Fidessa integrates US options into EMS Workstation
First Published Monday, 26th April 2010 from Automated Trader : EMS News
Fidessa announces integration of US options into its EMS Workstation
Martin Hakker, EVP Marketing, Fidessa in North America: "The US options functionality is a key development for the product as it enables clients to trade both US equities and options from a single platform."
Fidessa group plc has announced that it has integrated US options trading into its EMS Workstation. The system now supports fast trading for this asset class directly from redesigned options matrix and market depth views. The EMS Workstation also supports users' DMA, care and algorithmic trading needs, as well as smart order routing and access to options algorithms.
Martin Hakker, EVP Marketing for Fidessa in North America, comments: "The EMS Workstation has experienced a period of rapid development as we strive to meet the ever-growing needs of our users. The US options functionality is a key development for the product as it enables clients to trade both US equities and options from a single platform. This allows them to reduce the total cost of ownership of their trading technology, while still remaining competitive."
Russell Thornton, EMS Product Manager for Fidessa, adds: "In the last year alone, the number of EMS buy-side to broker trading relationships has increased by 60 percent thanks to the combination of enhanced functionality and cost-effectiveness. It allows clients to expand their geographical reach and is an ideal workstation for any asset manager, from small hedge funds to larger institutional managers, or smaller, mid-tier brokers wishing to expand their services and attract order flow from around the world