GL Trade developing new market data in preparation for new broadband access
GL Trade is developing new market data based on Multi-cast protocol while gearing up for the implementation of wider broadband access on Euronext derivatives markets.
Euronext announced last month that it will provide a high bandwidth line to access to its markets when version 10 of Connect is launched on 12 November.
GL Trades chief technology officer, Natalie Samson-Thévenon hailed the new development. GL Trades strong and proven expertise to adapt to market changes and new regulations has always been one of our key advantages, especially now with the rise of algorithmic trading and the Smart Order Routing technology coming with Mifid requiring low latency solutions. She said. GL Trade will of course provide this new high bandwidth access as part of the ASP offering to its clients.
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