Credit Suisse First Boston (CSFB) has joined the Fidessa broker order routing network owned by Royal Blue. The investment bank will offer its Advanced Execution Services (AES) algorithmic trading system through the network.
“Fidessa provides a market-leading solution for global order routing to all tiers of the buy-side and sell-side communities,” says Richard Balarkas, managing director and global head of Advanced Execution Services* at CSFB. “By using our AES platform, Fidessa clients can now have direct access to a variety of trading strategies and can continuously improve their trading performance across global markets. We are pleased to be part of this solution and look forward to the benefits of a strong partnership.”
Fidessa is a broker-neutral network for clients wishing to route order flow to a variety of sell-side destinations. Typical uses of the solution include buy-side to sell-side connectivity and broker-to-broker connectivity to support non-member trading across numerous markets.
“Signing up CSFB demonstrates our commitment to offer our clients state-of-the art trading capabilities and broader coverage of the equity markets,” says Simon Barnby, business development manager for Fidessa.
Fidessa order routing network is available through the Fidessa Trading and Fidessa Workstation platforms, or through direct FIX network connectivity.