• 23 May, 2025

ION wins "Best algo trading solution" at WatersTechnology Asia Awards 2025

ION wins

LONDON, May 23, 2025 -- ION, a global leader in trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates, announces that its Fidessa Algorithms has won "Best algo trading solution" at the WatersTechnology Asia Awards 2025.

The WatersTechnology Asia Awards celebrate excellence in the deployment and management of financial information and technology within Asia's capital market community. Fidessa Algorithms stood out for enabling brokers to meet rising demand for advanced algorithmic trading without the cost and complexity of building their own solutions.

As algorithmic orders dominate global equities trading and become increasingly critical in Asian markets, brokers are under pressure to handle high volumes and support complex execution strategies. While offering algorithmic orders is an essential requirement, building their own algos is expensive and difficult. Maintaining these algos to remain compliant with changing exchange and regulatory standards can also be a major overhead. Third-party algo tools offer a potential solution, but brokers need to ensure that such tools are effectively integrated into their existing workflows and allow them to differentiate their service.

Fidessa Algorithms addresses these challenges by offering a fully integrated suite of customizable trading strategies, seamlessly integrated into the Fidessa trading platform, reducing maintenance costs and avoiding reliance on external tools. It empowers firms to offer a consistent service by using the same algorithms across multiple venues, and also provides real-time performance monitoring. Fidessa Algorithms helps users to automate workflows, boost execution performance, stay compliant, scale efficiently, and stand out in a competitive market.

Robert Cioffi, Global Head of Equities Product Management, ION Markets, says, "We are honored to be recognized as the 'Best algo trading solution' at the WatersTechnology Asia Awards. In a dynamic and complex market environment, investors have increasingly sophisticated demands for execution. Fidessa's integrated suite of algo trading strategies empowers our customers to deliver a rich, consistent service while controlling their costs."

About ION

ION provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporate organizations. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their businesses for sustained success through continuous innovation. For more information, visit https://iongroup.com/.

About ION Markets

ION Markets provides transformative technology and solutions to financial institutions dealing in equities, fixed income, foreign exchange, cleared derivatives, asset management, and secured funding. Our award-winning end-to-end solutions simplify clients' operations by automating the full trade lifecycle, providing tools to manage risk, and maximizing access to liquidity, while giving real-time access to critical information required for timely operational decisions and execution on a global scale. For more information, visit https://iongroup.com/markets/.

About WatersTechnology Asia Awards 2025

The WatersTechnology Asia Awards recognise excellence in the deployment and management of financial information and technology within Asia's capital market community as well as providing a unique opportunity for companies across the industry to gain valuable recognition and kudos. Winning a WatersTechnology Asia Award sets you apart from your competitors and is a tangible accolade that demonstrates to your clients and peers that you have excelled within your sector. For more information, visit https://events.waterstechnology.com/watersasia-awards.

All product and company names herein may be trademarks of their registered owners.

This News is brought to you by Qube Mark, your trusted source for the latest updates and insights in marketing technology. Stay tuned for more groundbreaking innovations in the world of technology. 

PR Newswire

PR Newswire empowers communicators to identify and engage with key influencers, craft and distribute meaningful stories, and measure the financial impact of their efforts. Cision is a leading global provider of earned media software and services to public relations and marketing communications professionals.