GL Trade And HEX Announced The Opening Of A Gateway

GL TRADE and HEX announced today the opening of a gateway. Brokers are now able to place orders on HEX through GL Net, the proprietary network which links more than 55 equity and derivatives markets worldwide. The provision of a direct gateway to HEX enables brokers to take advantage of the significant arbitrage and basket trading opportunities. For HEX this means that it will be able to further enhance the liquidity of the Finnish blue chip companies to Finland.

Commenting on the gateway, Malcolm Donaldson MD UK and North Europe said: "GL TRADE is committed to bringing liquidity to markets across the globe. For brokers it is important that they can access stocks listed on exchanges anywhere in the world. For the exchange the gateway will bring increased volumes."

Pekka Peiponen, Senior Vice President from HEX is delighted that GL TRADE has provided a gateway to HEX. "This announcement also supports HEX's strategy of making the HEX marketplace more easily accessible to all interested international players."