Fidessa Launches Tradalyzer for Canadian Marketplace

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Tradalyzer has been updated for Canadian markets, following its European launch.

Fidessa has gone live with a free tool that measures individual trades and trading strategies across Canadian liquidity venues.

Tradalyzer allows users to input specific parameters on trades to generate a graphical report, showing how that trade performed against the consolidated market during that period using daily data. Having already been deployed for European markets, the tool now offers functionality for Canadian exchanges, alternative trading systems (ATSs) and dark pools.

"As the Canadian marketplace becomes increasingly fragmented, it is even more important to develop a strong community and provide free unbiased analysis tools for this marketplace," says Martin Hakker, CEO at Fidessa Canada corporation. "Fidessa has expanded upon the Fragulator and will continue to create tools that add value to the entire community. The Tradalyzer gives everyone the same objective view of what is happening in the marketplace. The format and content of this view is unique to Fidessa, but the data is available to everyone."

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