Fidessa group plc (LSE: FDSA) has been selected as Best Sell-side Trading System of the Year at the 2013 FOW Awards for Asia. Now in their second year, the FOW (Futures and Options World) Awards recognise the best in the Asian derivatives industry. The winners were announced at a gala dinner in Singapore last night.
Fidessa has emerged as a strategic player in the global futures and options space over the last few years and has focused considerable resources on developing its presence in the Asian derivatives markets. It now supports the trading operations of some of the world's leading futures and options trading firms with recent new clients including Citi, Newedge and Nomura.
David Jenkins, Head of Business Development for Fidessa in Asia Pacific, commented that the award reflected the focus the Asian team has put into the derivatives system over the past year or so. "Fidessa offers robust global order management and advanced trading features, including the ability to seamlessly handle 24-hour markets with ‘follow the sun’ global order handover. This allows users in any location around the world to see precisely the same order book and work orders across time zones without losing queue positions,” he said. "We’ve also expanded our technical backbone in Asia and increased our coverage of markets across the region."
Justin Llewellyn-Jones, Global Head of Derivatives at Fidessa, added: "We are extremely pleased to be independently recognised by FOW for our achievements in the derivatives space. It is a real vindication of all the effort that has gone into making Fidessa the first choice for institutions around the globe. We are confident that our strategic initiatives will continue to introduce new and innovative functionality going forward."
Fidessa's Futures & Options solution is typically delivered as a fully-hosted and managed service, using the firm's proven global technology infrastructure and resilient datacentre facilities. The service includes global connectivity to trading venues, buy-sides and other brokers, as well as comprehensive market data and a trans-continental, 24-hour help-desk.