The Gateway to Algorithmic and Automated Trading

BNP Paribas selects Fidessa's derivatives trading platform

First Published 17th October 2016

BNP Paribas has consolidated its global listed derivatives services onto a single, standardised platform hosted by Fidessa.

Fidessa has announced that BNP Paribas has selected its derivatives trading platform to underpin the bank's futures and options agency trading business. Fidessa's platform will support the workflow requirements of BNP Paribas' listed derivatives trading operations across Europe, Asia-Pacific and North America.

The platform will also provide BNP Paribas with a suite of specialised derivatives algorithms, including benchmark algos and synthetic order types to normalise trading across global markets.

Fidessa's order analytics capabilities will allow BNP Paribas' traders to monitor orders in real time and adjust algos on the fly to provide precision of execution for their clients. Fully-integrated risk functionality will manage BNP Paribas' client limits.