FinanceMagnets
Published on 2026-03-26 | 16 days ago
ViewTrade and IDS Fintech Link Kuwait Brokers to US Markets via FIX Protocol
ViewTrade and
Kuwait-based IDS Fintech have completed Financial Information eXchange (FIX)
protocol certification, connecting the US trading technology provider's order
management infrastructure to IDS Fintech's platform and giving GCC
broker-dealer clients a path to route orders to American markets, the companies
said today (Thursday).The
certification uses the FIX protocol, a standardized electronic messaging
framework widely adopted in institutional trading, to link ViewTrade's systems
with IDS Fintech's VESTIO platform. According
to both firms, IDS Fintech clients can now access US execution venues without
replacing their existing technology stack. ViewTrade said the arrangement also
covers European and Asian markets alongside the US.The Kuwait
announcement fits into a broader pattern of cross-border connectivity deals for
ViewTrade. In February
2026, the company signed an agreement with Bruce Markets to allow financial
institutions across Asia and the Middle East to access US equities during
overnight trading sessions, an arrangement aimed at the same regional demand
for off-hours US market access.GCC Clients Get a Route to
US ExecutionHisham
Jomaa, chief operating officer of IDS Fintech, described the certification as a
"turn-key solution" for GCC banking and brokerage clients that want
to access US, European, and Asian markets while retaining IDS Fintech's
end-user tools.[#highlighted-links#] The company
already connects to global venues via Reuters Order Routing and LSEG, and holds
certified independent software vendor status for Boursa Kuwait. Jomaa said the
ViewTrade FIX link adds a native-protocol route alongside those existing
channels."Our
GCC banking and brokerage clients can now leverage IDS-FINTECH's advanced
end-user tools while benefiting from ViewTrade's extensive order management
capabilities across the US, Europe, and Asia," Jomaa said. "It's
about giving our clients a ready-to-go bridge to the world's most liquid
markets."Samer
Helbaoui, ViewTrade's vice president for Gulf Regional Growth, added the
certification "supports firms seeking flexible integration frameworks
aligned with widely adopted industry standards." Kuwait's Brokerage Sector
in the CrosshairsIDS Fintech
traces its technology lineage to parent company IDS and more than 30 years of
regional operations, and says it provides solutions to a substantial portion of
Kuwait's brokerage firms. Its VESTIO platform spans wealth management,
portfolio analytics, rebalancing tools, and multi-market online trading. The
company has been extending its footprint into the UAE in parallel with its
established Kuwaiti base.Kuwait and the
broader Gulf have attracted growing interest from international fintech and
trading infrastructure providers, with the country's sophisticated financial market and highly valued
currency making it a target for firms looking to capture institutional and
retail flows from the region's expanding investor base.ViewTrade
Builds Out Third-Party IntegrationsThe IDS
Fintech certification is the latest addition to a series of partnership-led
expansions ViewTrade has pursued across its open-architecture platform. The
company, which says it has served more than 300 clients in more than 30
countries over nearly three decades, rebranded its
technology arm as ViewTrade Technology Corporation in late 2024 while reporting $339 billion
in annual trading flow. Before
that, it partnered with
Israeli investment firm IBI Investment House in April 2024 to provide IBI clients with
international market access through its NextGen platform.On the
operational side, the two companies said the FIX link is designed to improve
straight-through processing from order entry through allocation and
confirmation, with fewer manual interventions and cleaner audit trails. Neither
firm disclosed data on expected cost savings or measurable performance
improvements from the certification.
This article was written by Damian Chmiel at www.financemagnates.com.
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