R&A is an information and analytics service providing real-time and historical data, up-to-the-minute news, and search and screen and other analytical tools. In addition, R&A offers fundamental and comprehensive financial company information including corporate summaries, quarterly and annual financial statements, historical earnings, and financial ratios.
Tom Glocer, Reuters Chief Executive, said: "One of my key priorities for the Reuters Group is to make our global scale count in our favour. By transferring these 2,200 R&A users to Reuters and ultimately migrating them to BridgeStation, we will add to our existing 600,000 user base, leverage our investment in Bridge and deliver a high-quality service to Instinet users."
Doug Atkin, President and CEO of Instinet, said: "Instinet's professional clients, who have been using R&A for years to enhance their trading strategies and make informed investment decisions, will continue to receive the same high-quality service, market data information, and trading analytics."
"Looking forward, we are very excited by the benefits that this migration of R&A onto the Reuters distribution platform will provide for our clients. As a result of this collaboration, Instinet clients will be able to participate in a much broader service and still benefit from the information currently available through R&A."
