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 and Virtu Partnership Provides Virtu SI Liquidity to Fidessa Solutions

Subscribe to our newsletter

Fidessa and Virtu Financial have partnered to give users of Fidessa’s market access solutions access to Virtu’s systematic internaliser (SI) disclosed liquidity, as well as improved upstream workflow to manage the more complex trading environment of Markets in Financial Instruments Directive II (MiFID II).

Virtu’s customisable SI price feeds are integrated to Fidessa’s smart routing capabilities and market access so that they can be consumed as if they were additional venues sitting alongside traditional sources of liquidity. Fidessa has also extended its advanced order handling capabilities to enable users to intelligently manage all their order flow across lit venues, SI operators, and the new Large in Scale dark pools that have emerged in the wake of MiFID II.

James Blackburn, global head of equities product marketing at Fidessa, says: “MiFID II is reshaping the liquidity landscape as trading migrates to more transparent and disclosed SIs and away from broker crossing networks and dark pools. At the same time, the focus on best execution has never been greater and now extends formally to the buy-side as well.”

Commenting on the Virtu partnership with Fidessa, Christiaan Scholtes, head of EMEA markets at Virtu, says: “This level of collaboration is helping to build the platforms of the future and drive efficient access to competitive liquidity.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The future of the desktop – optimising the user experience

Trader desktop solutions have advanced rapidly over the past few years, driven by new technology approaches, rising volumes and different types of data, interoperability, demand for ease of use, and the coronavirus pandemic that called for a desktop review as working from home became mainstream and later transitioned to hybrid working. Next generation desktops will...

BLOG

What you Need to Know About the Hype Surrounding Straight-Through Workflows™

Q&A with Reena Raichura, Director, Head of Product Solutions, Glue42. The subject of desktop interoperability has been generating much interest in the financial markets sector recently, from both the vendor community and from financial institutions looking to streamline their workflows. In this Q&A, we talk to Reena Raichura, Director and Head of Product Solutions at...

EVENT

A-Team Innovation Briefing: Innovation in Cloud

This Innovation Briefing will explore approaches to data infrastructure transformation, technologies required and how to make sure processes are optimised to support real time data management. Hear from leading practitioners and innovative technology solution providers who will share insight into how to set up and leverage your data infrastructure to provide user access to consistent data and analytics, and companies the ability to monetise their data.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...