The first phase of the new data coverage will include access to Level 1 prices across continental European equity markets, with access to US markets and Level 2 content due to follow soon after. Real-time and delayed information is both fully supported.
As part of the implementation of this new data, royalblue has developed new Ticker Plant technology to handle high-volume, real-time feeds from numerous Exchanges and other sources.
Direct Exchange links are the primary route used for key market data, with backup and secondary markets, covered by a recently extended deal with Comstock, a division of Interactive Data Corporation (NYSE: IDC) and a leading provider of real-time global market data. This deal also provides for coverage of value-added corporate actions, descriptive data and pricing fundamentals.
Simon Barnby, Business Development Manager at royalblue, commented "We have been asked by many of our existing UK Workstation customers for access to equity data from additional markets. This new data will let us extend our presence significantly in our current client-base and also target many new customers as well”.
The ability to trade these new markets through the Workstation, either directly as a member or via the growing broker network as a non-member, will be launched later in the year as the Workstation is further integrated into royalblue’s FidessaExpress transaction network.
FidessaExpress provides connectivity between buy- and sell-side institutions as well as direct trading links to Exchanges and other electronic pools of liquidity. Currently FidessaExpress connects to over 100 buy-side firms, 14 Exchanges and 18 Brokers as well as the royalblue Fidessa user-base. This integration with FidessaExpress will provide Workstation clients with unparalleled order routing and trading facilities.
Fidessa group is the leading supplier of multi-asset trading, portfolio analysis, decision support, compliance, market data and connectivity solutions for firms involved in trading the world’s financial markets. Fidessa’s products and services are built on the simple vision of making it easier to buy, sell and own financial assets of all types on a global basis.
A dynamic, growing company with a proven track record, Fidessa is recognised as the thought leader in the marketplace, with an unrivalled set of products and services which set the benchmark for this industry and, uniquely, serve both the buy-side and sell-side communities globally.
With over 28 years’ experience delivering powerful, resilient, mission-critical systems, Fidessa develops all its products itself from the ground up, investing heavily in their continual evolution. The resulting leading-edge, truly integrated solutions have established Fidessa as the industry’s number one choice, and are used by over 85% of tier-one, global financial institutions.
Headquartered in London and with regional operations across Europe, North America, Asia, and the Middle East, Fidessa supports 25,000 users across 850 clients, serving a broad spectrum of customers from major investment banks and asset managers through to specialist niche brokers and hedge funds.
Fidessa group is listed on the London Stock Exchange (symbol FDSA) and is a FTSE 250 company. Fidessa has a turnover of around £240m, has delivered 30% compound growth since its 1997 listing and now employs 1,500 people globally.