CAPIS selects Fidessa Trading Platform

New York, 24th September 2007 - Fidessa group plc (LSE: FDSA) the leading supplier of multi-asset trading, market data and global connectivity solutions, today announced that Capital Institutional Services, Inc. (CAPIS) has selected Fidessa as its equity trading platform. CAPIS specializes in global agency trading and provides brokerage solutions specifically tailored to the institutional marketplace.

The fully hosted Fidessa trading platform offers CAPIS integrated order management, trading and rich middle-office functionality across their US operations. It replaces CAPIS's proprietary system, which was one of the first sell-side order management systems to be developed around the FIX protocol.

CAPIS will also use Fidessa's advanced trading tools that include: Fidessa BlueBox; the fully integrated, scalable algorithmic trading system that offers traders both a suite of industry acknowledged models and a comprehensive framework to design and deploy proprietary algorithms; and Fidessa List Management; capable of transacting large mixed-sided baskets while consolidating all trades and performance data in real time up to the basket level.

"This year we celebrate 30 successful years in the business and have become one of the industry's top agency-only institutional brokerages," said Kristi Wetherington, CAPIS President and CEO. "Fidessa's reliable and scalable trading solution will enable us to continue to grow our business while enhancing our ability to effectively compete in the marketplace. Most importantly, it will advance our trading technology to further complement our clients' trading needs."

Martin Hakker, EVP of Marketing, comments: "We are very excited to be working with CAPIS to enhance and extend the service they offer their customers. Our unique combination of robust, industrial strength technology coupled with our unrivaled reputation; make us an ideal partner for firms like CAPIS. We look forward to building on our partnership with CAPIS in the future."

Fidessa serves over 16,000 users at around 500 clients around the world, and serves over 85% of global, tier-one equity brokers. Fidessa's global connectivity network provides links to over 230 brokers, 1,300 buy-sides and 83 exchanges.

About Capital Institutional Services, Inc.

CAPIS is a leading U.S. institutional broker specializing in global agency trading and commission management for asset managers and plan sponsors. CAPIS has successfully developed and provided an array of brokerage solutions specifically tailored to the institutional marketplace since 1977. CAPIS is a member of the New York Stock Exchange, American Stock Exchange, the National Association of Securities Dealers, and SIPC. For more information, visit

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