GL TRADE Extends Its Connectivity To ASX, The Australian Equities And Derivatives Exchange

GL TRADE, global provider of electronic trading and clearing solutions, has developed direct access to ASX (Australian Stock Exchange) to its equities markets.

GL TRADE offers real time direct market access and trading interface to local brokerage firms thanks to its dedicated order routing network, GL NET.

" GL TRADE's fast and efficient solution has caught the interest of the large Australian brokers. The ASX connectivity via GL NET will doubtlessly encourage international expansion of this market," says Philippe Thomas, Director of GL TRADE SYDNEY, "It will also provide even more business opportunities to our member or non-member clients ".

The GL NET dedicated network gathers a community of some 500 financial institutions accessing 83 equities and derivatives markets worldwide.

The GL TRADE Sydney office was created in 2000 and currently counts 15 staff members and some twenty clients.