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

A-Team Insight Briefs

ION Achieves Independent Software Vendor Status for Algorithmic Trading on BSE

Subscribe to our newsletter

ION has been registered as an Independent Software Vendor for algorithmic trading on the Bombay Stock Exchange (BSE). This registration enables BSE members to use ION’s Fidessa trading platform for algorithmic trading on the exchange.

Following its earlier approval as an equities trading vendor on BSE in June 2024, ION’s certification affirms Fidessa’s compliance with the exchange’s rules and regulatory standards. The platform offers an integrated suite of algorithms, supporting real-time performance monitoring and automated workflows to optimise trading operations. With over 55% of trades in India driven by algorithmic trading, Fidessa’s solution aims to enhance efficiency and reduce costs for market participants.

Robert Cioffi, Global Head of Equities Product Management at ION Markets, commented: “As a registered vendor on BSE, ION now offers seamless access to advanced algorithmic trading capabilities, fully integrated within the Fidessa trading platform. India remains a key strategic market for ION and this empanelment enhances our ability to meet the region’s evolving needs. We are proud to contribute to the growth of Indian capital markets by enabling cutting-edge algorithmic trading.”

Sandeep Sabnani, Product Strategy and Growth, Equities at ION Markets, added: “ION’s registration as a vendor for algorithmic trading on BSE is a significant step forward, demonstrating the trust and confidence in our Fidessa platform. This achievement reinforces our dedication to providing market participants with advanced technology solutions tailored to the needs of the Indian capital markets.”

Founded in 1875, BSE is Asia’s oldest stock exchange, providing a key platform for capital raising and hosting over 5,700 listings.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Post-Trade Transformation: Automating Clearing & Settlement

Date: 1 December 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes The UK, EU and Swiss markets move to T+1 settlement on 11 October 2027, but the first binding compression arrives almost a year earlier. ESMA’s amended settlement discipline RTS expects allocation and confirmation completed by 23:00 CET on trade...

BLOG

Substantive Research Finds AI Driving Market Data Costs Higher as Investment Research Budgets Stall

Two new studies from Substantive Research reveal contrasting commercial pressures across the financial information industry, with market data vendors seeking substantial premiums for AI-enabled access while investment research providers struggle to translate growing machine consumption into additional revenue. The findings highlight how artificial intelligence is reshaping the economics of financial information, raising questions about pricing...

EVENT

TradingTech Summit London

Now in its 16th year, the TradingTech Summit London brings together senior leadership across capital markets trading technology and market data. Join us to deep dive into key opportunities and challenges driving technological transformation across sell-side and buy-side firms.

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...