Thomson Financial says Evolution Beeson Gregory, the investment banking business of Evolution Group, has agreed to become a Retail Service Provider (RSP) on Thomson GlobalTOPIC.
RSPs provide price quotation and trading services to private client brokers. Evolution Beeson Gregory joins seven other RSPs already on Thomson GlobalTOPIC who between them offer trading in a range of UK equities, bonds and investment trusts.
“The private client brokers using Thomson GlobalTOPIC are an important and significant pool of liquidity,” says Chris Potts, head of Market Making at Evolution Beeson Gregory. “We are very pleased that we will soon be able to offer our market coverage of 600 stocks to this community through our market making division, EVO.”
Thomson GlobalTOPIC provides users with access to market data and financial news wires. The Thomson GlobalTOPIC and its RSP infrastructure will be integrated into the Thomson ONE application suite over the course of 2004.
“We are delighted that Evolution Beeson Gregory has joined the roster of RSPs connected to Thomson GlobalTOPIC, further enhancing the range of services and functionality already available to our clients,” says Jonathan Morris, International Product Director. “Evolution Beeson Gregory’s decision recognizes both the importance of Thomson Financial’s UK private client broker community and our continued commitment to this market segment.”
Evolution Beeson Gregory is the investment banking business of Evolution Group, which provides equity research, institutional sales and trading and corporate broking, together with market making through EVO.