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LSE and Fidessa agree SOR systems
21 April 2009
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Trading and Technology LSR MTF Fidessa Baikal
Baikal, the London Stock Exchange's forthcoming pan-European dark pool Multilateral Trading Facility (MTF) and liquidity aggregation service, has partnered with Fidessa, an independent provider of global trading and market data, to develop its order management and smart order routing technology.
Fidessa is among other partners picked for the system, including BNP Paribas Securities Services and QuantFEED.
Baikal said it chose Fidessa because of the robustness and ultra low latency of its technology, its ability to meet challenging time scales and for the size and...
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