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.”
