Trading, investment management and information solutions provider Fidessa group has unveiled the Fidessa Fragmentation Index (FFI) and Fragulator tools for Australia. These tools offer users the critical analysis required to completely understand liquidity fragmentation in the new multi-market landscape and to utilize opportunities, trade effectively and achieve best implementation within it.
Traders can get from the FFI a simple number that indicates the extent of fragmentation of trading in a specific stock or index, which in turn can help understand the number of venues a trader needs to visit for best execution. The Fragulator then provides more detailed assessment of exactly where trading in a particular stock or index took place, including analysis across the spectrum of lit, dark and over-the-counter markets.
Click here for the release from Fidessa.