Fidessa Group plc is a UK based company engaged in the development of software - trading systems for financial sector clients. Fidessa also offers market data and other related services for consumers specializing in both buying and selling.
The company is headquartered in Woking with offices in London, New York, Boston, Tokyo, Hong Kong, Paris, Toronto, San Francisco, Belfast, Singapore, Bahrain, Sydney and Sao Paolo. The company is registered on the LSE and is included in the FTSE 250 index.
Products
Fidessa
The solution includes a front end for traders, market data, a number of intermediate services for routing and managing orders and positions, etc. The provided solutions are based on the FPI platform (Fidessa Product Interface), proprietary cross-platform protocols for distributed data exchange (Open Access) and in-memory DBMS real time (RTD - Realtime database). The list of products includes: FTW (Fidessa Trading Workbench), EMMA (European Multi-Market Access), OMAR (Order Management and Routing), PMAC, FTS (Fidessa Trading System), TOP, etc.
Fidessa LatentZero
The complete solution for buy-side trading includes three main products: Minerva, Sentinel and Tesseract.
FIX Network
In addition to trading platforms, Fidessa is engaged in broker hosting of networks based on the FIX protocol. There are a large number of brokers connected to this network.
Hft platform
After the Tokyo Stock Exchange moved to the level of microsecond delay in the execution of orders, a boom in high-frequency trading began in Asia. Fidessa began developing a platform for direct access to markets with ultra-short delays (ULLDMA- Ultra Low Latency Direct Market Access). The HFT Platform solution is intended for high-frequency traders (high-frequency trading) in the trading mode with delays of units and fractions of microseconds.
The company is also known for creating the Fidessa Fragmentation Index (FFI). The index reflects the degree of fragmentation of financial instruments on European sites after the introduction of MiFID rules in 2008.