The move gives Fidessa’s community of 2,400 buy-sides and 550 brokers trading access to Israel’s only stock market.

Excellence Nessuah head of Institutional Sales Daniel Goldstein said Fidessa’s network is the pre-eminent system in the marketplace, and its size, scale, reputation and robustness speak for themselves.

"It touches many areas with which we would wish to be involved and, as the gateway to TASE and the Israeli market, we gain access to multiple counterparties who are interested in the services we have to offer. Being a member of the Fidessa network opens up opportunities that otherwise may not have existed," Goldstein said.

Fidessa’s connectivity network links more than 2,400 buy-side institutions to more than 550 brokers and 140-plus markets across EMEA, Asia Pacific and the Americas.