GL TRADE, global provider of integrated software solutions to the financial institutions, announces that it has been awarded “Best Sell Side Order Management System” at the TradeTech Awards ceremony in Paris last Thursday. GL TRADE’s OMS was selected as Best OMS of the year against a shortlist containing two highly respected finalists.
The TradeTech Awards are held annually to identify, honour and promote the year’s best performance and contribution to the Buy and Sell Side in Europe, as well as to provide a showcase for successful innovations in market technology solutions.
The GL TRADE innovative workstation is a multi-market trading screen built for various trading styles and global access to worldwide exchanges. The workstation structures and automates transaction processing whilst speeding up and streamlining order transmission.
GL TRADE provides its order management system to major international financial institutions including leading brokers in Asia, the USA and Russia, along with ones of the major Spanish and Italian banks. Installation rate substantially increased in 2006.
“In the last 3 years and since our recent acquisition of Misys Securities, a large investment was made to upgrade our product line, inspired from our acquisition and client suggestions” comments Jean Pierre Baron, Managing Director for Trading Systems. “We are very pleased to see this TradeTech return and, even more important, a growing number of users. Investment in our flagship product will obviously continue with the MIFID challenge”.
