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GL TRADE Carries On Its Development Strategy To Enhance Its Trading Screens And Integrates A 3D Visualization Tool

Date 07/04/2003

GL TRADE, the leading provider of financial trading software, announced today the acquisition of London-based "4D Trading", a provider of 3 dimensional visualization tools for the financial markets.

For GL TRADE, this external growth is in line with a product range development strategy that expands its core activities and benefits to end users.

The 4D trading solution, known as 4D Genie, will be integrated with GL TRADE's front-office product suite and re-branded. The new offering will be marketed to US participants on the US derivatives markets, and will be further enhanced for use on both equities and derivatives markets worldwide.

All current trading station features, from order books to market depth, will now be available using innovative and original graphic features : order sending will be possible directly from these three dimensional screens.

The product represents a superior addition to other products currently available by capitalizing on the ability of the human mind to process color, movement, and shape changes faster than it can absorb and analyze numerical data and two dimensional charts. This offering enables traders to identify profit opportunities far more rapidly than any other system currently available.

"This new offering will further solidify GL TRADE's commitment to providing innovative trading tools to the end users," said Gerard Varjacques, CEO of GL TRADE Americas. "The combined product sets will offer a competitive edge to traders looking for profit opportunities in an environment where the ability to act quickly is an absolute necessity." "This operation will reinforce GL TRADE's front end", added Pierre Gatignol, GL TRADE CEO."Development of this new package in the United States will also give additional impetus to our local development in the American markets-based culture"

"4D Genie has helped revolutionize the way traders view the markets," said Rob Brown, CEO of 4D Trading. "Merging our technology into GL TRADE's offerings, coupled with their expertise in the markets, will provide incomparable value to US traders looking for a competitive trading advantage."