Fidessa set to expand derivatives with new hires

Fidessa group provider of high-performance trading, investment management and information solutions for the world’s financial community, has today announced its continued growth in the futures and options space with strategic personnel hires. Fidessa added two seasoned industry veterans to the team with expertise in the financial technology and derivatives trading space. Yuriy Shterk joined as Senior Product Manager and Michael Wilkins as Trader Support Specialist.

Mr. Shterk assists with the design and implementation of new products and services for Fidessa’s local and global customers. Mr. Wilkins has taken on a proactive client service role, offering training and assistance on Fidessa’s futures and options platform. Mr. Shterk comes to Fidessa from CQG, where he was most recently Vice President of Product Strategy. Prior to Fidessa, Mr. Wilkins served as a pre-sales executive for SunGard Global Trading and as a training manager at Orc Software.

Dan Smalley, Head of Derivatives Business Development at Fidessa US, comments: “As Fidessa deepens its commitment to the derivatives industry, we are delighted to announce these key new hires. They will help us build upon our success in the global derivatives space as we continue to provide products that evolve with the marketplace and deliver world class service. The Chicago office and its co-located Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term infrastructure is a vital extension to Fidessa's vast global Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term and sell-side network, and it underscores our dedication to the long-term viability of the derivatives space.”

Fidessa’s powerful, global trading network connects 3600 participants and extends across around 200 venues in the Americas, EMEA and Asia, including more than 34 derivatives exchanges, and carries the order flow of more than US $800 billion each month.