Exceptional trading, investment and information solutions for the world's financial community.

New technology, new regulation, new challenges: making money in today's financial markets is all about staying ahead of the curve. Having the capability to spot new trends and act fast turns change into opportunity. That's why 85% of the world's premier financial institutions trust Fidessa to provide them with their multi-asset trading and investment infrastructure, their market data and analysis, and their decision making and workflow technology.

It's also why $15 trillion worth of transactions flow across our global network each year. Because we're the market leader, we can also offer unique access to the world's largest and most valuable trading community of buy-side and sell-side professionals, from global institutions and investment banks to boutique brokers and niche hedge funds.

Fidessa is a global business with scale, resilience, ambition and expertise. We've delivered around 25% compound growth since our stock market listing in 1997 and we're recognised as the thought leader in our space. We set the benchmark with our unrivalled set of mission-critical products and services and, uniquely, serve both the buy-side and sell-side communities. Ongoing investment in our leading-edge, integrated solutions ensures Fidessa remains the industry's number one choice.

http://www.fidessa.com/

The FTSE 250 group fell after reporting lower equity volumes.

Dealers across the Square Mile have been lamenting low trading volumes and today Fidessa provided further evidence of the slowdown that has hurt stockbrokers.

The FTSE 250 trading software group cautioned investors that full-year revenue would be flat as the tough stock market conditions continued unabated. The shares fell 31p to £13.41 on the news.

“The challenges in the financial markets have gone on longer than most observers were expecting with third-quarter equity market volumes dropping further,” the company said. “This has resulted in Fidessa’s customers becoming yet more cost constrained and it seems unlikely that there will be significant improvement in the short-term.”

The group also said that margin is likely to be slightly lower than in recent years and added that the company’s growth in derivatives markets would be offset by the problems in equity markets.

The financial software and services company Fidessa Group (Other OTC: FDGRF.PK - news) plumbed a new 52-week low of 1,317p today, though it regained a few pennies to stand at 1,321p at the time of writing. The firm has suffered from falling demand, saying at the time of its last update on 22 October that "(t)he challenges in the financial markets have gone on longer than most observers were expecting with third-quarter equity market volumes dropping further" and that there is unlikely to be any short-term change.

With updated analysts' forecasts expected soon, it seems unlikely we'll see a full-year dividend of much over 2%.

Recovering well

:-))

Put this on For those interested -


Panmure Gordon has raised its target price for trading systems developer Fidessa from 1,243p to 1,396p, following the forecast-beating final results released Monday.

However, the broker has retained its 'hold' recommendation on the shares, saying that the stock is still "too expensive and the halcyon days are long gone".

Just read in todays mail - Fidessa 'claims worst is over'

Chris Aspinwall has a good feel for the market and he should have. He is chief executive of software group Fidessa whos systems are responsible for trading almost 75% of the shares, bonds, derivatives and other securities bought and sold in london.
Yesterday he said that in recent weeks the strongest sentiment in equity markets for five years could signal a return to more stability among its customers.In other words, the worst is over and he sees plenty of blue skies ahead.
Aspinwall added 'while it was to early to know whether this was a turning point a floor would eventually be reached in the decline of equity markets.

Fidessa: Credit Suisse increases target price from 1782p to 2213p and retains an outperform rating.



Incredible recovery

LONDON (ShareCast) - Fidessa shares soared after Credit Suisse (NYSE: CRP - news) increased its target price from 1,782p to 2,213p and retained an outperform rating.

Fidessa Group (LSE: FDSA.L - news) : JP Morgan initiates with a target price of 2002p and a neutral rating.

Fidessa shares hit

15 April 2013 | 10:52am

StockMarketWire.com - Shares in Fidessa Group were down nearly 9% by mid morning in London after it said that, as expected, the attrition and pricing pressure seen during last year has continued into the first quarter which, in the short-term, makes it challenging for the company to deliver the growth levels it has previously seen.

It reported that it continued to deliver a solid performance during the first quarter with the growth from derivatives platforms, service based platforms and regional expansion offsetting the headwinds created by market conditions.

Fidessa added that it has seen good development in its pipeline and has continued its investment programme, expanding its capability across asset classes, services and regions.

At 10:52am: [LON:FDSA] share price was -102p at 1786p

Fidessa Group (LSE: FDSA.L - news) : Sanlam Securities takes target price from 1775p to 2000p and keeps a buy recommendation.

Trading statement Wed 8 May

EX dividend - 08 May 2013 Fidessa Group PLC (45 P)
08 May 2013 Fidessa Group PLC (24.5 P)

Fidessa: Sanlam Securities increases target price from 2000p to 2340p and stays with a buy recommendation

Fidessa Group PLC (FDSA:LSE) set a new 52-week high during today's trading session when it reached 2,121. Over this period, the share price is up 38.00%.

10 Jul Barclays... 2,500.00 Overweight

19 Jul Sanlam... 2,340.00 Buy
18 Jul JP Morgan... 1,757.00 Underweight

25 Jul Sanlam... 2,340.00 Buy

Half Yearly Report


Highlights for the period ended 30th June 2013:



· Strong multi-asset revenue growth and first global roll-outs of new derivatives platform.

· New derivatives signings including one with a large US bank.

· First signs of improving conditions in customer markets.

· Good growth delivered through regional expansion, with 57% of total revenue now accounted for outside of Europe.

· Good cash generation, with £50.3 million cash balance after dividend payments of £25.8 million.



http://www.moneyam.com/action/news/showArticle?id=4639792