Martin Currie, the Edinburgh-based investment management firm, with Â£14.1 billion under management, is the first company to go live on Fidessa LatentZeroâs Trading Network (LTN), a new, fully managed service that provides integrated FIX connectivity over Fidessaâs existing global network.
LTN is a multi-asset class trading network that connects customers of Fidessa LatentZeroâs OEMS, Capstone Minervaâ¢, to their trading counterparties, and supports order routing and full management of FIX services. It provides secure, robust and low-latency connectivity to brokers for transmission of FIX IOIs, orders, executions and allocations, and includes full support for algorithmic trading and DMA connectivity to global exchanges. It also provides a managed service for connections to alternative trading systems (ATSs) and crossing networks, and for both FIX and non-FIX message types.
âThe LTN is a âone-stop shopâ for all our connectivity needs. We are very pleased with it,â explains Grant Suttie of Martin Currie. âIt provides FIX connectivity, helps prepare us for MiFID compliance by connecting to all significant trading destinations, and is straightforward to deploy. Connectivity experts from Fidessa LatentZero offered a full implementation service and now manage the network under SLAs. Furthermore, we can easily request more brokers and add other trading destinations to the network.â
LTN is underpinned by connectivity to Fidessaâs global network. With links to both the buy-side and the sell-side, the Fidessa network is a secure, real-time private network for global trading and order routing. It currently provides access to over 210 brokers, 1,000 buy-sides and 82 exchanges across Europe, North America and Asia Pacific.
âMartin Currie is a long-standing client of ours â they are already using the full Capstone suite with great success and I am delighted that they are now using one of our newest productsâ, says Richard Jones, CEO of Fidessa LatentZero. âFidessa and LatentZero are an exciting new combination, and the acceleration of the roll-out of LTN is the first example of successful product integration. Our customers will continue to see many more benefits from the successful integration of Fidessaâs and LatentZeroâs products and services.â