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Fidessa group plc: Fidessa expands connectivity network with nine new Latin American brokers
[November 03, 2009]

Fidessa group plc: Fidessa expands connectivity network with nine new Latin American brokers


New York,, Nov 03, 2009 (M2 PRESSWIRE via COMTEX) -- Fidessa group plc (LSE:FDSA), provider of award-winning trading solutions for the buy-side and sell-side, today announced the addition of nine brokerage firms, with operations in Brazil and Mexico, to its global connectivity network. This extends the range of order execution opportunities for firms looking to access the Latin America (LATAM) markets.

BES Securities, Credit Suisse Hedging-Griffo, Fator Securities, Grupo Bursatil Mexicano, ICAP Brazil CTVM, Interacciones Casa de Bolsa, Itau Securities, IXE Casa de Bolsa and XP Investimentos are now all available on Fidessa's network, and join previously announced LATAM firms including Planner Corretora De Valores and Casa de Bolsa Finamex.

Access to these brokers' services is available via direct FIX connection or fully integrated into Fidessa's own products - including the Minerva OEMS and EMS Workstation for the buy-side, and its sell-side trading platform solutions.


Martin Hakker, EVP marketing at Fidessa comments: "We're committed to expanding our global network to provide the broadest possible range of execution services on a global basis. We're seeing increased demand in the LATAM region from both buy-side and sell-side firms as institutions in the region continue to embrace electronic trading technologies and international firms look to the region to expand the trading and execution services they can offer their clients." Hakker adds: "Having joined Fidessa's network, these brokerage firms are now able to offer their market-leading DMA, care, and algorithmic trading solutions to both the buy-side and sell-side via one of the largest trading networks in the industry." Fidessa's connectivity network links over 2,300 buy-side institutions to more than 400 brokers and 120 markets around the world, providing a "one-stop-shop" for best execution services. Fidessa group serves around 24,000 users across more than 730 clients around the world and are used by more than 85 per cent of tier-one financial institutions.

About Fidessa group Fidessa group is the leading supplier of multi-asset trading, portfolio analysis, decision support, compliance, market data and connectivity solutions for firms involved in trading the world's financial markets. Fidessa's products and services are built on the simple vision of making it easier to buy, sell and own financial assets of all types on a global basis.

PEDIGREE A dynamic, growing company with a proven track record, Fidessa is recognized as the thought leader in the marketplace, with an unrivalled set of products and services which set the benchmark for this industry and, uniquely, serve both the buy-side and sell-side communities globally.

EXPERIENCED With 28 years' experience delivering powerful, resilient, mission-critical systems, Fidessa develops all its products itself from the ground up, investing heavily in their continual evolution. The resulting leading-edge, truly integrated solutions have established Fidessa as the industry's number one choice, and are used by over 85% of tier-one, global financial institutions.

SCALE Headquartered in Londonand with regional operations across Europe, North America, Asia, and the Middle East, Fidessa supports over 24,000 users across 730 clients, serving a broad spectrum of customers from major investment banks and asset managers through to specialist niche brokers and hedge funds.

ESTABLISHED Fidessa group is listed on the London Stock Exchange (symbol FDSA) and is a FTSE 250 company. Fidessa has a turnover of around GBP200m, has delivered 30% compound growth since its 1997 listing and now employs 1,400 people globally.

CONTACT: Lisa O'Reilly, Fidessa Tel: +1 212 269 9000 e-mail: [email protected] WWW: http://www.fidessa.com Marc Weinstein, Spring O'Brien, for Fidessa Tel: +1 212 620 7100 ext: 216 e-mail: [email protected] ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [email protected].

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