Fidessa is a world-leading supplier of multi-asset trading and investment infrastructure, market data and connectivity solutions to financial markets participants globally.
In response to FOW TRADEDATAâs customer needs for high quality cross-mapping of vendor symbology, its Xymbology service continues to build up its portfolio of instrument identifiers used by ISVs and market data vendors through collaboration with key providers in the futures and options space. Fidessa futures and options identifiers will be distributed through FOW TRADEDATA's Xymbology service to user firms to increase the efficiency of trade processing of futures and options contracts.
Mark Woolfenden, FOW TRADEDATAâs Managing Director, described the addition of Fidessa to the Xymbology stable as very timely as the market seeks to drive increased functionality and performance from its vendors in a new era of trading change. âWe are very pleased to be working with Fidessa on this integration, where our specialist skills in outsourced data services and domain expertise in futures and options will complement Fidessaâs proposition to mutual clients.â
Gregg Whitbread, Product Manager for Xymbology, said, âWe are delighted to partner with Fidessa in this initiative, which provides firms utilizing Fidessaâs global order management and distributed low-latency execution platform with the cross-reference required to translate between Fidessa symbols and other symbology used in the market at the appropriate points throughout the trade life cycle.â