Fidessa OMS Offers Users ATG's Brazilian Algos
Algos hosted in Equinix data centers close to the BM&FBovespa exchange.
ATG's algos are hosted in Equinix data centers, which are close to the BM&FBovespa exchange in São Paulo.
Users of ATG's algos can pick one or more local market participants for direct market access (DMA) to the exchange. ATG has over 25 local broker relationships in place.
"We are always looking to provide our users with the best and widest variety of execution services, no matter what part of the world they need to trade in," said Nigel Holmes-Mitchell, senior vice president of product marketing for electronic execution at Fidessa, in a statement. "With the increasing importance and interest in trading across Latin America, the need for sophisticated and locally-sourced algos and execution services is something our users are asking for.
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