Fidessa Taps Paul Dex as its Business Development Manager – EMEA

Fidessa group plc (LSE: FDSA) has appointed Paul Dex as its newest Business Development Manager for its derivatives business in Europe, Middle East, and Africa (EMEA), according to a Fidessa statement.

In his new role as the Business Development Manager, Mr. Dex will be based out of Fidessa's London office. He joins Fidessa after a lengthy career in senior sales, market, and product development roles.

Prior to Fidessa, Mr. Dex worked for over a decade at LIFFE, having run the exchange's global education program. Additional roles at the exchange also included stints as its head of front-office Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term business for SEB Futures globally.

According to Justin Llewellyn-Jones, Global Head of Derivatives at Fidessa, in a recent statement on the appointment, "With a growing number of customers recognizing the value we bring in simplifying their workflows, Fidessa is dedicated to providing them with the advanced execution capabilities they need to operate in today's highly complex derivatives markets.”

“We're really pleased to have Paul on board and this strategic hire is further demonstration of our commitment to investing in the highest levels of expertise across our derivatives business,” he added.

"I have always admired Fidessa for its innovative technology, the strength of its front- and middle-office workflow platforms and its talented people. I look forward to bringing the skills and experience I have acquired over the past twenty years to help support our continuing success in the global F&O space," noted Mr. Dex in an accompanying statement.

Fidessa recently made headlines this October when it extended its existing partnership with CIMB Securities (CIMB), an international securities arm of ASEAN’s universal banking groups. The augmented partnership has focused on the provision of regional growth to CIMB’s derivatives Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term. More specifically, this has included lower latency access to Asian derivatives markets via the group’s colocation capabilities with the SGX.