Bremen, Duesseldorf, Frankfurt, Hamburg, Hanover, Munich and Stuttgart.
Direct Market Access via GL NET, GL TRADEâs dedicated trading network, is designed for buyside firms to handle high transaction volumes. Through this network, firms may trade on markets without necessarily being members. The DMA service offers the same speed and efficiency of order execution as for members of the market. Users handle the execution risk on the orders they submit.
XONTRO is an established and professional order routing, trading and settlement system with which orders are automatically routed on the appropriate German regional Exchange. Through Deutsche Bank, participants can trade cash and warrants from all German Regional Exchanges and Europeâs largest Warrants markets EUWAX. About 500 banks and brokers are connected to
"GL NET offers access to more than 100 markets, cash and derivatives, worldwide and gathers a community of more than 550 international financial institutions", comments Anne Jeanmart, GL NET Business Development Manager. "Deutsche Bank is the first fully electronic DMA collector on XONTRO from all GL NET users worldwide, making it, thus, available to both domestic and foreign participants worldwide".