Royal Blue says Tullett Liberty Equities has joined its Fidessa network.
This will allow Fidessa users to benefit from TLE’s execution capabilities in more than 30 stock exchanges.
“We are pleased to partner with Fidessa which will significantly extend our community of users,” says Les O’Malley, Managing Director of TLE. “Fidessa clients will benefit from our global market access, superior execution, anonymity and access to independent research and valuation services.”
TLE offers DMA trading along with algorithmic trading services and supports a wide range of client order types – including VWAPs, pairs trading, basket trading, risk arbitrage, guaranteed VWAP crossing, grey markets and program trading. With its extensive coverage, TLE is also able to offer execution in both liquid and illiquid stocks.
“We are pleased to be adding TLE to our Fidessa global connectivity network,” says Simon Barnby, business development manager for Fidessa. “TLE with its extensive market coverage, expertise in global cash equities and automated trading systems, allows us to extend the execution services provide to our clients.”