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Fidelity Thinks STP

STP SPECIAL REPORT

Still building proprietary systems and still ahead of the game, Fidelity Capital Markets plans to beat the 2004 deadline to T+1. No, it’s not relying on its parent to get it there.

By

Daniel Safarik

Fidelity Investments has long been one of the most vocal players on the Street. It’s encouraged automation, standards-based connectivity and speed of execution in response to industry changes that have driven IT spending on the buy and sell sides.

Not surprisingly, the firm’s brokerage arm, Fidelity

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