Fidessa, a trading solutions provider, has announced several new product initiatives in line with its strategy to address the needs of the German domestic market.
These new services include the addition of Xetra member trading to its Fidessa European Trader Workstation (ETW) product as well as its Markets in Financial Instruments Directive (MiFID) client classification and virtual markets modules, which are now available across the entire Fidessa product suite. Designed specifically to meet the requirements of small and mid-tier equity broker/dealers across Europe, Fidessa’s ETW provides a one-stop solution for member and non-member trading services, seamless electronic order handling, powerful order management functionality and sophisticated pre- and post-trade analysis tools.
Simon Barnby, global director of marketing communications at Fidessa said: Member trading on Xetra has been available on our global trading platform for a long time. By adding this gateway to our ETW product we can now provide brokers in Germany with a powerful yet cost-effective means of managing their trading activities. ETW offers a fully managed and hosted trading solution tailored to meet European exchange trading requirements.