Solutions Providers Grow from Cross Bordering Trading
With cross border trading a natural outgrowth of the globalization of financial markets, electronic trading and ECNs are rapidly rising which means opps are certainly geared towards the tech minded and many leading trading platform providers are expanding operations in response. For instance, Fidessa Canada, a trading and portfolio analysis solutions provider, is adding to its FX trading solutions.
Strategic appointments are another key sign of the growth of company operations, such as the ones at Fidessa Group's European operations.
For now, the company hiring is throughout the U.K., the U.S., Canada, Tokyo, and Hong Kong. Meanwhile, FXall, an independent electronic platform provider, recently added an Asian lead executive, as well as a chief information officer.
Exchange developments are also helping solutions providers. The London Stock Exchange announcement of plans to develop an international trading network is sure to bring job offers for tech personnel in-house, as well as outside vendors.
trading links between the stock markets of Malaysia, the Philippines, Singapore and Thailand. The goal is to drop the cost of cross border trading.
ASEAN expects to add Indonesia and Vietnam to the system by 2013. According to reports, vendors are currently being considered for infrastructure development. Look to those vendors for additional tech opportunities. Stay tuned for the announcement.