Martin Hakker, managing director, Fidessa Canada
"The Tradalyzer gives everyone the same objective view of what is happening in the marketplace."
Fidessa has unveiled its Tradalyzer™ in Canada. The free, web-based tool utilises Fidessa's Fragmentation Index (FFI) and Fragulator® to offer an assessment of individual trades and trading strategies across Canadian liquidity venues, including stock exchanges, ATSs and dark pools.
Martin Hakker, CEO, Fidessa Canada corporation, said: "As the Canadian marketplace becomes increasingly fragmented, it is even more important to develop a strong community and provide free unbiased analysis tools for this marketplace. Fidessa has expanded upon the Fragulator and will continue to create tools that add value to the entire community. The Tradalyzer gives everyone the same objective view of what is happening in the marketplace. The format and content of this view is unique to Fidessa, but the data is available to everyone."
"Traditionally, the buy-side and the sell-side have been driven by different regulations and market pressures," said Sang Lee, Founder, Aite Group. "In a marketplace as fragmented as Canada, Fidessa's Tradalyzer can be viewed as an innovative tool, offered at no charge, which brings a greater degree of intelligence along with a deeper insight to analyze trading across the Canadian marketplace."