Fidessa group plc (LSE:FDSA), provider of trading systems, market data and global connectivity today announced its Intelligent Liquidity Access strategy for the US.
This strategy is aimed at both buy-side and sell-side participants, providing them with a full suite of intelligent trading tools including Fidessa’s Direct Liquidity Access and Direct Strategy Access solutions.
Direct Liquidity Access (DLA)
Fidessa’s DLA offering allows brokers to provide a fully-hosted, sponsored liquidity access solution to their buy-side and sell-side clients enabling them to meet the challenges of an increasingly fragmented market place. DLA facilitates low-latency trading across a broad range of venues by providing direct access to ECNs, ATSs and Dark Pools as well as to the more established exchanges. Brokers using DLA will be able to benefit from a fully integrated compliance and client risk management platform, which allows them to monitor and manage real-time risk at a user, client, exchange, position or cost level.
DLA Highlights:
- Ultra low latency market access to all major US venues
- Dark Pool and third-party algorithm access
- Real-time risk management
- Real-time consideration controls and oversight
- Pre & post trade compliance and reporting
Direct Strategy Access (DSA)
The Fidessa DSA offering allows brokers using its BlueBox algorithmic trading engine to open up their own bespoke trading algorithms to their buy-side and sell-side clients, enabling them to control and trade through these algorithms directly themselves. Access to these algorithms can be provided not only through Fidessa’s buy-side and sell-side products, but also through a wide range of third-party solutions. Brokers can control the algorithms and parameters exposed to their customers as well as monitor risk management and performance in real-time.
DSA Highlights:
- Easy deployment of algorithms to Fidessa, Fidessa LatentZero or third party applications
- Broker controlled algorithms a>Br a>Broker controlled algorithms and parameter definitions for customer view
- Risk Management and performance monitoring tools
Martin Hakker, EVP Marketing at Fidessa, comments: “With the addition of these new services, we are now offering the most complete set of intelligent trading tools to the marketplace. Along with Fidessa BlueBox, DLA and DSA are fully integrated into the Fidessa trading platform and allow us to act as a one-stop-shop satisfying all our clients’ high-, low- and no-touch trading requirements. Leveraging Fidessa’s high performance trading architecture, these services provide brokers with a proven, reliable and cost effective solution that enables them to offer sophisticated trading services to their own clients without the need to develop the technology themselves.”