Fidessa launches Direct Liquidity Access (DLA) service

New York, June 20, 2007 - Fidessa group plc (LSE: FDSA) today announced the US launch of the Fidessa Global DLA service.

Built using Fidessa's latest high performance trading architecture, the DLA service provides broker sponsored direct liquidity access to all major US venues for the buy-side/hedge fund community. The Fidessa DLA service is available through direct, low-latency FIX connections or through the Fidessa Execution Management Service.

In building this service, Fidessa has leveraged both its operating precision and latest generation infrastructure to implement an industry leading high performance, low latency platform capable of meeting the highest levels of integrity demanded by the buy-side for this type of flow.

The Fidessa DLA service provides the sponsoring broker with a fully integrated compliance and client risk management suite. This allows the sponsoring broker to monitor and manage risk in real-time at a user, firm, exchange, position or cost level.

"Adding Global DLA to the Fidessa product suite provides no-touch trading in addition to our high-touch and low-touch offerings, enabling our clients a full range of trading options," said Martin Hakker, EVP of Marketing at Fidessa.

This new service further enhances the depth of products and services available from Fidessa, which also includes List Trading, Pairs Trading and Fidessa BlueBox, a fully-integrated, scalable algorithmic trading solution providing industry standard benchmark strategies along with a framework for building proprietary models.

Fidessa will be giving demonstrations of its latest products at SIFMA booth number 3400.

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