Japanese sell-side firm Okasan Securities has selected trading technology provider Fidessa’s Japanese trading platform to trade Japanese cash equities and derivatives.
Okasan Securities Group offers a range of securities, investment and asset management services via 60 branches across Japan and has representative offices in China and the US.
Okasan said it chose the system for its potential for algorithmic trading, FIX-based connectivity to global markets, as well as Fidessa's track record in Japan.
“While the Japanese market is currently going through fundamental structural change, we are emphasising our trading technology for domestic clients,” said Ian Chilton, CEO of Fidessa in Japan. “The exchanges and alternative venues are evolving and enhancing their trading systems all the time, and we support our domestic clients by insulating them from the constant system upgrades to this trading environment.”
Fidessa's global network provides connectivity to 2,400 buy-sides and 600 brokers across 150 markets around the world.