Reuters 3000 Xtra
`The faster, smarter way to
`analyse the global markets
`
`OANDA – EXHIBIT 2007
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`

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`REAL TIME
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`IMPROVED USER INTERFACE
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`HISTORICAL
`
`ALERTS
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`ANALYTICS
`
`CONTROL
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`2
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`INCREASED RANGE
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`TOP NEWS
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`INTUITIVE
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`CUSTOM BUILD
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`

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`Reuters 3000 Xtra
`The faster, smarter way to analyse the global markets.
`
`Reuters 3000 Xtra is a high-speed, high-performance
`information service for financial professionals.
`
`Designed for the most demanding users in business,
`it delivers a potent combination of real-time
`information and powerful analysis tools.
`
`Whether you need to make a split-second judgement,
`or analyse a financial instrument in depth, Reuters
`3000 Xtra equips you to make the best trading and
`investment decisions.
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`With Reuters 3000 Xtra, you can:
`
`Follow market action as it happens – award-winning real-time news
`from Reuters together with a vast range of financial data, means
`Reuters 3000 Xtra keeps you up to speed no matter which markets
`you follow
`
`Perform complex analysis easily – pre-built models make standard
`calculations easy whilst Reuters 3000 Xtra’s flexibility enables you to
`create your own analyses, whether simple or complex
`
`Research quickly and efficiently – with historical data, news, and
`powerful charting capabilities, you can build a comprehensive
`picture of an instrument or market
`
`Communicate with customers and colleagues – integrated, highly
`secure Reuters Messaging means you can exchange ideas and
`strategies with contacts across the markets
`
`Stay in touch with the markets wherever you are – Reuters 3000
`Xtra Companion enables you to follow the markets on the internet
`or your PDA
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`Award-winning real-time news from Reuters...
`
`...and supported by 550 top news sources
`
`With 2,000 reporters worldwide and a focus on business
`and finance, Reuters delivers fast and complete coverage
`of money, forex, debt and commodities and energy markets.
`In equity markets, we cover the majority of worldwide
`exchanges and combine interviews and analysis with
`extensive third-party feeds. News items and alerts are fully
`integrated with market data, allowing quick cross-
`referencing between price quotes, graphics, and news.
`
`...organised for ‘at-a-glance’ viewing...
`
`Our news is indexed and organised into intuitive displays
`linked to related news, quotes and charts so you can see at
`a glance how a market or instrument is performing.
`
`Global Press Watch brings major press sources from
`around the world to your screen to ‘round out’ your view
`of the markets.
`
`Comprehensive real-time market data
`
`Reuters leads the world in terms of the breadth of markets
`covered and the depth of detail available across all asset
`classes. From forex to fixed income to derivatives, we cover
`a vast range of market data from exchanges and contributors.
`
`With ready-made analyses...
`
`...or your own customised calculations
`
`Reuters 3000 Xtra contains 120 pre-built Xtra Market Suite
`(XMS) models providing analysis, pricing and modelling
`across FX and money markets, equities, fixed income and
`commodities and energy.
`
`Screens can be easily customised, and a library of powerful
`functions enabless data to be managed and analysed from
`within Microsoft® Excel.
`
`Track financial data trends...
`
`..and see what the press have been saying
`
`Historical data across asset classes can be exported for
`analysis or charted using our own graphics package.
`
`The press database within Reuters 3000 Xtra contains two
`years of news history so you can research companies’
`activities easily.
`
`Reuters Messaging provides highly secure,
`high-performance instant messaging integrated into
`Reuters 3000 Xtra so you can discuss markets and
`strategies or broadcast information to clients and
`colleagues.
`
`With Reuters 3000 Xtra Companion you can follow
`the markets when you’re out of the office via an
`internet-connected PC or a handheld computer.
`
`Reuters 3000 Xtra means you can act with the confidence that your
`decisions are backed up with the best information and analysis. And
`if you are in a customer-facing role, you can spot opportunities more
`easily and deliver better service to customers.
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`Equities
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`The complete equity market
`picture from research to execution
`
`Follow market action
`
`Reuters offers comprehensive news coverage of global
`equity markets with fast-breaking news on active shares,
`market reports, economic updates, research and regulatory
`releases. Additionally, commentary from 550 press sources
`helps you to build a complete view of the markets.
`
`And with real-time prices from 166 exchanges worldwide
`you can set up watchlists with summary prices on up to
`40 user-defined stock groupings. VWAP dynamic time and
`sales data helps you to get a clear view of the market.
`
`You can track upcoming events with the ‘Future Events’
`model, that covers events for G7 countries, including
`economic announcements, meetings, market holidays,
`political events, trade shows, conferences and more.
`
`CONVENIENCE
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`INCREASED RANGE
`ALERTS
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`EASY ACCESS
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`REAL TIME
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`USABILITY
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`CUSTOM BUILD
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`HISTORICAL
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`INTUITIVE
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`Market Data
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`Perform complex analysis easily
`The ‘Stock Competitors’ model allows you to easily
`compare a security to its peers using live fundamental
`and analytical data and employing the sector scheme
`of your choice.
`
`Using the ‘Equity Index Analysis’ and ‘Equity Sector
`Browser’ models, you can easily analyse the constituents
`of an index or sector based on weighting, price
`performance, earnings, dividend and risk factors.
`
`Research quickly and efficiently
`Get a full picture of a security with the ‘Equity Views’,
`which covers consensus and detailed estimates, holdings
`information, reports, sector and share comparisons, broker
`research and more...
`
`Manage portfolios and risk
`Integrated portfolio and risk management applications
`mean that Reuters 3000 Xtra can help you to manage
`portfolio risk actively, boosting your performance and
`ensuring compliance with regulatory requirements.
`
`Completing the workflow
`For equities users, Reuters 3000 Xtra now provides
`transaction capabilities within your existing workflow.
`
`Using Institutional Order Entry (IOE), users can route orders
`directly to a preferred broker or to an execution venue such
`as Instinet.
`
`Communicate with customers and colleagues
`With Reuters 3000 Xtra Messaging you can discuss markets
`and strategies with your counterparties, or broadcast
`information to clients and colleagues.
`
`World Stock Indices
`
`Equity Views
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`Fixed income
`
`Fixed-income market action,
`research, analysis and execution
`all in one place
`
`Follow market action
`
`Whether it’s a jumbo bond, a national budget or a credit
`downgrade, Reuters brings you the story as it happens.
`Our Polling Unit gives you advance notice of the news
`with forecasts on bond yields, short term interest rates,
`currencies and economic indicators.
`
`Our daily World Bonds and Emerging Markets reports –
`which include dollar, yen and euro debt – then explain
`the implications of market events.
`
`And with real-time prices from over 1,800 contributors you
`can watch market action as it unfolds.
`
`Reuters 3000 Xtra can then make clear the impact of
`the market action on the yield curves, the indices and
`your hedges.
`
`INCREASED RANGE
`
`REAL TIME
`CUSTOM BUILD
`
`INTUITIVE
`USABILITY
`
`ANALYTICS
`
`ALERTS
`
`Bond Overview
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`Perform complex analysis easily
`Reuters 3000 Xtra makes it easy to evaluate and compare
`securities. You can search by issuer name, codes or TCM
`from anywhere within the service. Real-time analytics are
`available both within price quotes and in a series of
`comprehensive, readily accessible models enabling you to
`compare and evaluate issues easily.
`
`Further displays providing credit and sector curves and
`’like for like’ analytical displays by sector, issuer and rating
`complete the picture.
`
`Research quickly and efficiently
`Reuters 3000 Xtra covers over 500,000 bonds from more
`than 100 countries. You can quickly get a full descriptive
`picture of a bond, its issuer and the credit-worthiness of
`either. This is supported by easy access to instrument-
`specific web services covering, for example, ownership
`information or the original prospectus.
`
`You can navigate from news stories to quotes from
`the bond issuer with a single click, or from quotes to
`issuer- and industry-specific news.
`
`Manage portfolios and risk
`Integrated portfolio and risk management applications
`mean that Reuters 3000 Xtra can help you to manage
`portfolio risk actively, boosting your performance and
`ensuring compliance with regulatory requirements.
`
`Click to trade
`Users can trade with counterparties directly from real-time
`price displays and other integrated access points on their
`Reuters 3000 Xtra screen. For example, authorised users
`can ‘click-to-trade’ directly on Deutsche Bank’s web
`autobahn® trading platform from real-time tradable prices
`on over 5,000 securities in 20 currencies.
`
`Communicate with customers and colleagues
`With Reuters 3000 Xtra Messaging you can discuss price
`movements and switches with your colleagues and trade
`ideas with your customers.
`
`Convertible Analysis
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`Corporate Credit
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`FX and money markets
`
`An unsurpassed view of the FX
`and money markets combined
`with custom analysis tools
`
`Follow market action
`
`Reuters gives you a commanding view of FX and money
`markets, with round-the-clock news coverage that beats the
`competition on 70% of economic and policy announcements.
`
`You can view market movements with real-time prices from
`market makers and broker sources across major currency
`and money markets. We cover 175 currencies globally and
`cover instruments from Spot, Forwards and Depos to
`Swaps, Options and other derivatives. You can also jump
`quickly to related news from links within instrument data.
`
`We offer data from over 2,000 contributors and provide
`official daily market fixings for over 50 currencies.
`
`Reuters foreign exchange data also covers:
`
`• Interest rate swaps and currency swaps
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`• Fixings e.g. ISDA,BBA
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`• FX volatilities, risk reversal and strangles
`
`ALERTS
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`CONTEXT
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`COVERAGE
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`CONVENIENCE
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`HISTORICAL
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`CONTROL
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`Data Content
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`Reuters is the only vendor to carry both Reuters matching
`and EBS executed prices on FX spot data.
`
`Reuters Treasury News also provides easy, single-key access
`to headlines relating to the instrument you are watching.
`When viewing any of the following as a single quote, part of
`a chain, or in a personal quote list, Reuters links you directly
`to the relevant news by pressing a single button: F9.
`
`• Spot rates
`
`• Cross rates
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`• Deposit rates
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`• Forwards
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`• Sovereign debt instruments
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`• Yield curves
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`Perform complex analysis
`Reuters 3000 Xtra enables you to customise your analysis of
`the market by using your own in-house prices or those of
`our contributors. The pre-built fair value calculations cover
`a broad range of scenarios from simple day counts to
`swaps and options calculations.
`
`For example, you can calculate and display swap points
`and outrights in real time for any currency or cross-currency
`pair out to 10 years plus handles broken dates and
`forward forwards.
`
`Communicate with customers and colleagues
`With Reuters 3000 Xtra Messaging you can discuss markets
`and strategies with your counterparties or broadcast
`information to clients and colleagues.
`
`G7 Economic Indicators
`
`Swap Points and Outrights
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`Commodities and Energy
`
`Market-leading coverage of
`agrimarkets, energy and metals
`together with powerful research
`and analysis
`Follow market action
`Reuters 3000 Xtra gives you comprehensive energy, metals
`and agrimarket coverage. You can view detailed real-time or
`delayed pricing from every major commodities and futures
`exchange worldwide as well as a wide range of third-party
`and contributor data and extensive FX spot and cross rates.
`
`Our specialist reporters provide timely and accurate
`commodities and energy news coverage to keep you
`informed. We deliver alerts, breaking news, and worldwide
`economic and political news to your desktop. Weather
`reports and observed, forecast and historical weather data
`for Europe and North America are available, together with
`global weather news from Reuters and Meteorlogix.
`
`Agrimarkets
`• Best available market coverage of market events
`worldwide, including market statistics and information
`from the USDA, ICO, IGC, FO Licht, Agrokhleb (SovEcon)
`and other key market organisations
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`CONVENIENCE
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`CONTROL
`
`ANALYTICS
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`ALERTS
`
`COVERAGE
`REAL TIME
`
`HISTORICAL
`
`Energy Overview
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`• Historical futures prices for both current and
`expired contracts
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`• Key physical and OTC prices to help identify trade and
`arbitrage opportunities
`
`Energy
`• Historical data for futures, spot prices and key statistics
`such as API, EIA and EUROILSTOCK to help you identify
`trading opportunities
`
`• Access to global or regional delayed energy company
`equity prices and details
`
`• View data from third party providers including Platts,
`Petroleum Argus, PH Energy and Dow Jones
`
`Metals
`• In-depth coverage from the LME
`
`• All major exchange-traded base and precious group
`metals (PGMs) futures and options instruments in real time
`
`• Extensive range of cash metals prices continuously
`collected and updated by specialist Reuters journalists
`
`• Exclusive access to Reuters Metals Production Database
`
`Perform complex analysis easily
`Reuters 3000 Xtra enables you to export Reuters data into
`an Excel environment, where you can manage and analyse
`the data with a library of powerful functions. As well as the
`ability to customise your calculations and spreadsheets we
`also provide pre-built models containing easy-to-use
`financial calculators.
`
`Research quickly and efficiently
`With Reuters 3000 Xtra you can mix Reuters information
`such as news, prices and charts with data from other
`internal and external sources to bring all the information
`you need to your fingertips.
`
`Communicate with customers and colleagues
`With Reuters 3000 Xtra Messaging you can discuss markets
`and strategies with your counterparties, or broadcast
`information to clients and colleagues.
`
`Agriculture Overview
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`Metal Overview
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`Technical information
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`REAL TIME
`
`CONTROL
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`IMPROVED USER INTERFACE
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`HISTORICAL
`
`ALERTS
`
`14
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`Reuters has many years of experience in delivering open
`desktop solutions to the trading arena: experience we have
`used in the further development of Reuters 3000 Xtra.
`
`The latest release builds on the existing open desktop.
`This already provides extensive tools for the display of
`news, prices, charts, analytics, fundamental data and time
`series. It uses Microsoft ActiveX and COM standards, and
`web technology such as XML in both the Kobra and Excel
`containers. Reuters 3000 Xtra can be fed either by the new
`Reuters Market Data System (RMDS), Triarch, TIB (via SSL
`adapter), Reuters Small Site Delivery (RSSD) or Reuters
`Workstation Server (RWS).
`
`This latest release of Reuters 3000 Xtra includes further
`enhancements to the Kobra and Excel (via PowerPlus Pro)
`containers, improved Microsoft desktop compatibility and
`more extensive use of web technology for content and
`navigation.
`
`In addition, Reuters 3000 Xtra deployment options are
`being extended with Citrix thin-client and hosted delivery.
`In the near future it is intended they will also support
`enhanced time series for small sites connecting to a
`centralised Data Backup Unit (DBU).
`
`Installation and run-time environment
`Reuters 3000 Xtra now offers more granular control over
`real-time settings at installation and improved upgrades
`via further MSI adoption including patch support. DACS
`settings are now shared between Kobra and PowerPlus Pro.
`
`Microsoft Windows compatibility
`Windows XP is now supported. See later for note on small
`site delivery.
`
`Greater compatibility with Office XP is provided by the
`integration and packaging of VBA 6.3a, which is the Office
`XP version of VBA with an additional patch from Microsoft
`for Kobra.
`
`

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`Deployed Citrix thin-client delivery
`Reuters has joined forces with Compaq Professional
`Services (part of HP) for the consulting, systems integration
`and lifecycle services in the specialist area of thin-client
`infrastructure and deployment. This will provide customers
`with a qualified and jointly supported ‘Reference Platform’.
`
`Reuters 3000 Xtra software has been qualified, tested and
`benchmarked by Reuters and Compaq Professional
`Services (part of HP) in collaboration with Citrix. According
`to Compaq, an organisation’s total cost of ownership can
`be reduced by an average of 30% by deploying Reuters
`3000 Xtra in a thin-client environment.
`
`Hosted delivery
`Reuters 3000 Xtra is now available as a hosted service.
`A lightweight, downloadable desktop application connects
`over RadianzNet or the Internet to make the full suite of
`applications available to users, including Kobra, PowerPlus
`Pro and user-created files. Access is available from
`Microsoft, UNIX, Linux and Apple client platforms and
`application maintenance is handled centrally by Reuters,
`including templates, patches and version upgrades.
`
`A note on small site delivery
`It is intended that support for the latest version over RSSD
`and on RWS without an onsite DBU will commence soon
`with the centralised DBU. This will provide smaller
`customers with Windows XP support as well as support
`for the Intraday Viewer and extended time series from
`DBU such as bond yield histories.
`
`Office XP support is extended to the Excel high macro
`security level using digital certificates for all Excel macros in
`XMS and PowerPlus Pro. This also applies to Office 2000.
`
`The dependency on MS Jet is also being removed,
`replaced by XML definitions for data dictionaries.
`
`The installation and run-time environment has been
`improved in order to follow Microsoft Windows 2000/XP
`standards for:
`
`• File locations
`
`• Storage of user data and registry settings in the user
`profile
`
`• Sharing of common run-time libraries
`
`• Kobra adoption of Windows 2000 group policies for
`restricted access to: network drives, designated Windows
`applications and file open history
`
`Historical data retrieval and login
`Historical data, for tick to yearly periods, as well as
`fundamental data and business logic are all accessed
`through the DEX Open Access interface via a single login.
`
`Display-building tools
`Powerful displays can now be built using:
`
`• Global VBA project support in Kobra
`
`• Kobra ‘right mouse click’ customisation via VBA
`
`• Toolbar and menu publishing for ActiveX controls into the
`Kobra UI frame
`
`• Fully available AdfinX functions, which are now accessible
`via a COM API to Kobra VBA, Excel VBA, VB
`applications, C++ applications
`
`• PowerPlus Pro time series assistant for sourcing of data
`via the DBU into Excel
`
`• PowerPlus Pro real-time chain assistant for retrieval of lists
`of RICs associated with a chain RIC into Excel
`
`• The Kobra Matrix and Kobra Spreadsheet VBA APIs
`
`15
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`© Reuters 2003. All rights reserved.
`Reuters, the sphere logo, Reuters 3000
`Xtra, Reuters Companion, Reuters
`Messaging, PowerPlus Pro, Kobra and
`Adfin are the trademarks or registered
`trademarks of the Reuters group of
`companies around the world.
`Microsoft Office, XP, Windows, Excel
`and Outlook are either registered
`trademarks or trademarks of Microsoft
`Corporation in the U.S. and/or other
`countries.
`13914-07.03
`
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