Fidessa

Fidessa | May 26, 2016

Neptune, the open standards network utility for pre-trade indications in bond markets, today announced that it has completed connectivity to Fidessa's buy-side OMS platform to distribute high quality pre-trade data to assist the buy-side with liquidity and price discovery utilising their existing workflows. With 17 dealers committed to the platform and over $60bn of gross notional and twelve thousand line items, referencing over 8 thousand ISIN’s across IG/HY/EM and Covered bonds and 2...

Fidessa | August 01, 2016

Fidessa Group Plc said on Monday it expected revenue to rise 4 percent this year on a constant currency basis as changing U.S. and European regulations boost demand for its trading software. Shares of the company, which provides trading and investment technology for the financial industry, rose as much as 7 percent to a 16-year high. The stock was the top percentage gainer on London's FTSE 250 index. Regulators are putting a number of measures in place to prevent market abuse in the financia...

Fidessa | April 28, 2016

Today I am looking at the investment case for three Thursday newsmakers. Shares in IT giant Fidessa Group were basically unchanged in Thursday trade, despite the release of a positive trading update. Although trading conditions remain difficult for the software play’s client base, Fidessa advised that “the themes Fidessa saw during 2015 are continuing, with more opportunities opening up as customers position their businesses for the future.” Indeed, Fidessa said that it expects...

Fidessa | November 16, 2016

CMB International (CMBI), the Hong Kong-based subsidiary of China Merchants Bank, has selected Fidessa’s solutions to provide its clients with market data and low-latency access to more than 60 futures, options, equities and FX markets around the world. Fidessa’s OEMS system will be going live across the Asian sector of CMBI since it required a solid platform as well as a solution that operated front-to-back. The company offers a wide range of brokerage services, with securities trad...