The Fidessa Markets in Financial Instruments Directive (MiFID) product suite provides services that cover five key areas. The first, Fidessa Epoch, provides execution policy, order compliance and handling functionality and is available as an independent service to non-fidessa platforms or fully-integrated into the existing Fidessa trading solutions. The other MiFID services are Virtual market view, Smart order routing, Trade reporting, and Client classification.
Fidessa is also releasing a series of MiFID related upgrades to existing exchange gateways and data feeds such as Deutsche Borse’s new Xetra trade reporting facility and links to new venues such as Chi-X and Project Boat.