GL TRADE ranked number one as best market data vendor relationship and second position in overall user satisfaction by New York sell side firms

Paris, April 11th 2006

According to a recent survey among the sell side firms in the New York tri state area conducted by UK research firm Kimsey Consulting, GL TRADE, the global provider of front to back solutions for international financial institutions was praised as best market data vendor relationship provider.

GL TRADE obtained the second position for overall user satisfaction behind Thomson Financial. As far as Reliability of data is concerned, GL TRADE is the first European company rated and came third just behind Bloomberg, one of the three big market data vendors. The group also obtained second position for value for money and after sales support.

“It has been GL TRADE’s core business for a long time to provide the best of breed when it comes to real time market data. Our proprietary network, GL NET, allows us to broadcast low-latency data feed to tens of thousands of users from over 70 worldwide electronic exchanges, including the OPRA feed”, comments Christophe Dacre-Wright, COO of GL TRADE Americas. “GL TRADE is the only provider capable to offer full market depth for the US markets where our competitors only supply best limit by counterparty”. “We are very pleased to see that our efforts for offering efficient and reliable market data is being recognized and appreciated by the industry and comfort us in our local development strategy”.

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