About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Fidessa Adds Prospector Liquidity Tool to Optimised Trading Initiative

Subscribe to our newsletter

Fidessa has added Prospector, a liquidity tool that helps high-touch traders discover trading and crossing opportunities, to its Optimised Trading initiative. Products already offered as part of the initiative include Fidessa’s Order Performance Monitor, which allows users to monitor live orders simultaneously and identify outliers in real time, and OTAS Market Analytics, which provides insights into live trading conditions.

Prospector along with the other elements of Optimised Trading is tightly integrated with Fidessa’s order management system (OMS), avoiding the need for traders to switch between applications or rekey data in the search for liquidity. It monitors live and historical client trading activity, client watch lists, shareholdings data and traders’ interests.

It also allows traders to populate internal merchandise boards manually or automatically, and includes heat maps for live orders and historic activity to help traders quickly spot relevant matches, and an algorithm that dynamically reflects historical activity over time and delivers customised results to sales traders and their clients.

Jay Biancamano, head of equities product marketing for Fidessa in the Americas, says that as electronic trading has evolved with significant investment in innovation, there has been little innovation in high-touch trading, a shortfall the company aims to fill with its Optimised Trading initiative.

Talking about Prospector, he explains: “The search for liquidity is all about bringing together the right information, the right way, and then acting fast. Prospector delivers meaningful value for the buy-side and, importantly, is something buy-side firms will pay for.”

Prospector has been developed over the past year and is expected to find favour with over 100 Fidessa clients that are users of the company’s OMS. Further additions to the Optimised Trading initiative are in the pipeline and are likely to include new data sources, perhaps customer relationship management data, and more workflow solutions that are tightly integrated with the OMS.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to move to a modern, component based trading architecture using a Buy AND Build approach

To remain competitive in today’s electronic markets, firms need trading architectures that support rapid innovation, effortless integration of new capabilities, and the agility to respond to shifting market demands. This is prompting technology leaders to move beyond the traditional “Buy vs. Build” debate, a false dichotomy that oversimplifies the choice between generic, off-the-shelf platforms and...

BLOG

Optimal Launches Options Execution Platform Built on Competitive Allocation Model

Optimal Market Technologies the US-registered broker-dealer focused on options execution, has launched a new US listed options execution platform backed by several leading global market makers, introducing a model designed to allocate order flow based on measured execution performance rather than fixed or single-counterparty arrangements. The platform combines an options Alternative Trading System (ATS) with...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...