CastleOak Securities upgrades to Fidessa

CastleOak Securities, the New York-based boutique investment bank, is live on Fidessa's hosted trading platform in the US. According to Fidessa, the agency broker is also using Fidessa's trading tools for basket trading and the vendor's BlueBox for algorithmic trading. The Fidessa trading platform is designed to deliver STP from order inception to trade confirmation and can be scaled to meet customers' individual needs. For algorithmic trading, Fidessa BlueBox offers CastleOak Securities a suite

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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