GL TRADE targets Latin America

Paris - 9 January 2007

The group offers direct market access to major South American exchanges
GL TRADE, global provider of front to back solutions for international financial institutions, announces that it will offer direct connectivity to major Latin America financial markets including Brazil, Mexico, Argentina, Chile and Venezuela.

The group has developed market access via GL NET, its proprietary international market data and order routing network. The GL NET community represents today more than 650 of the largest international financial institutions and provides access to more than 120 Equities, Derivatives, Commodities, Fixed Income and FOREX markets. GL NET is available for both Buy Side and Sell Side institutions via GL TRADE workstations, FIX or third party applications.

“Investors are showing strong interest for South America like they did earlier for Asia and the Middle East”, comments Christophe Dacre-Wright, Deputy CEO GL TRADE Americas. “Offering access to those markets is part of our global connectivity strategy to provide our clients with the most extensive coverage worldwide.”

“Our global reach enables our customers to access all the relevant information from one single screen”, adds Philippe Carré, Global Head of Client Connectivity at GL TRADE. “GL NET users can easily add new destinations to their existing connectivity.”

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