October 26, 2010

Fidessa group, which builds trading systems and provides market data to the buy-side and sell-side, announced that Sao Paulo-based discount brokerage Alpes has joined its connectivity network.

The move means Alpes will be able to provide an increased ranged of Brazilian trading and execution services to Fidessa’s global user base within the equities, futures, and options markets, Fidessa said in a statement. In turn, Alpes will gain greater exposure to a wide range of market players across the globe.

“We are seeing a huge surge of activity in Brazil at the moment and Alpes’ addition to our community is a further demonstration of the growth of the Latin American region and its position on the world stage,” Alice Botis, Fidessa’s head of Latin American business development said in a statement.

ABOUT THE AUTHOR
As the Senior Editor of Advanced Trading, Justin Grant plays a key role in steering the magazine's coverage of the latest issues affecting the buy-side trading community. Since joining Advanced ...