Trading on Emerging and Frontier Markets
No Frontier is too Far in the Quest for Alpha
For over 20 years, GL TRADE has been helping to open up new markets around the world with its electronic trading network, GL NET.
GL TRADE provides access to 150 exchanges worldwide, and is constantly working on new trading horizons for its clients. The company listens closely to clients’ needs for new emerging markets connectivity, works with markets as they open up, and builds long-term relationships as they develop and mature.
GL NET is the most comprehensive global electronic trading network, providing access not only to developed and emerging markets, but also venturing to the newest frontier markets.
Two recent client achievements show what’s possible:
• Broker-Member Scotia Inverlat is now offering Direct Market Access to MexDer (Mexico’s derivatives exchange, which has trebled its number of non-Mexican trading members in the past year) via GL NET
• Deniz Yatirim was the first broker to provide genuine DMA service on the Istanbul Stock Exchange back in 2006, and has profited from the increased interest of European and American investors in the Istanbul market.
To learn more about GL TRADE’s connectivity offerings - DMA, EDA and member-to-exchange - and about our upcoming plans, please contact us at marketing@gltrade.com.
Recent News& Articles:
| DWT report on Emerging markets
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Well Connected
This article highlights the relationships that have been developed between GL TRADE and TASE, IDX and BOVESPA, three markets that have recently undergone significant changes |
Recent Press releases:
Chinese equity markets gain greater exposure through new GL TRADE agreements - 07/24/2008
GL TRADE is the first trading system’s provider to be certified by the biggest Brazilian derivatives exchange - 06/10/2008
GL TRADE opens hub in Tel Aviv expanding EMEA markets connectivity - 05/15/2008
GL TRADE extends its ASP client connectivity offering in Central Europe - 04/08/2008
The Tel-Aviv Stock Exchange chooses GL TRADE - 01/07/2008
Scotia Inverlat chooses GL TRADE for its front-to-back derivatives - 12/24/2007
GL TRADE implements one hub in Istanbul, Turkey - 11/26/2007
GL TRADE establishes strategic presence in Mexico - 04/24/2007
GL TRADE targets Latin America - 01/09/2007
GL Tr@der, new professional derivatives trading workstation
In today’s fast-moving markets many derivatives brokerages seek electronic trading solutions that can be deployed quickly and easily, both for their staff and even more so for their clients, who may be widely scattered geographically. But these same firms naturally do not want to compromise on the trading functionality provided.
GL Tr@der can fulfil both of these apparently contradictory requirements: Tr@der is a full-function professional trading workstation, but uses ‘thin client’ web technology to enable easy set-up via the Internet, with no software to be installed. Clients can be trading literally within minutes at a GL Tr@der screen, and can be provided with access to the 50+ derivatives markets supported via GL TRADE’s gateways.
For more information, read the press release here, download the product leaflet here
If you are interested by GL Tr@der, leave us a message below and we’ll get back to you as soon as possible.
“You know it is about capturing fragmented liquidity…so do we”
Choose a global partner to help you resolve liquidity fragmentation worldwide.
Our smart order routing work started, naturally enough, in the U.S., where there has been considerable fragmentation of both the equity and options markets for a number of years. GL TRADE has led developments of smart order routing products for U.S. equity brokerages and for options market makers. The same GL STREAMTM architecture has more recently been used to develop a smart order router in Europe to meet the requirements of the post-MiFID equity markets, in Australia, where new ATSes plan to open, and Asia, for routing between an internal book and the regulated markets.
The experience of developing for the heterogeneous European markets has been challenging! Every exchange has specific features that the smart order router has to deal with: tick size, auction phase, internal liquidity and so on. The devil is definitely in the details.
The benefits to traders of successful implementations are considerable, however, as a good smart order router effectively “normalizes” the process of trading across multiple exchanges and reduces the need for detailed knowledge of each market’s idiosyncrasies.
Just as important, the principle of portability can also apply across different asset classes. GL TRADE has proved this in practice by using the same smart order routing platform across U.S. equity and options markets, and then in Europe both for equity markets and also for the multi-venue Italian bond market, but with a quite different algorithm.
Also read :
Landsbanki Kepler opts for GL TRADE and its MiFID solutions
NUMIS to clear and settle trades on Chi-X and Turquoise thanks to GL RIMS
DWT report on Smart Order Routing
Sebastien Wilk, Strategic Projects Director at GL Trade, describes the company’s global smart order routing experience in a Dealing With Technology expert panel session.
MiFID’s first birthday: Toddler taming
This article assesses the impact of the Markets in Financial Instruments Directive, one year after it came into effect.
