Download - FEAS

FEDERATION OF EURO-ASIAN STOCK EXCHANGES SEMI ANNUAL REPORT OCTOBER 2005
The Workstation is a reflection at the front
end of the whole seamless GL STREAM
front- to back-solution and represents the
concentration of all of GL TRADE’s expertise
into a single trading system. The Workstation
combines the previously separate OMS and
trading worlds into a single workspace and
sets a new standard for order flow
management. The creation of a single OMS
and trading technological environment helps
simplify the implementation of the GL
STREAM solution.
Many previously segregated features, such
as those found in MSTS or Davidge
products, are now available in a single
package to all GL TRADE customers
wherever they are located. This offers
numerous advantages.
GL STREAM Workstation is faster than the
legacy products at routing orders, trading
and then monitoring deal flow. It is also far
more powerful and flexible, giving clients the
ability to develop their businesses further in
the way that they want.
Both client and proprietary orders can now
be managed in a single window. The GL
STREAM Workstation can incorporate any
of the powerful functions offered by GL
TRADE, such as, sales to dealer workflow,
order allocation for differentiation between
client and proprietary orders, position
keeping and profit and loss reporting. It can
receive, transact and monitor exceptionally
large orders and it can carry out all of these
tasks across multi-asset classes with
dedicated tools for program and algorithmic
trading, basket trading or market making.
GL STREAM Workstation is a totally flexible
solution and sets the standard for a new
generation of front ends. However, as it is
built on the GL WIN architecture, which is
likely to remain the dedicated tool for many
trading specialists, it cuts the time clients
will need to spend familiarising themselves
with the platform.
In summary, GL STREAM Workstation
delivers a single functional environment at
the front end, which combines the vast array
of competence and expertise that GL TRADE
possesses. It delivers a solution that really
allows users to plug & play extremely
advanced trading and order management
tools, incorporating value-added modules,
such as those for program or algorithmic
trading and advanced market making
functionalities. It is suitable for all market
CONTACT INFORMATION
participants from the buy side to sell side,
from salespeople to traders, and compliance
officers and risk managers.
Looking to manage your order
flow with only one technology?
A true global provider to the financial
community
GL TRADE is what is called an ISV
(Independent Software Vendor). The Group
provides the financial community with
Trading & Order Management Software,
Settlement, Network, Market Data, Risk
Management solutions and Services to cover
the entire order flow from the Buy Side to the
Sell Side and to the back office.
GL TRADE was created 18 years ago and is
one of the pioneers in electronic trading
solutions. As a leader in its field GL TRADE
is the only provider to offer access to more
than 100 electronic cash and derivatives
markets worldwide and to offer a true front to
back office solution, GL STREAM.
Trading better and faster
Technology provided by GL TRADE offers
an enhanced access to derivatives and
equities markets and allows faster order
routing and market data transmission. The
development of technology improves
transparency and provides deeper liquidity.
Electronic solutions permit brokers to reduce
costs and operational risks on the markets
they trade on.
The main basic need whether you are a
broker or an exchange, is to maintain and
increase margins. Speed is essential and
can be achieved through for example;
automated trading, Fix messaging, Direct
Market Access offered by exchanges etc…
Connectivity is another important issue,
combining several data feeds into a single
trading strategy is crucial. In the mean time
technology has to remain flexible, in order to
react, adapt and integrate rapidly to new
standards.
GL TRADE provides access to over 100
markets worldwide. GL TRADE covers more
than 350 000 instruments and provides
dedicated trading systems for equities and
derivatives including clearing & settlement
solutions to answer derivatives post-trade
management and back office requirements.
GL TRADE also offers a “Smart order
routing” technology allowing brokers to
instantly decide where to trade more
efficiently.
Contact Name Mr. Umit Akbulut E-mail uakbulut@gltrade.ch Website www.gltrade.com
Anticipating markets trends
Even if Pit trading will one day disappear to
the benefit of electronic trading, we can say
that the environment itself is evolving
technically. The job of a trader who works at
a broker’s site is changing. Thanks to
sophisticated electronic trading tools traders
can devote more time in service to his clients
such as analysis and advice. Specific tools
have already been developed by GL TRADE
to address there specific needs.
The financial community will continue to
consolidate with mergers between
exchanges or mergers between brokers.
It will create new financial instruments and
trading opportunity and technology will
continue to adapt itself to bring new
investments facilities.
Growing power of the Buy Side
community
Buy-side clientele is increasingly powerful
and influential in the marketplace. GL
TRADE’s products are tailored to target this
market by offering specific order
management tools and continually adding
them to its product range.
Remaining closer to the clients’ needs
The structure of GL TRADE has been
designed to combine quick and effective
responses, close physical proximity, and to
bring together the resources and expertise of
a world-class group with a strong local
presence. Our objective is to offer our clients
the same commitment to excellence, tailored
to their particular needs, regardless of their
size or location.
GL TRADE (Switzerland) LTD with offices in
Geneva and Zurich, actively meets all Buy
sides and Sell sides needs throughout
Switzerland. Answering the specific and
evolving demands of GL TRADE’s clients
and prospects, our dedicated team of IT &
support specialists meet the Swiss quality
label standard. Since 2005 GL TRADE
(Switzerland) LTD is targeting the developing
Turkish market with promising results
expected.
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