The alerts will allow clients to receive information before it hits the market at large. Clients can connect directly to the news feed or use the firm's proximity hosting service. Thomson says this service will be most useful to high-frequency traders in the foreign exchange (FX) and futures markets.

"Being first to act on this information can dramatically affect a firm's profit and loss," says Rich Brown, global business manager, machine readable news, Thomson Reuters. "The launch of NewsScope Direct, the market's fastest machine readable news service, into London and Chicago reflects our commitment to delivering the market moving information our clients need at the speed required by their high-performance trading strategies."