Fidessa named Trading System of the Year at FOW Awards for Asia
Singapore, 24th September 2015 – Fidessa group plc (LSE: FDSA) has won Sell-side Trading System of the Year at the FOW Awards for Asia 2015. Judged by an independent panel of industry experts from a range of disciplines across the region, these awards recognise leadership, growth and achievements in the Asian derivatives landscape.
"A truly global player with a choice of hosted or enterprise solutions, Fidessa is always a system that is in the running whenever a sell-side firm wishes to implement new technology," was one of the comments received from the awards' judging panel. Another of the judges in this category added: "Fidessa offers uniquely strong capabilities covering not only futures but options and equities, expanding its market access to TFEX (Thailand) and NSE (India) to name a few."
Fidessa has expanded its advanced execution capabilities during the past 12 months, including the addition of a Market on Close order type with fully-automated passive/aggressive slicing that releases orders intelligently into the close. Fidessa has also extended the range of synthetic order types it offers to normalise the trading experience across global markets, increased the suite of benchmark algorithms available and developed a powerful order analytics capability to meet increasing demands for execution transparency. Further expansion of its middle office functionality now includes support for inbound FIX allocations.
Justin Llewellyn-Jones, Global Head of Derivatives at Fidessa, commented: "We are very pleased to receive this award, particularly as it is an award we have won in three consecutive years. The new features, coupled with our unmatched global order handling and handover capabilities and support for futures, options, exchange-traded strategies, U.S. treasuries and cash equities, mean that Fidessa continues to be the F&O platform of choice across the Asia region."
"Our clients in Asia, including local firms and a number of global FCMs with significant operations in the region, have proven Fidessa's powerful and globally consistent workflow competencies," Llewellyn-Jones added. "We have expanded our advanced execution capabilities in south east Asia and now see a significant pipeline of business across Hong Kong, Singapore, Malaysia, Thailand and mainland China. Fidessa will continue to invest in its platform to meet the needs and requirements of Asia's regional brokers and global firms."
The award was presented at the FOW Awards for Asia Gala Dinner in Singapore on 23rd September 2015.PDF (0.06 MB)