As traders look for the fastest way to trade, one connectivity provider may have an answer: Sending data and trade orders via microwaves. So, what happens when it rains?
As brokers debate the economics of execution management systems, Barclays and Citi have quit the EMS game. Meanwhile, Goldman Sachs goes broker-neutral and Morgan Stanley decideds to fly solo.
Money manager B. Robert Williamson Jr., the nephew of Wall Street investment guru Julian Robertson, was found dead on Sunday in North Carolina, in water surrounding an island.
The execution management system provider said its latest TCA offering is designed to be used for multiple asset classes, including FX, to help traders control costs in a fragmented environment.
Is FTT heading for Wall Street?February 14, 2013Modeled after the European FTT effort, two U.S. senators have proposed a financial transaction tax on their home turf.
The Rising Tide in Equity Trading – Who Will Benefit?February 08, 2013As a resurgence in equity trading seems to take shape, firms that achieve a trading workflow based on scale and specialization may be poised to gain a significant portion of the new liquidity.
Mexico Revamps Infrastructure to Compete on the Global StageFebruary 06, 2013Latin America as a whole is demanding a lot of attention at the moment, but, argues Alice Botis, Head of Latin American Business Development at Fidessa, it’s critical to recognize the individual nuances of each country. Here, she throws the spotlight
OMS-EMS Retool as Clients Face New RegsOctober 25, 2012In the face of lower volumes, OMS and EMS are seizing opportunities as buy side clients need to upgrade their systems to comply with complex regulations and trade new asset classes electronically.
The Buy Side Wrestles with the OMS-EMS DilemmaOctober 24, 2012In the midst of a bad economy and lower trading volumes, the buy side balances the need to cut costs and consolidate OMS and EMS platforms, while chasing the best integrated solution.
Change Comes to OMS/EMS Space Amid Weak Trading VolumesOctober 05, 2012Asset managers are wrestling with technology costs and are looking for ways to "rationalize" their expenses for order management and execution management systems.
Fidessa Expands Buy Side Connectivity ServiceSeptember 25, 2012The platform now offers full infrastructure outsourcing —including FIX and non-FIX-based connectivity— to buy side customers as they grapple with the complexity of running technology infrastructure for multi-asset trading and the operational ne
Miller Tabak Consolidates Trading Infrastructure With FidessaSeptember 12, 2012The institutional trading firm said the Fidessa platform will help rein in costs, which is a growing concern for broker-dealers amid new regulations and rising market fragmentation.
Fidessa Updates Canadian Trading PlatformJuly 18, 2012It's called - drumroll, please - Version 12.1 and the firm's trading kit has been deployed across 90 percent of Fidessa's Canadian's clients, including eight of the top ten financial institutions north of the border.
Can Social Media Sharpen Quant Models?June 29, 2012Experts scoff at the idea of social media-based sentiment analysis being the backbone of a trading strategy. But it could hold promise as a part of a multifactor quant model.
Are Google and Facebook Stealing Future Quant Stars?April 02, 2012Following the financial crisis, the Occupy Wall Street protests and the rise of social media companies, some worry that Wall Street has lost its ability to attract the best IT talent.
Fidessa Passes Certification Test for Chi-X AustraliaSeptember 13, 2011Fidessa is also providing the software and technology infrastructure for ASX Best, a multi-market trading application that allows smart order routing between venues.
Fidessa Launches Mexican Trading PlatformApril 06, 2011The multi-asset trading platform is compliant with new regulations in Mexico introduced to drive more automated trading solutions.