28th Jul 2015 08:26
LONDON (Alliance News) - Fidessa Group PLC Tuesday said it has undertaken efforts to improve its sell-side equities trading platform.
The FTSE 250 trading, investment and information company said its Order Performance Monitor is designed to help traders as the market becomes more competitive and automated. It enables users to monitor all live orders simultaneously and identify "outliers" in real time, Fidessa said.
"There are numerous transaction cost analysis tools out there, designed to help in the quest for best execution. But while these may be of some value, they only serve to highlight today?s issues tomorrow. In a highly competitive market that is often too late. Sitting at the heart of the order flow and decision making process, Fidessa is in a unique position to offer traders the real-time analysis and insight they are looking for," James Blackburn, global head of Equities Product Management at Fidessa, said in a statement.
"OPM gives them the improved decision making capabilities they need throughout the order lifecycle, providing real insight on their orders and executions in real time and empowering them to deliver the execution quality their clients are demanding today," Blackburn added.
Fidessa shares were flat at 2,351.00 pence on Tuesday morning in London.
By Samuel Agini; [email protected]; @samuelagini
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Fidessa Group