Fidessa group

97 results about this entity

Period: 19 Jun 2006 - 18 Jan 2022

Following LSE glitch, Bats Europe calls for market outage protocol

In the wake of last month's technical glitch at the London Stock Exchange, Bats Europe is calling for a clear market outage protocol to help participants plan and ensure trading remains orderly.

Fidessa forecasts slowdown in H2 as consolidation trends hit market

Trading systems vendor Fidessa is forecasting a slowdown in growth for the second half of 2009 as consolidation trends hit smaller customers and buy-side firms.

LSE tech breakdown re-ignites calls for consolidated tape

Dealing technology vendor Fidessa has re-ignited calls for the creation of a consolidated tape for European market data pricing after an outage at the London Stock Exchange last week appeared to depress trading in affected stocks.

Fidessa spots first 'green shoots'

Trading systems outfit Fidessa is reporting "early signs of recovery in the market" in its interim management statement and is tentatively forecasting growth towards the higher end of current market forecasts for the rest of the year.

Fidessa scoops Baikal technology contract

The London Stock Exchange has partnered with trading technology house Fidessa to build the order management and smart routing technology for Baikal, the LSE's forthcoming pan-European dark pool.

Fidessa doubles throughput rates with new Intel chipset

Fidessa is reporting trading transaction throughput tests on the new Intel Xeon 5500 chipset running twice as fast as on current industry standard kit, with comparatively lower power consumption.

Good Fidessa results and Oracle buy-out rumours don't halt index slide

The Finextra50 Financial Technology Index closed last week down 5.6% to 54.16. Bucking the trend, Fidessa posted better than expected results, while India-listed Oracle FSS rose on buy-out rumours. But with Vasco Data Security and Morningstar both falling heavily after worse than expected results, and the banking sector taking fresh blows, it was a generally pessimistic week.

Fidessa beats revenue/profit forecasts

Shares in UK-based Fidessa have jumped as the dealing systems vendor posted better than expected full-year revenue and profit.

Markit releases MiFID fragmentation analysis

Financial information outfit Markit has combined with eleven top dealers to provide a consolidated source of aggregated data on market activity and liqudity across fragmenting European trading destinations.

Online Resources and Fidessa lead big drop in Finextra50

The Finextra50 Financial Technology Index plummeted 10.2% to 46.68 last week led by Online Resources, Fidessa and Temenos. Worsening confidence in the global financial industry is fuelling the decline, as most Finextra50 companies are performing worse than general tech sector indices. The S&P 1200 Global Financial Sector Index itself fell 18.6% last week, and has lost 70% of its value since May last year.

Fidessa warns of declining visibility; Lehman exposure hits top line

UK trading systems vendor Fidessa has warned of declining visibility in its financial forecasting stemming from increased consolidation in the investment banking sector and "further pressure on expenditure at a number of our customers".

Fidessa rises on positive first half

London-based Fidessa has posted rising revenue and pre tax profit for the first six months of the year and says it expects the growth to continue in the second half, despite the turbulent conditions in the financial markets.