GL TRADE is the first pan-European supplier to offer real-time market data aggregation for MiFID and to link it to execution. The group offers access to multilateral trading facilities (MTF) as well as solutions offering the best real-time execution (smart order routing). In addition to its trading and order management offering, GL TRADE's system provides full traceability, archiving of the market and order data for five years and access to execution benchmarks based on transaction cost analysis (TCA) indicators.
GL TRADE’s expertise on full front to back solutions allows the group to also provide MiFID compliant tools on the middle and back office field and its solutions have been enhanced consequently.
“Our mission is to deliver our clients the solution they need to cope with MiFID with the least possible impact on IT, while allowing them to benefit from opportunities brought by liquidity fragmentation.”, comments Sebastien Wilk, Strategic Projects Director. “Thus, we’re very proud that our solution has already been selected by so many clients.”
GL TRADE has been an active member of the MiFID Joint Working Group and the MiFID Forum France and has been involved since the vote of the directive in the MiFID Process throughout Europe.