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CALYON FINANCIAL launches the new GL STREAM™ Workstation for Derivatives

Paris, June 22nd 2006

GL TRADE, global provider of front to back office software solutions for international financial institutions, announces that Calyon Financial has implemented the GL STREAM™ Workstation for Derivatives to collect and route client order flow from multiple clients and trading systems on one comprehensive sales screen.

GL STREAM™ Workstation is the advanced trading system combining all the developed and acquired technologies since 2000. It gives dealers the ability to easily manage client and market orders in the same workstation and offers several integrated and innovative order management and trading modules.

Calyon Financial also signed for GL TACTICS, the trading module improving efficiency for trading desks, by offering customized execution strategies and reducing time to trading decision.

“We’re the only ISV worldwide to provide such a global STP solution dedicated to derivatives instruments,” said Rob Brown, Managing Director, GL TRADE Chicago. “Calyon Financial is a long time partner, and we’re delighted that they rely on us and on the new workstation for their order management on the US derivatives markets.”

“Our clients expect a superior service level even as Calyon Financial continues to increase the number of market destinations, order handling, and connectivity options.” said Leslie Sutphen, Head of eBrokerage Strategy and Implementation for Calyon Financial. “GL STREAM™ Workstation, linked with our electronic and traditional brokerage services and exchange memberships, helps us provide superior execution services to our clients.”