Fund-Technology.com

Fidessa adds round-the-clock trading in the US

Posted: 02 March 2009

Fidessa, a provider of trading systems, market data and global connectivity, has announced the launch of 24 hour trading for its global trading service. Fidessa's global trading service is an international trading service available within its US hosted trading platform.

The over-night trading service enables Fidessa's US users to execute orders across the following Asian markets: Hong Kong, Thailand, Korea, Indonesia, Phillippines, Malaysia, China, Taiwan, India, New Zealand, Australia, Singapore and Japan. The global trading service already supports access to Canadian, European and Latin American markets within their respective trading hours.

David Polen, SVP of product marketing at Fidessa in the US, comments, "Asia's equities markets are becoming increasingly electronic; market volumes are rising, and traders are becoming more active. In order to compete effectively on a global scale, US brokers need to provide a higher level of execution tools and services. Round-the-clock trading enables our clients to provide their clients with a global reach."

Fidessa's network connects to more than 360 brokers, 2,200 buy-sides and 115 venues worldwide.

 

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