GAH to offer global equity and derivative order routing to the Asian marketplace
through GL NET NEW YORK – April 21, 2004 -- Global Access Holdings (GAH), an independent service bureau specializing in Global Equity, Fixed Income, Foreign Exchange and Program trading, and GL TRADE, a leading provider of financial trading software, announced today that Global Access has chosen the GL NET trading network to provide global equity and derivative order routing for its international service bureau.
Global Access is the first trading solution to encompass the broad spectrum of financial instruments for the global institutional investor. Through connectivity to GL NET, Global Access will now be able to provide global order routing with direct access to 83 equity and derivatives markets worldwide including New York, Hong Kong, Singapore, Tokyo, and Korea. The solution will be marketed in Asia through the previously announced partnership between Global Access and Xinhua Finance known as Xinhua Global Access.
"This partnership enhances our platform by extending its reach to 83 exchanges globally through the use of best of breed technology," said Vincent Molinari, CEO of Global Access Holdings. "GL TRADE’s connectivity to Asian Markets through optimized interfaces makes it the perfect partner for Global Access."
"The combined Global Access/GL TRADE offer is an ideal solution for Asian investors who require comprehensive access to the global markets," said Gerard Varjacques, CEO of GL TRADE Americas. "By combining the reach of GL TRADE’s extensive connectivity with the distribution capabilities of Global Access, customers will have a truly global trading platform."
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