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Market connectivity and trading platform provider Fidessa has released a version of its trading platform to meet the specific needs of the Brazilian market, vendor officials announced today, July 12.
"We have tropicalized the platform for use in the Brazilian marketplace in response to these demands, and applied our resources to ensure that our platform is able to meet current requirements and stay ahead of future changes as they happen," says Alice Botis, head of business development, Latin America, at Fidessa.
The vendor worked closely with BM&F Bovespa staff to understand the local market requirements and make the necessary changes to Fidessa's trading platform.
"As a result, the Fidessa platform is able to perform all the complex middle-office charge calculations that are required, as well as support the trade of odd lot or mixed lot orders, real-time auction monitoring and many other market-specific demands," says a Fidessa spokesperson.
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