Fidessa group plc (LSE: FDSA) today announced that Sinolink Securities (Hong Kong) Co Ltd., a wholly-owned subsidiary of Sinolink Securities Co Ltd., has implemented Fidessa's trading platform for its international equities business.
Sinolink (600109.SS) is listed on the Shanghai Stock Exchange and headquartered in Sichuan with extensive business operations across China. It provides comprehensive brokerage services in securities, funds, bonds and warrants, as well as a range of investment and asset management services. Fidessa was selected to support Sinolink's growing equities trading business.
A spokesperson for Sinolink commented: "We aim to offer the best possible international services to our clients. Implementing Fidessa's comprehensive order management system and smart trading capability represents a strategically significant move for us and we are very excited about the value this new platform is already bringing to our clients. As a proven solution underpinned by a solid global infrastructure, Fidessa provides the functionality we need now and aligns with our ambitious business growth plans for the future."
Peter Lam, Sales Director at Fidessa Asia, added: "It is our great pleasure to welcome Sinolink to our equities trading community. This latest success validates our broader strategy to assist Chinese firms that are looking to expand into international markets via Hong Kong. Key to this is providing them with the high performance trading capabilities and the quality of service that they, and their international clients, expect. We are already supporting twelve other Chinese brokers in this way and look forward to adding further to this number."
With more than 50 clients using its platform across Asia, Fidessa is the primary vendor of choice in the region as more and more firms seek a powerful workflow solution to support their increasingly complex trading operations. Underpinned by a fully resilient infrastructure, Fidessa's multi award-winning platform offers a wide range of features including FIX order capture, monitoring of client order performance, IOIs, pairs, algorithmic trading, basket trading, internalisation, pre- and post-trade risk management, trade analytics and sophisticated charting.