Martin Currie, an Edinburgh-based investment management firm, has become the first company to go live on Fidessa LatentZero’s Trading Network (LTN). LTN is a new service that provides integrated FIX connectivity over Fidessa’s existing global network.
According to Grant Suttie of Martin Currie, the new connectivity will “help prepare us for MiFID compliance by connecting to all significant trading destinations”.
Richard Jones, chief executive of Fidessa LatentZero, adds, “Martin Currie is a long-standing client of ours – they are already using the full Capstone suite with great success and I am delighted that they are now using one of our newest products.”
LTN is a multi-asset-class trading network that connects customers of Fidessa LatentZero’s order entry management system, Capstone Minerva, to their trading counterparties, and supports order routing and full management of FIX services. It provides connectivity to brokers for transmission of FIX indications of interest, orders, executions and allocations, and includes support for algorithmic trading and direct market access connectivity to global exchanges.
It also provides a managed service for connections to alternative trading systems and crossing networks, and for both FIX and non-FIX message types. LTN is underpinned by connectivity to Fidessa’s global network.