Fidessa claimed that the NFS gateway would provide high-speed market access and is particularly attractive to high-frequency or algorithmic traders, enabling them to take advantage of the 98% reduction in order processing time and around 200% increase in throughput.
David Jenkins, business solutions manager of Fidessa in Asia-Pacific, said: “The gateway will help accelerate the take up of algorithmic trading in the Korean markets and provide opportunities for new trading strategies. This pioneering interface complements Fidessa’s existing suite of pan-Asian gateways, as well as improving access to the equities and derivatives markets within the Korean exchange.
“The last 12 months has been a time of rapid acceleration for Fidessa in Asia-Pacific, particularly with regard to connectivity. Fidessa remains committed to providing the widest possible range of opportunities to trade in the region, opening up new markets and geographies with its highly scalable and robust low-latency technology.”
