Fidessas Buy-side Workstation has integrated ITGs pre-trade analysis tool, ITG Logic, extending the tools analytics capabilities.
Buy-side Workstation will now provide traders and portfolio managers with the means to measure expected transaction and opportunity cost by using factors such as execution strategies, time horizon, volatility, spread, volume and order size.
The Fidessa Buy-side Workstation provides seamless integration to a range of broker analytics as well as direct access to its own Fidessa fragmentation tools.
With an ever-increasing focus on costs, especially in today’s volatile markets, tools such as these can really make a difference, says Russell Thornton, global head of Buy-side Workstation Solutions at Fidessa. These enhancements to our Workstation will help empower buy-side traders with the tools they need to make better trading decisions.
Yossi Brandes, Managing Director at ITG in Europe, adds: In todays highly electronic trading environment, such decision-making support tools are a necessity and should be part of the sophisticated trading environment and workflow of every trader. The fragmentation of the equity markets and the proliferation of algorithms call for tools that can assist traders in achieving best execution.
(CG)