The connectivity enables Quant to receive CARE and DMA flow from over 2,400 buy-sides and 530 brokers that connect to Fidessa’s global network.
Jean-Pierre Baron, managing director of Fidessa Asia-Pacific, said: “We are continuing to invest heavily in our global connectivity network and are delighted that Quant’s Indian market expertise is now available to all our clients, many of whom are keen to capitalise on India’s dynamism and potential, and take advantage of DMA access which has recently been permitted by the Indian stock exchange.”
Sandeep Tandon, MD and CEO of Quant Capital, said: “We anticipate significant demand for DMA and algorithmic trading for the Indian market in the near future. We are excited to partner with Fidessa’s global platform to reach out to a global client base and take our business to the next level.”
Quant Capital offers a range of products and services, including global wealth management, equity and commodity broking and advisory services, and in-depth quantitative, fundamental and behavioral research. Quant Capital is backed by its parent company, Reliance Capital of Reliance Anil Dhirubhai Ambani Group.
