20th May, 2008
Knight Link Added to Fidessa’s Global Connectivity Network

New York, 20th May, 2008 ? Fidessa group plc (LSE:FDSA), the leading provider of trading systems, market data and global connectivity, today announced the addition of Knight Link as a new trading venue for Fidessa users seeking off-exchange liquidity. Knight Link provides a new way to access Knight Capital Group Inc’s deep pool of liquidity, providing rapid order execution in more than 7,300 securities. Fidessa users can now send IOC orders to Knight Link, which will be executed or cancelled almost immediately.

Knight Link is designed for those looking for immediate execution, little or no market impact and liquidity in small-caps and difficult-to-trade securities. With Knight Link, Fidessa users are now exposed to even more liquidity, as Knight Capital regularly trades greater equity volume than any US exchange – 3.75 billion per day (ADV 2007). While many offerings in this space may seem to have similarities, Knight Link’s volume is an important differentiating factor. Knight Link executes approximately 100 million shares per day (March 2008).

“We are very excited to be partnering with Fidessa as this is a new stage in the evolution of Knight Link,” said Jamil Nazarali, Managing Director and Head of Broker-Dealer Electronic Trading at Knight. “With Knight Link, Fidessa users will have access to higher fulfilment rates, rapid response times and Knight’s deep pool of liquidity.”

Martin Hakker, EVP Marketing at Fidessa comments, “We are very happy to expand our relationship with Knight, and this agreement provides our customers with access to their Knight Link service further complementing the routing and smart order routing capabilities already present within Fidessa’s suite of trading solutions.”

The Fidessa product suite provides integrated trading, market data and connectivity solutions to over 22,000 users at around 520 clients around the world, and serves over 85% of global, tier-one equity brokers. The Fidessa network provides connectivity to around 1,500 buy-side institutions, 255 brokers and 92 exchanges globally.

About Knight Capital Group, Inc.
Knight Capital Group, Inc. is a leading financial services firm that provides electronic and voice access to the capital markets across multiple asset classes for buy-side, sell-side and corporate clients. In Global Markets, we provide market access and trade execution services in nearly every U.S. equity security and a large number of international securities, futures, options, foreign exchange and fixed income. In Asset Management, Knight owns a 51 percent stake in Deephaven Holdings with Deephaven Partners controlling the remaining 49 percent as of February 1, 2008. Deephaven (www.deephavenfunds.com) is a global multi-strategy alternative investment manager serving institutions and private clients. More information about Knight can be found at www.knight.com.

About Fidessa group

Fidessa group is a world-leading supplier of multi-asset trading, portfolio analysis, decision support, investment compliance, market data and global connectivity solutions for both the buy-side and sell-side globally. Available as a simple workstation or as an integrated application suite, the Fidessa and Fidessa LatentZero products are built on the clear vision of providing the richest functionality, coverage and distribution to the financial markets community.

The Fidessa suite is used by 85% of tier-one, global equity brokers providing sophisticated multi-asset trading, market data, order management and execution capabilities to all tiers of the sell-side.

The Fidessa LatentZero suite is used by the world’s largest asset management firms through to smaller specialist managers and hedge funds, and provides comprehensive portfolio analysis, real-time P&L, what-if analysis, investment compliance, order and execution management, and post trade processing tools, across all asset classes, to all tiers of the buy-side.

Fidessa’s global network carries over 130 million messages a month covering DMA, Care and Algorithmic orders, Indications of Interest and FIX Allocations between over 1,800 buy-sides and 310 brokers across 100 markets worldwide.

Head-quartered in London and with offices in New York, Boston, Tokyo, Hong Kong, Paris, Toronto and San Francisco, Fidessa group serves 22,000 users across 600 clients globally. Fidessa group was founded in 1981, has revenues of around US$350m, employs over 1,200 people and has been fully listed (LSE:FDSA) since 1997.

For further information, please contact:

Marc Weinstein
Spring, O'Brien & Co for Fidessa
(212) 520-7100, ext. 216
marcw@spring-obrien.com

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