Fidessa Integrates Foreign Exchange Algorithms

Fidessa LatentZero, a provider of front office software to the buy side, announced that Credit Suisse has become the first broker to have FX smart routing and algorithmic execution strategies integrated into the Minerva order and execution management system (OEMS)

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Fidessa LatentZero, a provider of front-office software to the buy-side, announced that Credit Suisse has become the first broker to have FX smart routing and algorithmic execution strategies integrated into the Minerva order and execution management system (OEMS) with AES FX.

“Algorithmic trading is no longer confined to the equity space, and the last twelve months in particular have seen algos expand into other asset classes, including FX, across all global markets,” says Chris Gregory, gead of connectivity at Fidessa LatentZero. “The Minerva OEMS continues to keep pace with market demand, ensuring that all our clients can select the most appropriate strategy to achieve best execution, and retain confidential order flow across their foreign exchange trading operations. We are delighted to be working with market leaders Credit Suisse.”

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