With its sophisticated technology and electronic solutions, AKJ provides a one-stop solution for global electronic trading. This agreement enables AKJ to offer its services across Fidessaâs global FIX connectivity network which provides access to 310 brokers, 1,800 buy-side institutions and 100 markets worldwide.
Svend Erik Enger, President of AK Jensen, Inc., commented: "We are very excited to be partnering with Fidessa to provide our electronic trading services across one of the most extensive global networks available. We provide connectivity and execution services to over 60 markets globally, serving institutional clients in 37 countries. Joining the Fidessa network has enabled us to offer this range of services to a previously untapped community of institutions as well as providing our existing customers with an additional means of accessing our services.â
Simon McDowell, Connectivity Director at Fidessa, added: âInstitutions today require access to the broadest possible range of liquidity venues and execution services. As a result, weâre experiencing continued demand for secure, low-latency FIX connectivity across our global network. Weâre delighted to be working with AKJ whose execution services are now available to our community of buy-side and sell-side firms across multiple markets worldwide.â
The Fidessa product suite provides integrated multi-asset trading, market data and connectivity solutions to over 22,000 users at around 600 clients around the world, and serves over 85% of global, tier-one equity brokers. Fidessaâs global connectivity network now carries over 130 million messages a month covering DMA, Care and Algorithmic orders, IOIs and FIX Allocations between 1,800 buy-sides and 310 brokers across 100 markets globally.