Fidessa Powers Daiwa Trading

Daiwa Capital Markets America has gone live with a U.S. hosted trading platform from market connectivity and trading platform provider Fidessa, according to vendor officials. Daiwa Capital Markets America is using Fidessa’s order management function and will also be using benchmark and execution algorithms built into BlueBox, Fidessa’s algorithmic trading engine. Fidessa’s trading platform is comprised of specialist trading platforms that include electronic order management, smart order routing

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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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