Fidelity opens up corporate actions database to buy side

Wealth Management

BOSTON – Fidelity ActionsXchange has rolled out ActionsWatch, a desktop tool that allows investment managers, hedge funds and broker-dealers to access the firm’s database of corporate actions information for specific securities. Fidelity ActionsXchange is the corporate actions processing unit of Fidelity Capital.

ActionsXchange’s database draws corporate actions information from more than 1 million securities from multiple sources.

ActionsXchange director Bob Mercer says the corporate actions

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