Thomson Plans To Spin Off Tradeweb

A report in Wall Street & Technology announced Thomson is going to spin off TradeWeb, the fixed income and derivatives electronic trading platform electronic trading platform into a separate company, known as TradeWebFusion. It will be owned by Thomson and a consortium of broker dealers. The articles states that  other Thomson assets that will be moved into the new company include Autex, the equity indications of interest (IOI) service; Thomson Order Routing, a global trade order routing network; as well as a TradeWeb project to create an equity execution platform.