Fidessa group, a supplier of multi-asset trading, market data and global connectivity solutions, has agreed to distribute Morgan Stanley’s electronic trading services through the Fidessa LatentZero execution management system.
Morgan Stanley and Fidessa LatentZero will together provide integrated execution tools and services to the buy-side to support the global trading of equity cash, futures and swaps. Morgan Stanley is already a broker on Fidessa’s global connectivity network and it offers direct market access (DMA) trading, a comprehensive suite of algorithmic strategies and smart order routing through Fidessa LatentZero execution management system (EMS).
Available as a hosted workstation solution or fully integrated OEMS, Fidessa LatentZero EMS provides a global, broker-neutral order management and execution solution targeted at buy-side traders. With fully integrated real-time market prices, news and fundamental data, traders can smart-route orders to a variety of DMA, algorithmic and care order services globally.