Fidelity Investments is planning to unveil ATP BETA, an updated version of its Active Trader Pro platform, Traders Magazine has learned.
“We’re committed to continually enhancing the ways our customers trade with us. We know our active traders are looking for a trading platform that brings even more real-time insights and analysis together with a streamlined trade execution experience, and we expect they’ll find that with the new Active Trader Pro platform,” a Fidelity spokesperson told Traders Magazine.
A source familiar with the matter said that the new platform is being built from the ground up with a cutting-edge framework to deliver the speed and reliability needed for streaming market data, high-volume trading, and third-party integrations.
Fidelity takes a multi-channel approach to solutions for their active traders: a mobile experience, a Trading Dashboard on Fidelity.com, and Active Trader Pro (ATP), its downloadable desktop solution for their sophisticated traders.
Active Trader Pro offers a full range of trading functionality for equities, ETFs, mutual funds, and options.
“Many of our active traders use Active Trader Pro alongside our mobile app and web-based Trading Dashboard experience to execute their trading strategies,” said a Fidelity spokesperson.
“Over the coming months, select groups of customers will be enabled to join the new Active Trader Pro Beta experience based on their trading patterns and the specific toolsets that are ready,” a spokesperson added.
A source familiar with the matter added that ATP BETA combines robust performance upgrades, particularly a native build for MAC users, and delivers advanced features and usability.
New features include enhanced charting and an improved layout experience.
In the future, ATP BETA will be expanding features and functionality driven by the firm’s customers’ feedback.
Advanced options trading is in the roadmap for next year for Fidelity along with added research and analysis features.