GL TRADE Capital Markets Solutions is the name of the GL TRADE business line in charge of technology and sales development for the following solutions: ASPEN, SIERRA, SIERRALINKâ¢, CAYMAN, TRADIX and TXpress. These products offer cross-asset trading, management and processing of capital market transactions for banks, trading firms, corporate treasuries, hedge funds and prime brokers.
GL TRADE Capital Markets Solutions counts more than 75 clients in the US, Europe and Asia. The Capital Markets Solutions business line has reported a 2007 turnover representing 7% of the Group turnover.
Farid Naib, global head of GL TRADEâs Capital Markets Solutions business line, comments, âWeâve realigned the management of our solution offerings to better serve the financial marketplace from trading and order management straight through to clearing and settlement. For FX, Fixed Income and Commodities trading, GL TRADE provides the industryâs most comprehensive and complete solutions. This is truly an exciting time for us.â