GL Trade

19 results about this entity

Period: 16 Jan 2007 - 16 Dec 2008

Newedge to deploy GL Trade's hosted processing for listed derivatives

GL Trade has closed a deal with Newedge Group, the global multi-asset brokerage firm, to extend the use of GL Instant Brokerage globally from its UK business to also cover its brokerage operations in Paris, New-York and Hong Kong.

GL Trade revenue up, despite fall in OTC system sales and slower front-office growth

GL Trade has reported Q3 revenue up 10.5% to EUR162.8m despite its front-office sales being hit in Europe and sales of its Tradix and Sierra solutions falling worldwide.

GL Trade profits from economic turbulence

French dealing systems vendor GL Trade says the turbulent markets in the first half of the year boosted demand for its middle and back-office technology as banks moved to upgrade internal control procedures and risk management.

Acquisition news drives up Polaris Software and GL Trade

M&A activity again helped the Finextra50 Financial Technology Index close higher last week, as it ended Friday up 0.7% to 82.36. Polaris Software and GL Trade led the gainers after the Indian software company outlined acquisition plans following on from strong results and the French dealing systems vendor announced an acquisition offer from SunGard. Meanwhile, poor quarterly results for Online Resources and Total Systems Services saw them lead the index's few fallers.

SunGard moves to acquire GL Trade

US fintech giant SunGard has made a binding offer to acquire a majority 64.51% stake in French dealing systems vendor GL Trade at a price of EUR41.70 per share.

Patsystems and Misys lead Finextra50 down

The Finextra50 Financial Technology Index slipped two per cent to 88.21 last week, with London-based Patsystems recording the biggest fall after it warned of a profit shortfall in the first half of the year.

Poor results for ACI and Jack Henry lead Finextra50 down 2.7%

It was a mixed bag for financial technology companies last week as earnings reporting season hit full swing. Missed expectations and downgraded forecasts dragged Cognizant, ACI Worldwide and Jack Henry lower, while positive results from GL Trade and Pegasystems saw them rise. The Finextra50 Financial Technology Index ended Friday down 2.7% to 85.31.

BNP Paribas Arbitrage to implement GL Trade's Ubix

Paris-based vendor GL Trade says BNP Paribas Arbitrage is rolling out its derivatives back office technology Ubix.

GL Trade names Yassine Brahim CEO

French trading systems vendor GL Trade has appointed Yassine Brahim as its new group chief executive officer as part of a management shake-up that will see current CEO and company founder Pierre Gatignol take on the role of executive president.

Landsbanki Kepler deploys GL Trade's MiFID package

Landsbanki Kepler, the European investment banking arm of Iceland's Landsbanki Group, is using technology from French dealing systems vendor GL Trade to comply with the EU's Markets in Financial Instruments Directive (MiFID).

GL Trade buys US fixed income vendor Decision Software

French dealing systems vendor GL Trade has acquired Decision Software, a New York-based provider of fixed income trading technology, for an undisclosed sum.

Dealing room refits fuel US trading technology boom - Kimsey

Expenditure on trading applications and telecoms is growing at 10% per annum in the US Tri-State region with no sign of an imminent slowdown, according to the latest report from Kimsey Consulting.