GL TRADE, global provider of front-to-back office software solutions for international financial institutions, announces that Nomura Securities, a leading financial institution in Japan, has gone live with GL TRADE front office system to trade TSE’s JGB futures and options for their proprietary desk.
Nomura Securities plans to expand the system to handle agency business, collecting DMA orders from GLNET to service their domestic and international clients.
“We’ve chosen GL TRADE because of the full feature of trading solutions offered by GL TRADE”, comments Mr. Kenji Tsuge of Nomura Securities. “For example, the proprietary desk will utilize GL TACTICS to take advantage of the algo trading functionality & the risk management offered by the GL SELECTOR was very important as well. The ease to connect to GL NET was also crucial in our evaluation since we plan to expand the platform to handle DMA orders from our clients.”
“We are delighted that Nomura Securities has gone live with GL TRADE market connectivity offering”, comments Charles-Henry Choel, Deputy CEO of GL TRADE Asia. “With this important new Tier I client, GL TRADE has now signed its 65th client in Japan establishing itself clearly as the leading international vendor”.
