Peel Hunt signs renewal for ION’s Fidessa Trading Platform
ION Markets, a global provider of trading, analytics, and risk management solutions for capital markets, today announces that leading broker and market maker Peel Hunt has selected ION as a long-term partner to grow its equity market making business further in European markets, using ION’s Fidessa Trading Platform.
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As a provider of execution services across global markets Peel Hunt began using the Fidessa Trading Platform nearly 20 years ago to access European markets and RSP market making networks. Since then, equities trading has become more complex. The Fidessa Trading Platform offers market makers an option to build customized workflows quickly and safely, and integrate their own business intelligence using ION’s real-time APIs.
Iain Morgan, Head of Execution and Trading at Peel Hunt commented: “Effective business growth requires technology that can simplify workflows, and boost efficiency. For Peel Hunt, ION has been a trusted partner in this area for nearly two decades. The Fidessa Trading Platform is the benchmark in the equities space and the top choice for sell-side institutions. As we enter our next phase of growth, ION remains our preferred partner.”
Michael Cashel, Equities, ION Markets, added: “Peel Hunt is an increasingly important provider of trade execution services to UK retail platforms and brokers. We are delighted that Peel Hunt has chosen the Fidessa Trading Platform to grow its business further.”