Canaccord Capital, a Canadian broker, has joined trading systems provider Fidessa’s global connectivity network. The agreement allows firms on Fidessa’s network to electronically execute direct market access (DMA) and care orders through Canaccord.
“The Canadian markets are currently undergoing a significant transformation,” said Andrew Jappy, executive vice president and chief information officer at Canaccord, in a statement. “With several new trading venues coming into this market and global investor interest at a near all-time high, we are excited to be able to provide Canaccord’s leading institutional trading services to the vast number of firms on Fidessa’s global network.”
Martin Hakker, executive vice president of marketing at Fidessa, added, “Trading in the Canadian markets continues to become a very important component to our customers’ global strategies.”