ION, a provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, announces that it is now registered as an Independent Software Vendor for algorithmic trading on BSE (formerly Bombay Stock Exchange).
The registration allows exchange members to use the algorithmic trading functionality of ION’s Fidessa trading platform on BSE.
This milestone follows ION’s approval as an equities trading vendor on BSE in June last year, and further strengthens ION’s commitment to supporting the evolving needs of the Indian capital markets.
BSE has certified the Fidessa trading platform’s integrated suite of algorithms as compliant with exchange rules, regulatory standards, and risk management requirements. Fidessa’s comprehensive trading solution brings significant advantages to traders in India’s markets, where algorithmic trading currently drives over…
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