Fidelity Adds Conditional Orders to Service Bureau

john-donahue-fidelity-large
John Donahue, head of equities, Fidelity Capital Markets.

Debuted earlier this year, Service Bureau now boasts 15 of the 50 largest buy-side firms as clients. And because the service is free, it hasn't made a direct penny on any of them.

Service Bureau essentially provides a smart order router for any buy-side desk that wants greater control over its orders without having to invest the capital to build and operate one itself. Because it is a value-added free service of the technology division─not the broker-dealer division─it is only available to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

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.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here