"THOMSON REUTERS CALCULATED" vs "THOMSON REUTERS SNAPSHOT"?

Regarding the FX RIC's, What is the difference between "THOMSON REUTERS CALCULATED" and "THOMSON REUTERS SNAPSHOT"?

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Best Answer

  • Tim Smith
    Tim Smith LSEG
    Answer ✓

    Hi,

    The Thomson Reuters calculated is a calculation based on the two currency pairs against the USD ie CZKNOK=R is the calculation between CZKUSD and NOKUSD. We usually do this because there are not enough actual quotes in the currency pair.

    The Snapshot (=X) is a ten minute snap of a particular currency pair. Whereas the calculated will update as and when the two currencies in the pair update.