ION has been registered as an Unbiased Instrument Dealer (ISV) with BSE, previously Bombay Inventory Change.
As a part of the transfer, ION’s Fidessa buying and selling platform is now qualified for money equities buying and selling on BSE.
After finishing the audit procedure, BSE has since qualified Fidessa as compliant with all related trade regulations and regulatory requirements, permitting trade contributors to make use of the platform for equities buying and selling on BSE.
A number of most sensible Indian agents already use Fidessa to industry or for connectivity out of doors of India. Consequently, this newest construction will improve the continuing expansion of Indian capital markets.
BSE was once established in 1875 and serves as Asia’s oldest inventory trade, with greater than 5,700 listings.
In the meantime, Fidessa provides order control, algorithmic buying and selling and possibility control, with a focal point on simplicity, reliability, and automation
“ION is thrilled that Fidessa is qualified for equities buying and selling on BSE,” mentioned Robert Cioffi, international head of equities product control at ION Markets.
“Already established as a depended on marketplace information supplier to agents and exchanges in India, the partnership with BSE additional strengthens ION’s place within the area, and unlocks Fidessa’s complete functions for trade contributors.”
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