Proquote to be offered through Factset
London - 8 April 2011
• New access partnership with FactSet
• One stop trading solution for UK market
Proquote announced today that it will be providing full access to its trading functionality through FactSet, a leading provider of financial information and analytical applications to the global investment community.
In partnership with FactSet, Proquote will be instrumental in providing the international investment community access to a single portal for UK markets. Through this, clients will be able to conduct market trades whilst utilising the FactSet platform's financial information services.
David Tibbetts, Head of Proquote at London Stock Exchange Group, said:
"This is an exciting development for Proquote. FactSet customers will gain full access to Proquote's trading functionality through the FactSet platform. The combination of FactSet's tailored analytics tools with Proquote's real time trading system offers a unique opportunity for customers to explore investment strategies and trade UK markets in one place.
"The partnership with FactSet is part of an ongoing commitment to our own customers to provide new and improved routes to trading on the UK and Europe's capital markets, utilising Proquote's robust and innovative trading technology."
Martin Gissel, Senior Vice President, Managing Director of FactSet EMEA. Said:
"Our partnership with Proquote represents the first time FactSet clients can make investment decisions and initiate trades from within the FactSet platform.
"In keeping with our strategy to provide clients with tools that directly support their workflow, UK-focused managers can fully support their clients' assets within the FactSet Workstation."
Customers accessing Proquote through FactSet will have access to London Stock Exchange and UK Equity Market Level 1 and 2 price information. They will also be able to utilise the extensive Retail Service Provider network and will have direct access to London trading for equities and fixed income.