Fidessa best sell-side trading platform in Asian Banker awards

Hong Kong, 20th April, 2010 - Fidessa group plc (LSE: FDSA), provider of award-winning trading, market data and global connectivity solutions for the buy-side and sell-side, has been named the best sell-side trading platform in the Asian Banker Markets and Exchanges awards 2010. The Markets and Exchanges award section was launched this year to identify the foremost technologies leading innovation in electronic trading throughout Asia Pacific.

Jean-Pierre Baron, Managing Director of Fidessa in Asia Pacific said: "Our philosophy has always been to focus on creating products that fulfil business-critical roles for our clients, enabling them to concentrate on their core areas of expertise. These awards reflect the feedback we have received right across our client base, recognising the strength and innovation of our solutions, and also the value that Fidessa continues to provide to their customers."

The Fidessa sell-side trading platform delivers sophisticated trading, market data and connectivity solutions to over 130 global markets and more than 2,400 buy-side firms. Its advanced trading tools include pairs trading, list management and wave trading tools along with BlueBox, our fully integrated algorithmic trading engine.

Baron continued: "Electronic trading is now an integral part of the landscape in Asia, and for organisations to take advantage of the current opportunities, it's important to have the right technology platform in place to stay ahead of the changing regulations as well as manage connectivity to new venues and updated exchange gateways.

It's a great boost to win awards like this, but we're always looking ahead to the next development. We have leveraged Fidessa's global experience and used that to integrate the BlueBox algorithmic engine into our hosted trading platform and have also recently unveiled our gateway to the new high-speed interface of the Korean Exchange."

Fidessa's hosted solution comprises specialist trading platforms developed for the US, Canadian, European, Japanese and Asian markets, including electronic order management, smart order routing, real-time market data, middle office capabilities, position keeping, risk management and compliance in a single system. Advanced trading tools are fully integrated with the OMS including: PAIRS and program trading and Fidessa BlueBox for algorithmic trading. The integration of such rich functionality enables ticketless transactions and significantly improves trading workflow and cost efficiencies.

The award ceremony was held in Singapore on 19 April 2010 at The Asian Banker Summit, which is the foremost annual meeting for decision makers in the financial services industry in the Asia Pacific region.

PDF (0.02 MB)