Home   News   Features   Interviews   Magazine Archive   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way,

Global Asset Servicing News and Commentary.
≔ Menu
Securites Lending Times logo
Leading the Way,

Global Asset Servicing News and Commentary.
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. ION launches Fidessa Spotlight to improve global equities trading performance
Industry news

ION launches Fidessa Spotlight to improve global equities trading performance


13 June 2023 US
Reporter: Klea Neza

Generic business image for news article
Image: matusciac
ION has launched Fidessa Spotlight to help heads of execution unify operations and reduce business costs.

The solution offers trade access to dark volume while maintaining order in third-party algorithms, in an effort to reduce market impact for all buy-side clients of head traders.

The slowdown in equities trading and capital raising has hit revenues worldwide, driving businesses of all sizes to look for advanced technology solutions, says ION. With the algo accessible to companies operating globally, Fidessa Spotlight could aid enterprises streamline processes through model-building features, it adds.

William Cline-Thomas, senior product manager at ION markets, states: “For buy-side equities traders facing increased complexity and liquidity challenges, it’s fantastic to welcome a dynamic solution that will revolutionise trading across global markets through reliable and efficient automation technologies.”

Sandeep V. Sabani, head of equities product strategy and growth at ION markets, comments: “Customers are at the center of our product strategy. We are excited to introduce a global solution capable of unlocking more liquidity and improving equities trading performance across the market.”

← Previous industry article

FIA Tech closes $25.4 million funding round
Next industry article →

UBS completes Credit Suisse acquisition
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Assegt Servicing Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Liquidity

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →