Marex Will Use the ION Fidessa Solution to Manage Their Equity Market Making Business for European Flow
- Risk Management
- 21.04.2021 04:00 pm
ION, the largest global provider of trading, analytics, and risk management solutions for capital markets, commodities, and treasury management, announced that Marex, has chosen the ION Fidessa Equity Trading Platform to grow their European equity market making business.
Marex is a leading broker, market maker and clearer in the world's financial and commodities markets. A market leader across the metals, energy and agricultural commodities markets, the firm is now looking to expand their equities offering in Europe.
Paolo Tonucci CFO and COO of Marex commented: “We’ve been partnering with the ION team since 2006 for our global commodities franchise and they were the logical choice for us as we expand into equities market making. The ION Fidessa trading platform is a market leader in the equities space and is very much the platform of choice for the industry”.
Justin Hobday, ION Markets Equities Chief Technical Officer, added, “We’re delighted that Marex has chosen our solution to introduce their Equities offering in Europe, providing institutional and RSP services”.
ION’s Fidessa Equity Trading Platform delivers an award-winning equities platform comprising comprehensive market making tools, access to the RSP network, and trading and risk tools in one unified solution with a strong focus on automation, simplicity and reliability.