Imported from previous forum
[ original email was from David N.W. Sawyer - david.sawyer@radianz.com ]
FIDELITY CAPITAL MARKETS JOINS RADIANZ’S GLOBAL FINANCIAL COMMUNITY
–RadianzNet Helps Enhance Fidelity’s Global Electronic Trading And Connectivity Platform–
NEW YORK (Sept. 17, 2002) - Radianz today announced that Fidelity Capital Markets, the institutional trading arm of Fidelity Investments, has connected to Radianz’s global financial extranet, RadianzNet, to facilitate Financial Information eXchange (FIX) connectivity and electronic trading services for its institutional clients worldwide.
Radianz’s existing global presence and client connectivity further strengthen Fidelity Capital Markets’ existing electronic trading and connectivity platform because RadianzNet is a Cisco Powered Network already operational with thousands of customers connected.
FIX is a standard industry protocol that facilitates straight-through processing (STP) of trading-related messages by enabling different trading systems to communicate with each other. It was originally introduced by a consortium of buy- and sell-side firms in 1993 and has become one of the prevalent standards in global electronic trading. RadianzNet is an open standards, Internet Protocol network that supports the transport of multiple trading message formats including FIX, XML/ISO 15022, ISITC, and other proprietary protocols.
Bill Hebert, vice president and director of Strategic Development and Connectivity for Fidelity Capital Markets said, “By strategically aligning with preferred network providers such as Radianz, Fidelity is able to offer
its clients technology solutions that are compatible with their preferred trading systems. This open-systems approach is another example of Fidelity’s commitment to leveraging technology to provide its clients with
seamless, accurate and efficient trade execution.”
Chris Church, executive vice president and head of Global Sales and Marketing for Radianz said, “The addition of Fidelity Capital Markets to Radianz’s global financial community underscores the demand for our services from throughout the financial industry. Having Fidelity Capital Markets as a customer also adds a leading financial firm to our global financial community. This is in addition to the many buy- and sell-side firms, and content providers that are using RadianzNet to distribute and access content and financial e-commerce applications.”
About Radianz
Radianz (www.radianz.com) is an independent company with the world’s largest Internet Protocol (IP)-based network for the global financial services industry. The company uses its network to provide superior IP connectivity and hosting services designed to meet the demands of professionals in the finance community. Radianz was established by Reuters (RTR.L) and Equant (NYSE: ENT) (Euronext Paris: EQU).
Radianz and the lighthouse logo are the trademarks of the Radianz group of companies.
CONTACT:
Radianz
Marty Filipowski
+1.212.415.4678
marty.filipowski@radianz.com
Notes to editors:
Fidelity Capital Markets, Fidelity and Fidelity Investments are independent companies and are not affiliated with Radianz.
Fidelity Capital Markets is a division of National Financial Services, LLC, Members NYSE, SIPC.
Fidelity and Fidelity Investments are registered trademarks of FMR Corp.
Radianz offers peer-to-peer FIX services through its rFIX product line. Radianz also offers access to a full range of FIX services directly from providers in its global financial community of interest, including FIX messaging hubs, FIX ASP services, and FIX testing, certification and translation.