Royalblue have announced the launch of the Fidessa European Trader Workstation (ETW). Designed for small and mid-tier broker/dealers across Europe, ETW aims to provide member and non-member trading services, seamless electronic order handling, powerful order management functionality and sophisticated pre and post-trade analysis tools.
The first release of ETW supports member trading on the London Stock Exchange (LSE) and Euronext along with non-member trading across global markets through Fidessa’s managed remote broking network of over 170 brokers.
For UK brokers, ETW supports connectivity to 20 Retail Service Provider (RSP) systems offering often improved market prices for retail order flow.
“With the huge uptake of electronic trading around the globe, a challenge for smaller and mid-tier brokers is how to keep up with technological advancements and maintain their market share,” says Simon Barnby, the global director of marketing communications at Fidessa. “Our European Trader Workstation addresses these exact needs and provides them with a fully managed and hosted trading solution. Fidessa ETW is a one-stop solution for brokers’ exchange trading needs.”
ETW also delivers on Fidessa’s strategy to support its clients in meeting their conduct of business obligations under the forthcoming Markets in Financial Instruments Directive (MiFID).