GL Trade Unveils Buy-Side EMS as Tool for Best Execution Compliance
At 01 Oct 2006 20:24:36 in ET-Best Execution, ET-News in Brief, Electronic Trading
GL Trade used its GL Net Forum event in London last month to unveil its new GL Execution Management System (GL EMS), targeted specifically at buy-side trading desks. The French provider of connectivity and electronic trading solutions cites MiFID as a key driver in focusing the buy side’s attention on best execution, and whether institutional investors and hedge funds are getting the performance and value they require from their sell-side counterparties. As such, GL EMS offers buy-side traders a set of execution tools, including pre- and post-trade transaction cost research, direct market access and programme trading. The system makes use of GL Net, the company’s order-routing and trading network that offers connections to 120 execution venues.















