Fidessa Adds Access to Instinet's KoreaCross
Fidessa group has added connectivity to Instinet’s KoreaCross, the Korean market’s first securities crossing network. KoreaCross, which launched in April, provides institutional investors with an anonymous, neutral and zero market impact platform for the pre-market trading of Korean equities. The service is owned and operated by global agency broker Instinet, with Korean investment bank Samsung Securities acting as the local broker sponsor and providing clearing and settlement services, as well as domestic order flow. Fidessa already provides access to several of Instinet’s alternative trading systems around the world – including Chi-X in Europe and Canada, JapanCrossing and CBX Japan – through the Fidessa trading platform, Fidessa LatentZero EMS Workstation and Fidessa LatentZero Minerva buy-side OEMS.