ION launches Fidessa Spotlight to improve global equities trading performance

June 19, 2023
by

ION, a global leader in trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, has developed technology to help heads of execution reduce business costs. As traders come under face pressure to deliver more accurate results in an increasingly demanding industry, Fidessa Spotlight will enable them to unify operations, simplify workflows, and boost efficiency to grow their business.

The slowdown in equities trading and capital raising has hit revenues worldwide, driving businesses of all sizes to look for advanced technology solutions. With the algo accessible to companies operating globally, Fidessa Spotlight will help enterprises streamline processes through new hierarchical model-building features.

Chiefly, Fidessa Spotlight offers traders access to dark volume while maintaining order in other third-party algorithms, drastically reducing market impact for all buy-side clients of head traders. It equips CIOs and CTOs looking to grow their businesses, allowing them to unlock contingent volumes while maintaining cycle or spray orders on lit, dark, and conditional venues. Traders can also shape and modify the model using static data changes to control slice release finely across venues worldwide.

By implementing Fidessa Spotlight, heads of execution tackling increasingly complex regulatory and reporting obligations will benefit from higher commission and better trading performance, with the power to increase their block size without adverse market impact.

William Cline-Thomas, Senior Product Manager at ION Markets, said: “For buy-side equities traders facing increased complexity and liquidity challenges, it’s fantastic to welcome a dynamic solution that will revolutionize trading across global markets through reliable and efficient automation technologies.”

Sandeep V. Sabnani, Head of Equities Product Strategy and Growth at ION Markets, said: “Customers are at the center of our product strategy. We are excited to introduce a global solution capable of unlocking more liquidity and improving equities trading performance across the market.”

About ION

ION provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their businesses for sustained success through continuous innovation. For more information, visit https://iongroup.com/

About ION Markets

ION Markets provides transformative technology and solutions to financial institutions dealing in asset management, cleared derivatives, equities, fixed income, foreign exchange, and secured funding. Our award-winning end-to-end solutions simplify clients’ operations by automating the full trade lifecycle, providing tools to manage risk, and maximizing access to liquidity. All while giving real-time access to critical information for timely operational decisions and execution on a global scale. For more information, visit https://iongroup.com/markets/.

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