Daiwa Connects to Fidessa's Korean Platform for Equity Trading

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Fidessa's Korean platform becomes bank's base for Asian trading.

Fidessa's trading platform selected to act as the hub for financial services group's pan-Asian initiative.

Daiwa Securities, the Tokyo-based financial services group, has connected to Fidessa's trading platform in Korea to support domestic and international order flow for its equity trading business.

Daiwa will use the platform to support order flow throughout the rest of its Asian operations, which includes Hong Kong, Singapore and Taiwan.

"Like elsewhere, regulators are driving change in the Korean trading and investment markets," says John Zendano, managing director of IT at Daiwa Asia─Oceania. "Experience tells us this could significantly affect our operating environment and we need to be ready to adapt to this."

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