Futures broker R.J O’Brien has signed a global agreement with Fidessa to distribute its futures and options trading workstation.
R.J O’Brien explained demand for the workstation from institutional clients in the UK and Europe has grown, and the distribution deal allows it the meet that demand.
MiFID II and changes to the global listed derivatives market also means clients are seeking improved algos, analytics and trade reporting functions.
“We've seen increasing demand from both clients and new prospects for the Fidessa workstation for its comprehensive futures trading experience,” said Thomas Texier, managing director at R.J O’Brien.
“A number of our customers were particularly impressed with Fidessa's options trading capability, together with its fully integrated benchmark algo suite, for example."
The initial deal will cover all markets operated by exchange groups CME, ICE and Eurex.