Fidessa group has announced its Intelligent Liquidity Access strategy in Europe. The strategy recognises the impact of increasing liquidity fragmentation in the post-MiFID landscape across a range of new venues – multi-lateral trading facilities, alternative trading systems and dark pools – each of which offers a different way for businesses to execute orders in conjunction with the more established exchanges. At the same time, firms are looking to enrich and manage their order flow in increasingly sophisticated ways. For the buy-side, the strategy allows users of Fidessa LatentZero’s Minerva Order and Execution Management System (OEMS) to be more involved in and take greater control of the whole trading process. For the sell-side, Fidessa say that its multi-asset trading platform now comes with a suite of tools to enable intelligent trading in the post-MiFID landscape. As part of its strategy, the company has also announced a number of new partnerships with emerging trading venues including NYFIX Euro Millennium, Börse Berlin Equiduct Trading and Turquoise, and with trade reporting platform Markit BOAT.
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