Fidessa has launched tradable Indications of Interest (IOI) and Trade Advert (TA) services for its buy-side firms integrated with Fidessa Workstation Execution Management Service (EMS).
Fidessa will deliver IOIs directly to buy-side traders, enabling traders to search for large block liquidity and route it to the originating broker.
“We are committed to supplying the buy-side with the most powerful execution management system in the market,” says Simon Barnby, global director of marketing communications at Fidessa. “The provision of fully integrated tradable IOIs, together with trade advert data, delivers on this promise and ensures buy-side traders have the highest visibility of price improvement and off exchange liquidity compared to competing EMS products.”