eikon App Studio.

The Black App offers real-time short interest, borrow and loan rates, and predictive analytics that identify trading and portfolio finance opportunities on more than 28,000 public equities, indices and exchange-traded funds (ETFs) globally.

According to S3, its app allows users to see how short selling, short covering, long selling and potential short squeezes affect portfolios and track crowded shorts for specific corporate names, ETFs, sectors and indices.

Users can also observe utilisation rates, days to cover and financing costs.

Thomson Reuters Eikon users will also gain access to S3’s Black Mid Rate, which offers the weighted mid-market financing rate for borrow and loan activity that provides indicative financing market knowledge.

Michael Chin, co-head of trading for Thomson Reuters, said: "Collaboration over our open platform is a key component to delivering a world-class trading solution on Eikon.”

“By adding S3's Black App, Eikon buy-side clients have an incredibly powerful analytical tool to leverage in their trading decisions."

Bob Sloan, managing partner of S3 Partners, added: "S3 Partners is focused on developing and delivering predictive analytics that lead to better investment outcomes for market professionals that utilise the Black App.”

“Thomson Reuters Eikon is a leading global financial platform and is an ideal partner for S3 to deliver its award-winning app."

More news
The latest news from Securities Lending Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
No further SFT regulations on the horizon, says European Commission
20 October 2017 | Paris | Reporter: Jenna Lomax
article synopsis 300 characters only so it fits to three lines. always add three periods to finish synopsis...
LEI compliance is non-negotiable, says ESMA
20 October 2017 | Paris | Reporter: Jenna Lomax
Steven Maijoor, chair of ESMA stated that there is no room for negotiation where legal entity identifiers are concerned
US appeals court dismisses US equity lending mismanagement case
20 October 2017 | Missouri | Reporter: Drew Nicol
Allegations of mismanagement of a securities lending programme brought by two US Bank pension beneficiaries was dismissed by the US Court of Appeals for the Eighth Circuit this week
Clearstream promises post-Brexit services continuity
19 October 2017 | London | Reporter: Jenna Lomax
Clearstream confirmed it will continue to offer stable custody services to its UK-based clients no matter how the Brexit negotiations evolve
EU commission lays down the law on MiFID II compliance
19 October 2017 | Brussels | Reporter: Jenna Lomax
Belgium, Malta, France, Greece, Luxembourg, Netherlands, Portugal, Spain and Sweden are among the 19 infringing member states due to face the commission’s wrath
Margin rules depress derivative contract terms, survey finds
19 October 2017 | Brussels | Reporter: Jenna Lomax
Only few changes were reported regarding credit terms and conditions with respect to non-centrally cleared OTC derivatives
AAOI and Euronav top FIS hot stocks lists
18 October 2017 | London | Reporter: Jenna Lomax
The Belgium-based operator of crude oil tankers and storage facilities, has been a regular feature on the list in the last month