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GL TRADE Receives e-CBOT® Certification

Date 07/10/2003

GL TRADE, the leading provider of financial trading software, received certification to operate on the Chicago Board of Trade's new e-cbot® trading platform.

At the end of November, e-cbot® will replace the exchange's existing a/c/e platform, powered by the Eurex technology, with a platform based upon the LIFFE CONNECT® technology. GL TRADE immediately adapted its systems according to the new platform. This approach is consistent with GL TRADE's policy to provide and maintain connectivity to worldwide electronic exchanges. GL TRADE is amongst the first ISVs to meet the mandatory requirements for e-cbot® .

e-cbot® , offers a number of competitive advantages through the new LIFFE CONNECT platform, to help trading be more effective and profitable including greater trading flexibility, enhanced reporting and historical information as well as complete front end flexibility. Traders on e-cbot® using GL TRADE solutions are able to benefit from all the new functionalities provided by the exchange.

"GL TRADE is very pleased to receive the certification from the exchange," says Gerard Varjacques, CEO of GL TRADE in the Americas. "The CBOT is a very important market not only for our clients, but for GL TRADE. As the leading provider of electronic exchange connectivity, the certification with e-cbot ® allows us to continue to meet the demands of our clients for connectivity to the global markets."