Fidessa adds global trading service to US hosted platform

New York, 13th October 2008 - Fidessa group plc (LSE:FDSA) the world leading provider of trading systems, market data and global connectivity, today announced that it has launched a fully integrated international trading service for the non-member trading of equity instruments listed on international exchanges. This service is available immediately through Fidessa's hosted trading platform in the US.

The new service provides US traders with a global platform from which they can now access markets throughout Canada, Europe and Latin America, in addition to member trading access for US markets. The service supports orders in each market's local currencies, and tracks positions in international stocks with a real-time valuation of P&L in US dollars and the native currency.

The global trading service is fully integrated with Fidessa's award-winning US hosted trading platform, so traders have a consolidated view of both their international and domestic orders and positions. Traders also benefit from Fidessa's network of global ticker plants that provide low-latency market prices direct from the trading venues, together with news, fundamentals, charts and analysis.

David Polen SVP of product marketing comments, "This new service leverages Fidessa's continued global investment - including an understanding of multiple currencies, dually listed stocks and ticker plants. We are excited to offer this unique trading service to the brokerage community and already have a number of brokers live using it for both their international and domestic trading. We will have over 80 international markets available by the end of the year."

Users of the global trading service leverage Fidessa's extensive global connectivity network to electronically route order flow to receiving brokers who have member access to international exchanges. Fidessa's network connects to more than 310 brokers, 1,800 buy-sides and 100 venues worldwide.

The Fidessa US hosted trading platform delivers seamless straight-through processing from order inception to trade confirmation and can be dynamically scaled to meet the unique needs of customers on a case-by-case basis. Advanced trading tools that are fully integrated within the Fidessa OMS include: Pairs trading, List Management and Wave trading, DLA and DSA tools along with Fidessa BlueBox; Fidessa's Algorithmic Management System (AMS).

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