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Rosenthal Collins Live with Aspen FX from GL Trade

Chicago-based Rosenthal Collins Group (RCG), one of the largest independently owned Futures Commission Merchants (FMCs), has gone live with GL Trade’s Aspen for FX trading back-office operations, which is said to enable RCG to manage positions from its institutional FX group. Through Aspen’s platform, a proven ASP solution offering a suite of trading, position management, risk management, and general ledger tools, RCG was able to connect to five FX electronic trading platforms and a rate provider to support its operations. With the ASP deployment model, RCG was able to start using Aspen in less than sixty days, according to GL Trade.

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