The Tradetech Daily



Fidessa program trading offers buy-side and sellside support for global program sales and trading. The firm has a local presence in Hong Kong, Tokyo, Singapore and Sydney, as well as direct access to 35+ Asia Pacific markets.
Fidessa offers integrated global program trading workflow technology, advanced real-time analytics and program benchmarking and program trading fully integrated into Fidessa BlueBox algorithmic trading technology. The firm’s service supports program sales and program trading from a single platform, regional trading of program sub-baskets, program crossing and compositing workflow. It also provides real-time equalisation of average pricing across multi-fund baskets, supports FIX electronic flow and file-based uploads, provides management of large global basket workflow, offers preand post-trade reporting and analytics and provides wave trading to markets, algorithms and execution services.

Liquidity access

Fidessa program trading provides global execution capability supporting market access to over 130 markets worldwide, direct access to 35+ markets in Asia Pacific and direct access to 650+ brokers globally on Fidessa’s global connectivity network.

Client coverage

Fidessa offers full support for buy-side and sell-side firms’ program trading, supporting care, direct market access and algo flows and high-frequency burst flows.

Pre- and post-trade analytics

The firm provides real-time, pre- and post-trade analytics capabilities on screen supplemented with an advanced reporting module for standard Excel and PDF output and bespoke reporting formats. It also offers realtime and historic analytics capabilities with an advanced calculation engine.

Future plans

Fidessa plans continuous investment to extend its program trading technology, with a focus on high performance for large global, multi-fund baskets, continuous low-latency programs, continuous development in localised analytics, user experience optimisation and flexibility, cross-asset class program trading and extension of global market access coverage.