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The Fidessa hosted trading platform manages and
automates the front and mid-office business flows
for firms trading financial markets across Europe.
Built from the same Fidessa
enterprise platform used by many tier-one institutions
globally, Fidessa harmonises
each Exchange’s order book and presents
a consistent view across Europe’s markets.
Combining unparalleled connectivity with sophisticated
order management & routing, multi-currency
trading & position keeping, inter-entity dealing,
cross-currency settlements and European-wide reporting
facilities means users can now trade on any market
in Europe through one system.
Order Management & Trading
Originating institutional or client instructions
are entered directly by the sales traders or taken
electronically using FIX. Orders can then be passed
to the appropriate execution service for trading.
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Sophisticated
order entry, management and routing facilities |
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Automatic
trading functions (AutoX, OrderCross) |
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Comprehensive
order audit tracking system |
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Fully
integrated FIX order routing and execution |
Fidessa provides a single, integrated
trading interface for a ‘virtual’
pan-European market.
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Trade
all major European equity markets |
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Principal
and agency trading support |
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Trade
through DMA brokers |
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Full
access to ECNs, ATSs, etc. |
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Multi-currency
trading and FX cash management |
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Pre-trade
IOIs and Trade Adverts |
Exchange Access
Value added views, together with complex monitoring
facilities and configurable rules based logic
complement one another to provide a sophisticated
trading system that is fast and efficient to use.
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Generic
order types (At Market, At Best, Limit, Execute
& Eliminate) |
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Market
specific order types (Fill or Kill, Anonymous,
Cross Orders) |
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Simulated
order types (Iceberg, Hidden) |
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Market-making |
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Multi-Exchange
OTC trade reporting |
Position & Risk Management
Fidessa provides dealers and
management with real-time position and inventory
valuation for all market-making and principal
trading activities, including:
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Trade-date
and Valued-date positions |
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Real-time
valuation of all positions |
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Flexible,
hierarchical book structure |
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Consolidated
views across desk, area or region |
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ADR/GDR
arbitrage monitoring |
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Cross-currency
FX exposure management |
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Extensive
multi-market charge calculator |
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Complete
management reporting suite |
Trade Confirmations
Fidessa provides complete support
for mid-office business flows.
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Electronic
Trade Confirmations (ETC) |
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Block-level
or Allocation-level support |
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Automatic
links to OASYS, FAX or TELEX |
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Sub-account
database for individual funds |
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Funds
linked to parents and parent groups |
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