Calyon Financial live with GL Stream Workstation for Derivatives
22 June 2006 | 5075 views | 0
Paris-based GL Trade says Calyon Financial, the corporate brokerage arm of Credit Agricole, has implemented its new GL Stream Workstation for Derivatives product.
GL Trade says Calyon Financial is using the system to collect and route client order flow from multiple clients and trading application on a single sales screen.
The product is integrated with the vendor's middle and back office systems to provide straight-through processing of derivatives trades.
Leslie Sutphen, head of e-brokerage strategy and implementation for Calyon Financial, says: "GL Stream Workstation, linked with our electronic and traditional brokerage services and exchange memberships, helps us provide superior execution services to our clients."
The broker has also signed up to the vendor's GL Tactics trading module, which is designed to improve efficiency by offering customised execution strategies.
The vendor released its GL Stream Workstation last year. The system integrates all the technology that GL Trade has acquired since 2000.