GL WIN is used by more than 30,000 traders to access financial data and to place orders on more than 60 cash equities and derivatives exchanges around the world.
AFX news services are aimed at trading professionals and will be available through the GL WIN News Window and the Group's extranet (www.gltrade.net.). The newswire also contains a powerful search engine, enabling users to personalise their news feeds. AFX news services will include:
- AFX Europe (coverage from the Eurozone as well as additional news from the US and Latin America)
- AFX Asia Pac (coverage from Asia as well as additional news from the US and Latin America)
- Regional news services in local languages for the UK, Germany, The Netherlands, Italy, Switzerland and Spain
Commenting on the agreement Graham Parry, Business Director at AFX, comments, "AFX is delighted to work with GL TRADE to provide market news direct to traders. We believe that, by working together, GL TRADE and AFX can offer a news and data service unrivalled in the market today".
"This new partnership enables GL TRADE to provide trading professionals with a comprehensive package of real-time multi-market data and global news services through a single screen". says Vincent Burzynski, Strategic Projects Director at GL TRADE.
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About GL TRADE
Established in June 1987, GL TRADE is the world's leading provider of financial trading software.
With its headquarters in France, GL TRADE operates via its proprietary network, GL NET, on more than 55 markets around
the world. GL TRADE has offices in more than 17 countries and employs around 800 people worldwide. GL TRADE has over
3500 clients, including 500 financial institutions (major European, US and Asia banks).Its principal activities are in the sale of
electronic routing systems and electronic exchange interfaces for both financial equity and derivative markets. Since its
creation, GL TRADE has experienced strong annual growth in revenue and profits. In 2001, GL TRADE group turnover was
€102 M a 45,6% increase over 2000. For first half 2002, turnover was € 61.1 M, an increase of 33 %. GL TRADE is listed on
the "Nouveau Marché" and is part of the NextEconomy segment.
About AFX News
AFX News, headquartered in London and a subsidiary of Agence France-Presse (AFP), was formed in 1990 out of Extel News
and the business news operationsat AFP. Now based in 33 countries and working in 7 languages, AFX provides real-time
news reporting on markets, economic and financial data and company announcements and has become the largest news
provider outside the Reuternetwork in Europe.
