Fowtradedata is integrating Fidessa Group’s instrument codes into its identifier mapping service Xymbology for the futures and options market, Finextra reports. Fidessa futures and options identifiers will be offered via the Xymbology service to user firms to boost efficiency of trade processing of futures and options contracts.
The initiative offers firms utilizing Fidessa’s global order management and distributed low-latency execution platform the cross-reference needed to translate between Fidessa symbols and other symbols used in the market. Xymbology service develops its portfolio of instrument identifiers used by market data vendors using collaboration with key providers in the futures and options space.
Click here for the story from Finextra.