Royalblue, the provider of Fidessa, has launched its BlueBox algorithmic trading system in Europe and Asia. Available in the US since last October, BlueBox provides access to pre-built, industry standard algorithmic strategies along with a toolkit for clients wanting to build their own proprietary models.
“With BlueBox we have redefined the algorithmic market by lowering the financial barriers and complexities of algorithmic solutions,” says Philip Slavin, the head of European product strategy at Fidessa. “BlueBox enables brokers to operate their own algorithmic trading system without the need to tackle complex system integration issues.”
Additionally, BlueBox enables traders to monitor and manage their algorithmic trading performance from their existing OMS screens.