Fidessa group plc (LSE:FDSA) provider of trading systems, market data and global connectivity to buy-sides and sell-sides globally, today announced that Bulltick Capital Markets LP, one of the leading capital markets firms in the Latin American region, has joined the Fidessa connectivity network, one of the largest trading networks in the industry.
The move will allow Bulltick to provide an increased range of Latin American trading and execution services to Fidessa's global user base within the equities markets. The partnership will assist Bulltick, currently one of the top dealers of ADRs in the region, with trade flow and volume into Latin Americaâs diverse markets.
Alejandro Creixell, Managing Partner, Bulltick, stated: âAs international investors seek to increase their exposure in Latin American markets, we needed a world-class provider such as Fidessa to support rapidly growing requirements for our execution services. This partnership enables us to provide the most innovative solutions to the regional and global financial community.â
Alice Botis, Head of Business Development, Latin America at Fidessa, adds: âWe pride ourselves on partnering with firms like Bulltick: one of the industryâs most innovative players. We are seeing a huge surge of activity in terms of institutions joining our connectivity network in the Latin American region. With increasing numbers of buy and sell side firms predicted to set up operations in the region over the next two years, we are committed to ensuring our technology develops along with the market and its participants.â
Fidessa recently announced that it signed a deal to provide Celfin Capital in Chile with its hosted trading technology, and has also added more than 17 valued Latin American brokers to its connectivity network including: InterBolsa Comisionista de Bolsa, Agora CTVM S.A, BES Securities, Casa de Bolsa Finamex, Celfin Capita, Credit Suisse Hedging-Griffo, Fator Securities, Grupo Bursatil Mexicano, ICAP Brazil CTVM, Interacciones Casa de Bolsa, Itau Securities, IXE Casa de Bolsa, Santander Investment Securities, Planner Corretora De Valores, Terra Futuros Corretora de Mercadorias S/A and XP Investimentos.